# Lithium Mining News in Nevada Canonical page: https://atlas-extractions.minestarters.com/news?commodities=lithium®ions=usa_nv Atlas summarizes and classifies mining-industry stories from third-party publishers. Follow each source link for the original reporting. Results: 73 Returned: 10 Coverage: drill results, resource updates, and metallurgy; primary commodity matching; all time unless dates are supplied. Region: Nevada (usa_nv) Commodity: Lithium (lithium) Applied filters: {"regions":["usa_nv"],"commodities":["lithium"],"commodity_scope":"primary","document_types":["drill_results","resource_update","metallurgy"],"document_type_match":"any"} Sort: published_at desc Offset: 0; page size: 10 [Next page](https://atlas-extractions.minestarters.com/news.md?commodities=lithium®ions=usa_nv&page=2&page_size=10) ## Peloton and the University of Nevada, Reno Enter into a Metallurgical Research Agreement Toward Integrated Leaching Strategies for Co-Recovery of Lithium, Rubidium, Cesium and Gallium from North Elko Lithium Project (NELP) Clays - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/peloton-and-the-university-of-nevada-reno-enter-into-a-metallurgical-research-ag--d5583276-1dba-451a-ba3f-320cbc70cbb4) · [Markdown](https://atlas-extractions.minestarters.com/news/peloton-and-the-university-of-nevada-reno-enter-into-a-metallurgical-research-ag--d5583276-1dba-451a-ba3f-320cbc70cbb4.md) - Original announcement: 2026-09-24T11:30:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Peloton Minerals Corporation (PMC) - Original source: [orestocks](https://orestocks.com/company/PMC.CN/press-releases/5778992310569269) - Atlas sentiment: 0.275 - Atlas tags: Bench Scale Only, Byproduct Commodity, Single Domain Only Peloton Minerals Corporation has entered into a metallurgical research agreement with the University of Nevada, Reno to develop leaching strategies for its North Elko Lithium Project. The program will focus on the co-recovery of lithium, rubidium, cesium, and gallium from clays and is expected to run until September 2027. ## Surge Announces Start of 2026/27 Drill Program at Nevada North Lithium Project in Support of the Bankable Feasibility Study (BFS) - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/surge-announces-start-of-2026-27-drill-program-at-nevada-north-lithium-project-i--4de6f6c2-fadc-4ecd-bdc7-ef78c07e056b) · [Markdown](https://atlas-extractions.minestarters.com/news/surge-announces-start-of-2026-27-drill-program-at-nevada-north-lithium-project-i--4de6f6c2-fadc-4ecd-bdc7-ef78c07e056b.md) - Original announcement: 2026-09-22T11:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Surge Battery Metals Inc. (NILI) - Original source: [orestocks](https://orestocks.com/company/NILI.V/press-releases/7474851122653469) - Atlas sentiment: 0.491 - Atlas tags: Infill Drilling, QA/QC Disclosed, Resource Update Surge Battery Metals has commenced its 2026/27 drill program at the Nevada North Lithium Project following BLM approval. The program is designed to support the upcoming Bankable Feasibility Study (BFS) through resource definition, geotechnical, and metallurgical drilling. ## Barry FitzGerald: Investors warm to Venari’s hot Red Mountain strontium and lithium - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/barry-fitzgerald-investors-warm-to-venari-s-hot-red-mountain-strontium-and-lithi--30426f0e-f525-483d-849e-ce387f00e25c) · [Markdown](https://atlas-extractions.minestarters.com/news/barry-fitzgerald-investors-warm-to-venari-s-hot-red-mountain-strontium-and-lithi--30426f0e-f525-483d-849e-ce387f00e25c.md) - Original announcement: 2026-09-19T13:39:40.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Venari Minerals (VMS) - Original source: [stockhead](https://stockhead.com.au/resources/barry-fitzgerald-investors-warm-to-venaris-hot-red-mountain-strontium-and-lithium/) - Atlas sentiment: 0.479 - Atlas tags: Inferred Resource, Maiden Resource Venari Minerals (ASX:VMS) has reported a 3.03Mt LCE lithium resource (inferred) at its Red Mountain project in Nevada. The company is also planning to add strontium and magnesium to its mineral resource estimate in the coming month, highlighting the project's potential as a strategic domestic supply for specialty metals. ## Surge Announces 99.95% Battery-Grade Lithium Carbonate from Nevada North - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/surge-announces-99-95-battery-grade-lithium-carbonate-from-nevada-north--714a19e5-fc13-487b-a33d-5713cc26786a) · [Markdown](https://atlas-extractions.minestarters.com/news/surge-announces-99-95-battery-grade-lithium-carbonate-from-nevada-north--714a19e5-fc13-487b-a33d-5713cc26786a.md) - Original announcement: 2026-09-15T11:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Surge Battery Metals Inc. (NILI) - Original source: [orestocks](https://orestocks.com/company/NILI.V/press-releases/8393935532581012) - Atlas sentiment: 0.493 - Atlas tags: High Recovery, Mill Route, Single Domain Only Surge Battery Metals has successfully demonstrated a continuous flowsheet from Nevada North ore to a 99.95% battery-grade lithium carbonate product. Metallurgical testing achieved lithium extractions exceeding 93% via sulfuric acid leaching and effective beneficiation, supporting the upcoming Prefeasibility Study. ## American Battery Technology Company Achieves Major Milestone with U.S. BLM Acceptance of Plan of Operations for Tonopah Flats Lithium Project - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/american-battery-technology-company-achieves-major-milestone-with-u-s-blm-accept--a57a3057-5106-4fbf-92a3-13bbd3fa66b8) · [Markdown](https://atlas-extractions.minestarters.com/news/american-battery-technology-company-achieves-major-milestone-with-u-s-blm-accept--a57a3057-5106-4fbf-92a3-13bbd3fa66b8.md) - Original announcement: 2026-09-08T00:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: American Battery Technology Company (ABAT) - Original source: [globenewswire](https://www.globenewswire.com/news-release/2026/09/08/3357682/0/en/american-battery-technology-company-achieves-major-milestone-with-u-s-blm-acceptance-of-plan-of-operations-for-tonopah-flats-lithium-project.html) - Atlas sentiment: 0.493 - Atlas tags: Permitting Milestone, FAST-41 Covered Project American Battery Technology Company has received U.S. Bureau of Land Management (BLM) acceptance of its mine and refinery Plan of Operations for the Tonopah Flats Lithium Project in Nevada. The project, a FAST-41 Priority Project, contains an estimated 21.3 million metric tonnes of lithium hydroxide monohydrate resource and has secured significant federal grant and financing interest. ## American Battery Technology Company Announces Highest Ever Gross Profit and Successful Appeal for Reinstatement of $57 Million US Department of Energy Grant in Fourth Quarter FY2026 Financial Results - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/american-battery-technology-company-announces-highest-ever-gross-profit-and-succ--ddd1781b-f77f-4a1f-8e61-22ed687f45e0) · [Markdown](https://atlas-extractions.minestarters.com/news/american-battery-technology-company-announces-highest-ever-gross-profit-and-succ--ddd1781b-f77f-4a1f-8e61-22ed687f45e0.md) - Original announcement: 2026-08-20T00:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: American Battery Technology Company (ABAT) - Original source: [globenewswire](https://www.globenewswire.com/news-release/2026/08/20/3348316/0/en/american-battery-technology-company-announces-highest-ever-gross-profit-and-successful-appeal-for-reinstatement-of-57-million-us-department-of-energy-grant-in-fourth-quarter-fy2026.html) - Atlas sentiment: 0.241 - Atlas tags: Tonnage Growth, Proven Reserve, Probable Reserve American Battery Technology Company reported its Q4 FY2026 financial results, highlighting record gross profit and the successful reinstatement of a $57 million DOE grant for the Tonopah Flats Lithium Project. The company also announced an 11% increase in total lithium resources to 21.3 million tonnes LHM and the establishment of 2.73 million tonnes of proven and probable reserves. ## Surge Battery Metals Announces 2026 Drill Program to Accelerate Nevada North Bankable Feasibility Study - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/surge-battery-metals-announces-2026-drill-program-to-accelerate-nevada-north-ban--ab3fee06-418a-4af6-abd3-52b91fe2d153) · [Markdown](https://atlas-extractions.minestarters.com/news/surge-battery-metals-announces-2026-drill-program-to-accelerate-nevada-north-ban--ab3fee06-418a-4af6-abd3-52b91fe2d153.md) - Original announcement: 2026-08-19T11:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Surge Battery Metals Inc. (NILI) - Original source: [tmx](https://money.tmx.com/en/quote/NILI/news/6693684445869623/surge-battery-metals-announces-2026-drill-program-to-accelerate-nevada-north-ban) - Atlas sentiment: 0.226 - Atlas tags: Infill Drilling Surge Battery Metals has finalized its 2026 drilling program for the Nevada North Lithium Project to support an upcoming Bankable Feasibility Study. The company also announced a CA$3.2 million funding advance from Evolution Mining, adjusting the joint venture ownership interests. ## Surge Announces Addition of Cesium-Rubidium To Nevada North Following Averages Of Up To 291ppm Rb And 125ppm Cs In Primary Horizons - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/surge-announces-addition-of-cesium-rubidium-to-nevada-north-following-averages-o--c1390f19-a551-46dc-905a-c6d285024341) · [Markdown](https://atlas-extractions.minestarters.com/news/surge-announces-addition-of-cesium-rubidium-to-nevada-north-following-averages-o--c1390f19-a551-46dc-905a-c6d285024341.md) - Original announcement: 2026-07-08T11:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Surge Battery Metals Inc. (NILI) - Original source: [tmx](https://money.tmx.com/en/quote/NILI/news/4525236045316646/surge-announces-addition-of-cesium-rubidium-to-nevada-north-following-averages-o) - Atlas sentiment: 0.358 - Atlas tags: QP/CP Signed, Byproduct Commodity, Single Domain Only Surge Battery Metals has announced the addition of Cesium and Rubidium as potential co-products at the Nevada North Lithium Project following successful re-assays of 2022 and 2023 drill holes. The company has engaged Kemetco Research to conduct metallurgical studies to evaluate the recovery of these specialty metals alongside lithium. ## Surge Battery Metals Announces Filing of Updated Mineral Resource Estimate Technical Report - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/surge-battery-metals-announces-filing-of-updated-mineral-resource-estimate-techn--113c6557-d897-463e-af41-61d5aaadb514) · [Markdown](https://atlas-extractions.minestarters.com/news/surge-battery-metals-announces-filing-of-updated-mineral-resource-estimate-techn--113c6557-d897-463e-af41-61d5aaadb514.md) - Original announcement: 2026-06-30T11:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Surge Battery Metals Inc. (NILI) - Original source: [tmx](https://money.tmx.com/en/quote/NILI/news/5650781648571688/surge-battery-metals-announces-filing-of-updated-mineral-resource-estimate-techn) - Atlas sentiment: 0.221 - Atlas tags: NI 43-101 Compliant, QP/CP Signed, Resource Update Surge Battery Metals has filed an updated NI 43-101 Technical Report for the Nevada North Lithium Project. The project features a pit-constrained Measured & Indicated resource of 10.51 Mt LCE at 3007 ppm Li. ## Surge Battery Metals Announces Strategic Funding to Fast Track the Nevada North Lithium Project, Co-Led by Brian Paes-Braga and Michael Hess - Atlas analysis: [Read analysis](https://atlas-extractions.minestarters.com/news/surge-battery-metals-announces-strategic-funding-to-fast-track-the-nevada-north--982dd421-6cf0-40de-b722-0f2c02e0d602) · [Markdown](https://atlas-extractions.minestarters.com/news/surge-battery-metals-announces-strategic-funding-to-fast-track-the-nevada-north--982dd421-6cf0-40de-b722-0f2c02e0d602.md) - Original announcement: 2026-06-03T14:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Surge Battery Metals Inc. (NILI) - Original source: [tmx](https://money.tmx.com/en/quote/NILI/news/7188096152684266/surge-battery-metals-announces-strategic-funding-to-fast-track-the-nevada-north-) - Atlas sentiment: 0.493 - Atlas tags: QA/QC Disclosed Surge Battery Metals has announced a non-brokered private placement of up to 50,000,000 units for gross proceeds of up to $36,000,000. The funding is intended to fast-track the Nevada North Lithium Project to a construction decision and is co-led by strategic industry figures Brian Paes-Braga and Michael Hess. # Atlas tag definitions - **Bonanza Intercept:** Exceptionally high-grade zone, well above the deposit-type norm. - **Metal Equivalent Opaque:** Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent. - **True Width Disclosed:** Actual thickness perpendicular to structure is stated, not just downhole length. - **Apparent Width Only:** Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. - **QA/QC Disclosed:** Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates). - **Compositing Transparent:** Cut-off grade and internal dilution rules are clearly stated for reported intervals. - **No QA/QC Disclosure:** Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. - **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers. - **Step-Out Extension:** Mineralization extended beyond the previously known limit. - **Infill Drilling:** Confirmatory drilling to raise resource confidence, not new discovery. - **Stale Data Re-release:** Historical results re-announced with no new assays or reinterpretation — low genuine novelty. - **Deleterious Elements Present:** A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent. - **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery. - **Nearology Play:** Value premise rests on proximity to a known deposit rather than own results. - **Measured Resource:** Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. - **Indicated Resource:** Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. - **Proven Reserve:** Measured Resource with demonstrated economic viability after applying modifying factors. - **Probable Reserve:** Indicated Resource with demonstrated economic viability after applying modifying factors. - **Inferred Resource:** Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. - **All Inferred:** M&I share below the weak bound — very early stage, no engineering confidence. - **Tonnage Growth:** Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. - **Grade Improvement:** Average resource grade improved vs prior estimate — better deposit economics. - **Contained Metal Growth:** True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. - **Category Upgrade:** Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal. - **Tonnage Decline:** Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. - **Grade Decline:** Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. - **Contained Metal Decline:** Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. - **Category Downgrade:** Resource confidence decreased — Measured downgraded to Indicated, or Indicated to Inferred. Unusual and concerning. - **Dilutive Growth:** Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion. - **Cut-off Lowered:** Cut-off grade reduced beyond the suspicious bound vs prior estimate — tonnage growth may be artificial inflation. - **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers. - **Stale Estimate:** Effective date is >2 years old — data currency concern, may not reflect current geological understanding. - **QP/CP Signed:** Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience. - **Cut-off Disclosed:** Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. - **JORC Compliant:** Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard. - **NI 43-101 Compliant:** Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard. - **Historical Estimate Only:** Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling. - **No Contained Metal:** Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. - **No QP/CP Disclosure:** No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. - **Maiden Resource:** First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable. - **Resource Update:** Revised estimate for an existing resource — compare to prior to assess progress. - **PEA-Supporting:** Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. - **PFS-Supporting:** Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. - **DFS-Supporting:** Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. - **High Recovery:** Recovery at or above the exceptional band for the commodity and processing route. - **Pilot Scale Complete:** Pilot or demonstration plant testing completed under continuous operation. - **Free Milling:** Simple, clean ore amenable to standard processing without oxidation. - **Multi-Domain Tested:** Variability across ore domains (oxide, transition, fresh) has been addressed. - **Recovery Improving:** Recovery improved versus a like-for-like prior test program on the same domain and route. - **Low Recovery:** Recovery below the weak band for the commodity and processing route. - **Bench Scale Only:** Only preliminary bench tests completed — no locked-cycle or pilot work. - **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery. - **Single Domain Only:** Testing limited to one composite or domain — representativeness not established. - **Recovery Stagnant:** No improvement across multiple test programs on comparable material. - **Theoretical Recovery Only:** Only theoretical or liberation-derived recovery reported, with no actual test result. - **Heap Leach Route:** Processing via heap leach — lower CAPEX and OPEX, lower recovery expected. - **Mill Route:** Processing via mill or concentrator (CIL, CIP, tank leach, flotation). - **Gravity Route:** Gravity separation forms a material part of the flowsheet. - **POX/BIOX Route:** Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX. - **Byproduct Commodity:** The tested commodity is a byproduct rather than the primary economic driver. - **DFS Bankable:** AACE Class 2-1 study complete and within the staleness window. - **PFS Complete:** AACE Class 3 study complete. - **PEA Only:** Only Class 4 / Initial Assessment economics available. Not bankable. - **No Study:** No formal economic study — no engineering basis for the economics quoted. - **Stale Study:** Beyond the staleness window measured from the estimate base date. - **Inferred Heavy Feed:** Material Inferred share of LOM mill feed, or the share is undisclosed. - **Resource Governance Undisclosed:** No QA/QC, top-cut methodology or QP independence disclosed. Caps study quality at the moderate tier. - **NPV Cut vs Prior Study:** A restated study reduces NPV materially against its own predecessor on the same asset. - **High IRR:** Post-tax real unlevered IRR in the strong tier or better. - **Low IRR:** IRR below the moderate tier. - **Below Jurisdiction Hurdle:** IRR below the greenfield or brownfield hurdle for its jurisdiction tier. - **IRR Basis Undisclosed:** Real vs nominal not stated, so the tier is not comparable across studies. - **Undervalued PNAV:** Funding-adjusted P/NAV in the strong tier or better. - **Overvalued PNAV:** Funding-adjusted P/NAV in the red-flag tier. - **Fast Payback:** Payback in the strong tier or better, on the required basis. - **Slow Payback:** Payback in the weak tier or worse. - **Bottom Quartile Cost:** P0-25 of the relevant commodity cost curve. - **Top Quartile Cost:** P75-100 of the relevant commodity cost curve — first to cut in a downturn. - **Cost Basis Undisclosed:** By-product vs co-product not stated, so quartile placement is unreliable. - **Low Capital Intensity:** Below the benchmark for its project type. - **High Capital Intensity:** Above the benchmark for its project type. - **Conservative Pricing:** Conservative on the worst of the spot, 3-year and consensus comparisons. - **Aggressive Pricing:** The study only works on a stretched price deck. - **No Price Sensitivity:** No price sensitivity disclosed — treated as a deliberate signal, not a neutral gap. - **No Discount Rate Sensitivity:** Blocks NPV normalisation to the common rate without reconstruction. - **Price Deck Unstructured:** Prices given only as free text, so conservatism cannot be scored. - **Long Reserve Life:** Reserve life index in the top tier of the single ladder. - **Short Reserve Life:** Reserve life index in the critical tier. - **Resource Life Upside:** Wide gap between reserve life and resource life — conversion upside rather than discovery dependence. - **Fully Funded:** Funding coverage at or above 1.0x counting committed facilities only. - **Material Funding Gap:** Funding coverage below the substantially-funded band. - **Funding Gap Exceeds Market Cap:** Red flag regardless of headline NPV — the upside is not reachable by the current equity holder. - **Encumbered by Stream:** An existing stream or royalty reduces attributable NAV and restricts future financing. - **Stability Agreement:** Fiscal terms fixed, with a term covering the mine life. - **High Government Take:** Total government take above the regional norm as a share of pre-tax cash flow. - **Fully Permitted:** Key permits granted with no unresolved challenge. - **Permit Challenge Outstanding:** An appeal or legal challenge is unresolved, which can defer first production indefinitely. - **No Community Agreement:** Permits held but no IBA or benefit agreement — the start date is unsupported. - **Closure Underprovisioned:** Closure provision materially below peers, unfunded, or undisclosed. - **Upstream TSF:** Upstream tailings construction, which is banned in Brazil and Ecuador.