Peloton Minerals Corporation (PMC) has a background of exploring for Carlintype gold deposits in Nevada and, along the way, has assembled an impressive
footprint of mineral leases in the state. The management team quickly
recognised the potential for new lithium clay deposits on its acreage following
Surge Battery Metals' discovery next door. Peloton has been systematically
exploring the true potential of the lithium opportunity at its North Elko Lithium
Project (NELP). Each stage of the process has delivered compelling results. At
the same time, the company has been pegging additional mineral claims to
expand its ground position to match that of Surge.
• Lithium is a critical component for EVs and the price looks to be heading u
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Peloton Minerals- Optimo Research: Initiation of Coverage
- Published:
16 Jan 2026 -
Author:
Dr Michael Green -
Pages:
26 -
Peloton Minerals Corporation (PMC) has a background of exploring for Carlintype gold deposits in Nevada and, along the way, has assembled an impressive
footprint of mineral leases in the state. The management team quickly
recognised the potential for new lithium clay deposits on its acreage following
Surge Battery Metals' discovery next door. Peloton has been systematically
exploring the true potential of the lithium opportunity at its North Elko Lithium
Project (NELP). Each stage of the process has delivered compelling results. At
the same time, the company has been pegging additional mineral claims to
expand its ground position to match that of Surge.
• Lithium is a critical component for EVs and the price looks to be heading u