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Surge Copper Corp. (TSXV: SURG, OTCQX: SRGXF) announced the acquisition of a 100% interest in the Sylvia mineral claims in British Columbia's Huckleberry district. The claims, totaling 572 hectares, host a potential porphyry target with historical drilling showing significant copper and molybdenum grades. Surge will issue 390,000 common shares and grant a 2% net smelter return royalty with a buyback option for C$1 million. The appointment of Christian Kargl-Simard as Non-Executive Chairman was also announced, aiming to advance the company's exploration and development strategy.
Surge Copper Corp. announced the commencement of drilling at the Berg deposit in British Columbia, part of a 70%-owned project from Centerra Gold. The program will involve approximately 4,500 meters across 15 holes, with a budget of C$1.3 million, focusing on enhancing mineralization understanding and updating historical data. The drill will initially operate in the southwestern area before moving to other locations. The project aims to refine drill hole density and assess high-grade potential, as evidenced by previous successful drill results. Ongoing work at the Ootsa Property is also highlighted.
Surge Copper Corp. (TSX-V: SURG; OTCQX: SRGXF) announced updates on its summer field programs at the Ootsa and Berg projects in British Columbia. In July, the company completed the first phase of trail rehabilitation for access to the Berg deposit, enhancing exploration efficiency. Geotech Ltd. conducted a successful airborne geophysical survey over 4,000 line-kilometers with no delays. Additionally, approximately 13,000 metres of drilling have been completed at the Ootsa Property, with significant resource drilling nearing completion. A resource update is expected later this year.
Surge Copper Corp. (TSXV: SURG, OTCQX: SRGXF) has appointed Leif Nilsson to its Board of Directors as part of a board renewal initiative. President Dr. Shane Ebert expressed confidence in Nilsson's strategic leadership and expertise in the mining industry. Furthermore, the board approved the grant of 2,725,000 options to employees and executives at an exercise price of $0.42, expiring in five years. Surge owns 100% of the Ootsa Property, which includes NI 43-101 compliant resources, and is earning a 70% interest in the nearby Berg Property.
Surge Copper Corp. announces positive assay results from the Ootsa Property in British Columbia, revealing significant copper equivalent grades. Highlights include:
- Hole S21-243: 432m grading 0.61% CuEq.
- Hole S21-242: 259m grading 0.60% CuEq.
- Resumed drilling at West Seel with a minimum 5,000m summer program targeting near-resource exploration.
- Completion of a 20,028m winter drill program.
Ongoing geological surveys support upcoming resource expansion efforts.
Surge Copper Corp. announced positive assay results from their Ootsa Property in British Columbia. Key highlights include:
- Hole S21-240 intersected 830 metres at 0.38% copper equivalent, including 170 metres at 0.47%.
- Holes S21-231 and S21-234 showed high-grade mineralization of 0.70% and 0.62%, respectively.
- Drilling confirms potential deposit expansion, particularly to the southeast.
- 20,028 metres drilled in the 2020-2021 program, with results from 8 holes pending.
Dr. Shane Ebert emphasized significant growth from these findings.
Surge Copper Corp. has appointed Paul Chawrun and Steve Blower to its technical advisory committee to enhance the exploration and development of the Ootsa and Berg projects. CEO Leif Nilsson highlighted Chawrun's extensive experience in executing engineering programs for major projects, particularly his role in the acquisition of the Massawa project. Blower brings over 25 years of geological expertise, including significant discoveries in uranium deposits. The Ootsa Property and Berg Property hold compliant resources of copper, gold, molybdenum, and silver, advancing Surge's position in the mineral exploration sector.
Surge Copper Corp. has announced the acquisition of a 100% interest in specific mineral claims within the eastern Berg Property and southern Ootsa Property. This acquisition consolidates Surge's control over the Bergette prospect area, a significant exploration target. Historical drilling has shown promising copper mineralization, with notable results including 0.29% Cu over 70 meters. The company plans a surface exploration program scheduled for July 2021 to further investigate this area. Surge will issue 850,000 common shares to the vendors, subject to TSX Venture Exchange approval.
Surge Copper Corp. announced promising assay results from its Ootsa Property in British Columbia. Notably, drill hole S21-228 intersected 585 meters with a grade of 0.57% copper equivalent, showcasing significant mineralization potential. This hole expands the West Seel Deposit by 175 meters to the southeast and remains open for further exploration. The winter drilling program totaled 20,028 meters across 27 holes, with more results pending from additional holes. The company plans to resume drilling in late May to early June.
Surge Copper Corp. has announced promising assay results from its 100% owned Ootsa Property in British Columbia, highlighting significant mineralization in drill holes S20-220 and S20-224. S20-220 intercepted 484m of 0.42% CuEq, including 70m of 0.63% CuEq near the surface. S20-224 recorded 400m of 0.37% CuEq. The ongoing 15,000-metre drill program aims to enhance the high-grade characteristics of the West Seel deposit. A total of 20 holes are completed, with 15 assay results pending. Quality control measures include rigorous sample handling and analysis.
