Surge Copper Expands Copper-Gold Mineralization at Ootsa Intersecting 108 Metres Grading 0.35% Copper Equivalent
Surge Copper Corp. (SRGXF) has announced significant drilling results from its Ootsa Project, highlighting the expansion of copper-gold mineralization. The key findings include:
Hole S24-337 intersected 108 metres grading 0.35% CuEq (0.25% Cu, 0.16 g/t Au, 2.7 g/t Ag) from 24 metres depth, within a longer interval of 280 metres grading 0.27% CuEq. The deeper portion revealed multiple intervals of breccia-style mineralization with higher grades, including 10 metres grading 0.55% CuEq.
The drilling program, consisting of 2 holes totaling 897 metres, was conducted at the Cu-Au Target located 300 metres northeast of the East Seel deposit. While hole S24-336 did not extend the zone northward, hole S24-337 successfully expanded the zone to depth, with the exploration target remaining open to the east and west.
Surge Copper Corp. (SRGXF) ha annunciato risultati significativi dei sondaggi dal suo Ootsa Project, evidenziando l'espansione della mineralizzazione di rame-oro. I risultati principali includono:
Il foro S24-337 ha intersecato 108 metri con un grado di 0,35% CuEq (0,25% Cu, 0,16 g/t Au, 2,7 g/t Ag) a una profondità di 24 metri, all'interno di un intervallo più lungo di 280 metri con un grado di 0,27% CuEq. La parte più profonda ha rivelato più intervalli di mineralizzazione in stile breccia con gradi superiori, inclusi 10 metri con un grado di 0,55% CuEq.
Il programma di sondaggi, composto da 2 fori per un totale di 897 metri, è stato condotto nel Target Cu-Au situato a 300 metri a nord-est del deposito East Seel. Sebbene il foro S24-336 non abbia esteso la zona verso nord, il foro S24-337 ha espanso con successo la zona in profondità, con l'obiettivo di esplorazione che rimane aperto a est e a ovest.
Surge Copper Corp. (SRGXF) ha anunciado resultados de perforación significativos de su Ootsa Project, destacando la expansión de la mineralización de cobre-oro. Los hallazgos clave incluyen:
El pozo S24-337 intersectó 108 metros con un grado de 0,35% CuEq (0,25% Cu, 0,16 g/t Au, 2,7 g/t Ag) desde una profundidad de 24 metros, dentro de un intervalo más largo de 280 metros con un grado de 0,27% CuEq. La porción más profunda reveló múltiples intervalos de mineralización de estilo breccia con grados más altos, incluyendo 10 metros con un grado de 0,55% CuEq.
El programa de perforación, que consiste en 2 pozos con un total de 897 metros, se llevó a cabo en el objetivo Cu-Au ubicado a 300 metros al noreste del depósito East Seel. Si bien el pozo S24-336 no extendió la zona hacia el norte, el pozo S24-337 logró expandir exitosamente la zona en profundidad, con el objetivo de exploración permaneciendo abierto al este y al oeste.
Surge Copper Corp. (SRGXF)는 Ootsa Project에서 중요한 시추 결과를 발표하며 구리-금 광물화의 확장을 강조했습니다. 주요 결과는 다음과 같습니다:
시추 구멍 S24-337은 24미터 깊이에서 0.35% CuEq의 108미터 (0.25% Cu, 0.16 g/t Au, 2.7 g/t Ag)를 교차했습니다. 더 긴 구간인 280미터에서 0.27% CuEq의 품위를 보였습니다. 깊은 부분은 더 높은 품위의 브레치아 스타일 광물화의 여러 구간을 드러내었으며, 10미터에서 0.55% CuEq의 품위를 포함하고 있습니다.
시추 프로그램은 2개의 구멍으로 총 897미터 진행되었으며, East Seel 매장지의 북동쪽 300미터에 위치한 Cu-Au 목표에서 수행되었습니다. S24-336 구멍은 북쪽으로 구역을 확장하지 못했지만, S24-337 구멍은 깊이로 구역을 성공적으로 확장했으며, 탐사 목표는 동쪽과 서쪽으로 열려 있습니다.
Surge Copper Corp. (SRGXF) a annoncé des résultats de forage significatifs de son projet Ootsa, soulignant l'expansion de la minéralisation cuivre-or. Les résultats clés incluent :
Le trou S24-337 a intersecté 108 mètres avec un grade de 0,35% CuEq (0,25% Cu, 0,16 g/t Au, 2,7 g/t Ag) à une profondeur de 24 mètres, dans un intervalle plus long de 280 mètres avec un grade de 0,27% CuEq. La partie plus profonde a révélé plusieurs intervalles de minéralisation de style brèche avec des grades plus élevés, y compris 10 mètres avec un grade de 0,55% CuEq.
Le programme de forage, composé de 2 trous totalisant 897 mètres, a été réalisé sur la cible Cu-Au située à 300 mètres au nord-est du gisement East Seel. Bien que le trou S24-336 n'ait pas étendu la zone vers le nord, le trou S24-337 a réussi à élargir la zone en profondeur, l'objectif d'exploration restant ouvert à l'est et à l'ouest.
Surge Copper Corp. (SRGXF) hat bedeutende Bohrungsergebnisse aus seinem Ootsa-Projekt bekannt gegeben, die die Ausdehnung der Kupfer-Gold-Mineralisierung hervorheben. Die wichtigsten Ergebnisse sind:
Bohrloch S24-337 schnitt 108 Meter mit einem Gehalt von 0,35% CuEq (0,25% Cu, 0,16 g/t Au, 2,7 g/t Ag) in einer Tiefe von 24 Metern, innerhalb eines längeren Intervalls von 280 Metern mit einem Gehalt von 0,27% CuEq. Der tiefere Abschnitt offenbarte mehrere Intervalle mit Brekzie-Mineralisierung und höheren Gehalten, darunter 10 Meter mit einem Gehalt von 0,55% CuEq.
Das Bohrprogramm, das aus 2 Löchern mit einer Gesamtlänge von 897 Metern bestand, wurde am Cu-Au-Ziel durchgeführt, das 300 Meter nordöstlich der East Seel-Lagerstätte liegt. Während Bohrloch S24-336 die Zone nach Norden nicht ausdehnte, gelang es Bohrloch S24-337, die Zone in der Tiefe erfolgreich zu erweitern, wobei das Erkundungsziel offen nach Osten und Westen bleibt.
- Significant mineralization discovered: 108m at 0.35% CuEq from 24m depth
- Higher-grade intervals found in deeper portions: 10m at 0.55% CuEq
- Potential for meaningful resource expansion in the Ootsa Project area
- Zone remains open for expansion to east and west
- Hole S24-336 failed to extend mineralization to the north
- Large modeled magnetic anomaly at depth remains unexplained
Vancouver, British Columbia, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce assay results from drill holes S24-336 and 337, two exploration holes completed at the Company’s Ootsa Project at the end of the 2024 field season. The Company completed 2 holes for 897 metres of drilling at the Cu-Au Target located 300 metres northeast of the East Seel deposit and immediately north of the Seel Breccia East deposit which was partially delineated by the Company in 2022 (see February 7, 2023 news release). The 2024 drilling at the Cu-Au Target was designed to directly follow up on the discovery of copper-gold mineralization associated with quartz-magnetite-chalcopyrite veining identified in hole S22-330 which returned 100 metres grading
Highlights
- Hole S24-337 intersected 108 metres grading
0.35% CuEq2 (0.25% Cu, 0.16 g/t Au, 2.7 g/t Ag, and0.003% Mo) from 24 metres depth within a longer interval of 280 metres grading0.27% CuEq (0.20% Cu, 0.10 g/t Au, 3.5 g/t Ag, and0.002% Mo) also from 24 metres depth (note: copper equivalent “CuEq” is reported net of by-product recoveries, please see Table 1, footnote 2 for details)
- The deeper portion of hole S24-337 encountered multiple intervals of breccia-style mineralization with higher grades of copper and silver, including 10 metres grading
0.55% CuEq (0.43% Cu, 13.94 g/t Ag, and 0.08 g/t Au) from 228 metres depth, and 10 metres grading0.47% CuEq (0.39% Cu, 9.7 g/t Ag, and 0.05 g/t Au) from 264 metres depth
- These results combined with successful 2022 drilling done after the last resource estimate, show potential to significantly expand resources in this area
Leif Nilsson, Chief Executive Officer, commented: “We are pleased to have completed these drill holes at the Ootsa Project in 2024. While our primary focus remains on the Berg Project, following up on the 2022 discovery of copper-gold porphyry-style mineralization northeast of the East Seel zone at Ootsa presents a compelling exploration opportunity. This type of mineralization is particularly attractive for the Ootsa Project as it typically features higher-than-average grades, near-surface occurrence, and straightforward metallurgical characteristics. Successfully expanding the resource with this style of material could significantly enhance the potential of the Ootsa Project. While hole S24-336 did not extend the zone to the north in the tested area, hole S24-337 significantly expanded the zone to depth, and the exploration target remains open to the east and west. Additionally, the unexplained magnetic anomaly highlights further potential for step-outs to the north. Drilling at this copper-gold zone, alongside work in 2022 at the adjacent Seel Breccia East Zone, has occurred after the most recent resource cutoff, underscoring the opportunity for meaningful resource growth in this area of the Ootsa Project.”
| Table 1. Summary of Assay Results for Holes S24-336 and 337 | ||||||||
| Drill Hole | From (m) | To (m) | Width (m)1 | Cu % | Au g/t | Ag g/t | Mo % | Cu Eq. %2 |
| S24-336 | 22 | 38 | 16 | 0.00 | 0.30 | 5.2 | 0.000 | 0.17 |
| S24-337 | 24 | 280 | 256 | 0.20 | 0.10 | 3.5 | 0.002 | 0.27 |
| including | 24 | 132 | 108 | 0.25 | 0.16 | 2.7 | 0.003 | 0.35 |
| S24-337 | 228 | 238 | 10 | 0.39 | 0.05 | 9.7 | 0.000 | 0.47 |
| S24-337 | 264 | 274 | 10 | 0.43 | 0.08 | 13.94 | 0.00 | 0.55 |
| 1. Width refers to drill hole intercepts; true widths have not been determined. 2. CuEq (copper equivalent) is provided for illustrative purposes only to express the combined abundance of copper, gold, silver, and molybdenum, with secondary metals calculated net of assumed metallurgical recoveries using deposit average recovery assumptions of | ||||||||
Figure 1. Ootsa Project Cu-Au Target drill hole location map showing 2024 drill holes and the location of cross section A – A’.
Please click to view image
Description of Exploration Holes S24-336 and S24-237
Hole S24-336 was oriented toward the north with a -80 degree dip and drilled to a total depth of 429 metres and was designed to constrain the northern margin of known copper-gold mineralization and test a magnetic-chargeability-resistivity geophysical anomaly. The hole encountered altered mainly coarse quartz porphyry intrusion from the start of bedrock at 9 metres depth, to the end of the hole at 429 metres depth. A zone of gold mineralization associated with quartz-pyrite veining returned 16 metres grading 0.30 g/t gold and 5.2 g/t silver from 22 metres depth. No other significant zones of mineralization were encountered in the hole and the large modeled magnetic anomaly at depth remains unexplained.
Hole S24-337 was a vertical hole drilled to 468 metres depth and was designed to assess the depth extent of the known copper-gold porphyry mineralization encountered in hole S22-330. The hole encountered 24 meters of overburden before hitting a mineralized semi-crowded feldspar-biotite-quartz porphyry with quartz-magnetite-chalcopyrite-pyrite veinlets along with remnant patches of potassium-feldspar and biotite alteration locally overprinted by chlorite and locally by clay alteration. Below 112 metres depth the hole contains increasing “Seel-Breccia” style mineralization characterized by quartz-carbonate veins and breccia matrix with variable proportions of chalcopyrite, pyrite, black sphalerite, and rare galena. The deeper parts of the hole encountered a mix of hornfelsed sedimentary rocks, mineralized feldspar-biotite-quartz porphyry, and unmineralized late quartz porphyry.
The hole returned 256 metres grading
Hole S24-337 has significantly expanded known mineralization to depth, and these results combined with successful 2022 drilling done after the last resource estimate, show potential to significantly expand resources in this area.
Figure 2. Cross section A – A’ showing drill holes S24-336 and 337. See Figure 1 for section location.
Please click to view image
Figure 3. Photos from the upper part of S24-337 showing quartz-magnetite-chalcopyrite mineralization with chlorite and remnant biotite alteration. Drill core is 6.4 centimeters wide.
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Figure 4. Photos from the deeper part of S24-337 showing late Breccia Style mineralization composed of carbonate-quartz-chalcopyrite-pyrite-sphalerite mineralization. Drill core is 6.4 centimeters wide.
Please click to view image
Results from six additional core holes drilled during the 2024 program at the Berg Project, which were used for downhole geotechnical analysis, will be reported once laboratory analysis and reporting are complete.
Quality Control
All drill core is logged, photographed, and cut in half with a diamond saw. Half of the core is bagged and sent to ALS Geochemistry in Kamloops, British Columbia for analysis (which is ISO/IEC 17025 accredited), while the other half is archived and stored on site for verification and reference purposes. Gold is assayed using a 30g fire assay method and 33 additional elements are analyzed by Induced Coupled Plasma (ICP) utilizing a 4-acid digestion. Duplicate samples, blanks, and certified standards are included with every sample batch and then checked to ensure proper quality assurance and quality control.
Qualified Person
Dr. Shane Ebert P.Geo., is the Qualified Person for the Berg Project and the Ootsa Property as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 41-101") and has approved the technical and scientific disclosure contained in this news release.
About Surge Copper Corp.
Surge Copper Corp. is a Canadian company that is advancing an emerging critical metals district in a well-developed region of British Columbia, Canada. The Company owns a large, contiguous mineral claim package that hosts multiple advanced porphyry deposits with pit-constrained NI 43-101 compliant resources of copper, molybdenum, gold, and silver – metals which are critical inputs to modern energy infrastructure and electrification technologies.
The Company owns a
The Company also owns a
On Behalf of the Board of Directors
“Leif Nilsson”
Chief Executive Officer
For further information, please contact:
Riley Trimble, Corporate Communications & Development
Telephone: +1 604 639 3852
Email: info@surgecopper.com
Twitter: @SurgeCopper
LinkedIn: Surge Copper Corp
https://www.surgecopper.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release contains forward-looking statements, which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "will", "may", "should", "expects", "plans", or "anticipates" or the negative of these terms or other comparable terminology. All statements included herein, other than statements of historical fact, are forward-looking statements, including but not limited to: the commencement of drilling at the Berg Project and the timing thereof; the surface exploration work at the Berg Project and the timing thereof; the size and focus of the exploration drill program at the Berg deposit; the potential for program expansion based on initial results of the exploration drill program; the objectives of the drill hole design; the use of proceeds from the Top-Up Offering; and the Company’s plans regarding the Berg Project and the Ootsa Property. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors that may cause the Company’s actual results, level of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. Such uncertainties and risks may include, among others, actual results of the Company's exploration activities being different than those expected by management, delays in obtaining or failure to obtain required government or other regulatory approvals, the ability to obtain adequate financing to conduct its planned exploration programs, inability to procure labour, equipment, and supplies in sufficient quantities and on a timely basis, equipment breakdown, impacts of the current coronavirus pandemic, and bad weather. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect the Company's current judgment regarding the direction of its business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions, or other future performance suggestions herein. Except as required by applicable law, the Company does not intend to update any forward-looking statements to conform these statements to actual results.
FAQ
What were the key drilling results from Surge Copper's (SRGXF) 2024 Ootsa Project?
What is the location of the new Cu-Au Target discovery at SRGXF's Ootsa Project?
What are the highest-grade intervals discovered in SRGXF's 2024 drilling program?
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