Surge Copper Intersects 320 metres grading 0.46% CuEq from 10 metres depth including 88 metres grading 0.87% CuEq at the Berg Deposit
Surge Copper has announced significant drilling results from its Berg project in British Columbia. Hole BRG24-255 intersected 320 metres grading 0.46% CuEq from 10 metres depth, including 88 metres grading 0.87% CuEq. Hole BRG24-256 intersected 178 metres grading 0.40% CuEq from 10 metres depth. Both holes were targeted to infill the western portion of the deposit to support resource definition and are expected to upgrade zones of Inferred resources. An initial test of the Berg SW target showed promising mineralization several hundred metres outboard of the main deposit.
Surge Copper ha annunciato risultati di perforazione significativi dal suo progetto Berg in Columbia Britannica. Il foro BRG24-255 ha intercettato 320 metri con un grado di 0.46% CuEq a partire da una profondità di 10 metri, incluso 88 metri con un grado di 0.87% CuEq. Il foro BRG24-256 ha intercettato 178 metri con un grado di 0.40% CuEq a partire da una profondità di 10 metri. Entrambi i fori sono stati progettati per riempire la porzione occidentale del deposito per supportare la definizione delle risorse e si prevede che aggiornino le zone delle risorse inferite. Un test iniziale del target Berg SW ha mostrato mineralizzazione promettente a diverse centinaia di metri all'esterno del deposito principale.
Surge Copper ha anunciado resultados de perforación significativos de su proyecto Berg en Columbia Británica. El pozo BRG24-255 intersectó 320 metros con un grado de 0.46% CuEq desde una profundidad de 10 metros, incluyendo 88 metros con un grado de 0.87% CuEq. El pozo BRG24-256 intersectó 178 metros con un grado de 0.40% CuEq desde una profundidad de 10 metros. Ambos pozos fueron diseñados para rellenar la porción occidental del depósito para apoyar la definición de recursos y se espera que mejoren las zonas de recursos inferidos. Una prueba inicial del objetivo Berg SW mostró mineralización prometedora a varios cientos de metros fuera del depósito principal.
Surge Copper는 브리티시컬럼비아의 Berg 프로젝트에서 중요한 드릴링 결과를 발표했습니다. BRG24-255 홀은 깊이 10미터에서 시작하여 0.46% CuEq의 품위로 320미터를 관통했으며, 그 중 88미터는 0.87% CuEq의 품위를 보였습니다. BRG24-256 홀은 깊이 10미터에서 시작하여 0.40% CuEq의 품위로 178미터를 관통했습니다. 두 홀 모두 자원 정의를 지원하기 위해 매장지의 서쪽 부분을 보충하기 위해 목표로 하였으며, 추정 자원의 구역을 업그레이드할 것으로 예상됩니다. Berg SW 목표에 대한 초기 테스트는 주요 매장지에서 몇 백 미터 떨어진 곳에서 유망한 광물화를 보여주었습니다.
Surge Copper a annoncé des résultats de forage significatifs de son projet Berg en Colombie-Britannique. Le trou BRG24-255 a intercepté 320 mètres avec une teneur de 0.46% CuEq à partir d'une profondeur de 10 mètres, incluant 88 mètres avec une teneur de 0.87% CuEq. Le trou BRG24-256 a intercepté 178 mètres avec une teneur de 0.40% CuEq à partir d'une profondeur de 10 mètres. Les deux trous ont été ciblés pour compléter la partie ouest du gisement afin de soutenir la définition des ressources et il est prévu qu'ils modernisent les zones de ressources présumées. Un test initial de la cible Berg SW a montré une minéralisation prometteuse à plusieurs centaines de mètres à l'extérieur du gisement principal.
Surge Copper hat bedeutende Bohrergebnisse aus seinem Projekt Berg in British Columbia angekündigt. Das Bohrloch BRG24-255 traf auf 320 Meter mit einem Gehalt von 0.46% CuEq ab einer Tiefe von 10 Metern, einschließlich 88 Meter mit einem Gehalt von 0.87% CuEq. Das Bohrloch BRG24-256 traf auf 178 Meter mit einem Gehalt von 0.40% CuEq ab einer Tiefe von 10 Metern. Beide Löcher wurden entwickelt, um die westliche Portion des Vorkommens zu ergänzen und die Ressourcendefinition zu unterstützen und es wird erwartet, dass sie Zonen von vermuteten Ressourcen aufwerten. Ein erster Test des Berg SW-Ziels zeigte vielversprechende Mineralisierung mehrere Hundert Meter außerhalb des Hauptvorkommens.
- High-grade intersection of 0.87% CuEq over 88 metres in hole BRG24-255
- Significant mineralization found in both holes from near surface (10 metres depth)
- Results expected to upgrade Inferred resources to higher category
- Initial Berg SW target exploration shows promising mineralization
- Berg SW target showed lower copper grades compared to main deposit
- Magnetic low anomaly in Berg SW target remains unexplained
Vancouver, British Columbia, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce assay results from drill holes BRG24-255 and 256, two of the ten holes completed during the 2024 field program at its
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Highlights
- Hole BRG24-255 intersected 320 metres grading
0.46% CuEq2 (0.29% Cu,0.048% Mo, 4.26 g/t Ag, and 0.024 g/t Au) from 10 metres depth including an interval within the supergene sulfide zone of 88 metres grading0.87% CuEq (0.57% Cu,0.093% Mo, 5.34 g/t Ag, and 0.037 g/t Au) which also included an interval grading1.22% CuEq over 28 metres (0.99% Cu,0.052% Mo, 10.82 g/t Ag, 0.07 g/t Au) (note: copper equivalent “CuEq” is reported net of by-product recoveries, please see Table 1, footnote 2 for details)
- Hole BRG24-256 intersected 178 metres grading
0.40% CuEq (0.30% Cu,0.017% Mo, 7.99 g/t Ag, 0.024 g/t Au) from 10 metres depth including an interval within the supergene sulfide zone of 102 metres grading0.44% CuEq (0.34% Cu,0.019% Mo, 6.45 g/t Ag, and 0.023 g/t Au)
- Both holes are expected to upgrade zones of Inferred resources on the outer and inner margins of the mineralized zone
Leif Nilsson, Chief Executive Officer, commented: “Holes 255 and 256 are another strong batch of resource definition drilling results from the western side of the Berg deposit, with hole 255 infilling an almost 200 metre gap in drilling and hole 256 defining the known limits of the deposit to the far northwest. We are also encouraged by the results from the initial drill test of the Berg SW target, which turned up near surface mineralization several hundred metres outboard of the main deposit. The orientation of this hole was constrained somewhat by surface access, and the results do not adequately explain the geophysical signature which is analogous to the main Berg deposit. Thus, we will use the new data gathered to further evaluate the target for a potential follow-up test next year.”
| Table 1. Summary of Assay Results for Hole BRG24-255 and 256 | ||||||||
| Drill Hole | From (m) | To (m) | Width (m)1 | CuEq (%)2 | Cu (%) | Mo (%) | Ag (g/t) | Au (g/t) |
| BRG24-255 | 10 | 330 | 320 | 0.46 | 0.29 | 0.048 | 4.26 | 0.024 |
| Including | 42 | 130 | 88 | 0.87 | 0.57 | 0.093 | 5.34 | 0.037 |
| Including | 58 | 86 | 28 | 1.22 | 0.99 | 0.052 | 10.82 | 0.070 |
| BRG24-256 | 10 | 188 | 178 | 0.40 | 0.30 | 0.017 | 7.99 | 0.024 |
| Including | 14 | 116 | 102 | 0.44 | 0.34 | 0.019 | 6.45 | 0.023 |
| Table 2. Summary of Assay Results for Hole BRG24-252 (Berg SW Exploration Target) | ||||||||
| BRG24-252 | 10 | 46 | 36 | 0.25 | 0.19 | 0.004 | 5.06 | 0.042 |
| BRG24-252 | 116 | 124 | 8 | 0.15 | 0.11 | 0.003 | 5.33 | 0.021 |
| BRG24-252 | 210 | 236 | 26 | 0.18 | 0.09 | 0.005 | 12.09 | 0.043 |
| BRG24-252 | 370 | 382 | 12 | 0.50 | 0.17 | 0.001 | 46.38 | 0.192 |
| BRG24-252 | 416 | 428 | 12 | 0.21 | 0.10 | 0.001 | 14.43 | 0.063 |
| 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, molybdenum, silver, and gold, with secondary metals calculated net of assumed metallurgical recoveries using deposit average recovery assumptions of | ||||||||
Figure 1. Berg drill hole location map showing 2024 drill holes and the location of cross sections B – B’ and C – C’.
Please click to view image
Description of Resource Definition Holes BRG24-255 and BRG24-256
Hole BRG24-255 was oriented toward the southwest with a -50 degree dip and drilled to a total depth of 426 metres. The hole was designed to upgrade a sizable zone of Inferred resources on the outer margin of the deposit and better define the edge of mineralization in a zone with sparse drilling.
Hole BRG24-255 encountered porphyritic intrusive rocks of the Berg Stock from the start of bedrock at 10 metres to 59 metres depth and then encountered andesite package rocks with minor intrusive dikes from 59 to 127 metres. From 127 metres to the end of the hole at 426 metres depth the hole encountered various porphyritic intrusive rocks and breccias. The hole was variably oxidized to about 42 metres depth and contained a strong secondary chalcocite blanket from 42 to 144 metres depth.
The hole returned 320 metres grading
Figure 2. Cross section B – B’ showing drill holes BRG24-255. See Figure 1 for section location.
Please click to view image
Hole BRG24-256 was oriented toward the west-northwest with a -70 degree dip and drilled to a total depth of 390 metres. The hole was designed to upgrade a sizable zone of Inferred resources on the western outer margin of the deposit. Hole BRG24-256 encountered the andesite package from the start of bedrock at 10 metres to the end of the hole at 390 metres depth. The hole was variably oxidized from 10 to 12 metres depth then encountered variably developed secondary chalcocite blanket from 12 to 106 metres depth.
The hole returned 178 metres grading
Figure 3. Cross section C – C’ showing hole BRG24-256. See Figure 1 for section location.
Please click to view image
Figure 4. Photos from BRG24-255. Top: chalcocite coated fractures from high grade supergene sulfide zones at 63 metres depth. Bottom: strong quartz-chalcopyrite-molybdenite and quartz-molybdenite veins in biotite altered porphyritic intrusive with rounded clasts of intrusive and andesite from 213 to 216 metres depth.
Please click to view image
Description of Hole BRG24-252 – Initial Test of Berg SW Exploration Target
Hole BRG24-252 was an exploration hole designed to test a coincidental geophysical and geochemical anomaly located a few hundred meters southwest of the Berg deposit. Mapping at the prospect in 2024 identified quartz-molybdenite veins within the pyrite hornfels, along with patchy zones of chalcopyrite, and overall decreasing alteration intensity surrounding the target to the, south, west, and east. Base-metal silver veins have been identified in the zone.
The hole was oriented toward the southwest with a -45 degree dip and drilled to a total depth of 450 metres. Multiple intervals of mineralization were encountered in the hole, with copper grades lower than what is typically observed in the main Berg deposit, but with comparable molybdenum, silver, and gold grades.
Very strong alteration containing quartz-molybdenite veinlets occurs within the upper portions of the drill hole potentailly indicating proximity to a “porphyry centre”. The deeper portions of the hole encountered highly magnetic hornfelsed and pyritic sedimentary/volcanic rocks characteristic of a more distal setting and providing a useful exploration vector. The Berg style magnetic low in the target area was not encountered in drilling and remains unexplained. This initial very encouraging drill test of the target provides key information to help the Company determine the next steps to further evaluate this promising exploration area.
The hole returned 36 metres grading
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) Berg project in November 2024?
What were the copper equivalent grades in the Berg SW target drilling by Surge Copper (SRGXF)?
What is the purpose of Surge Copper's (SRGXF) 2024 drilling program at Berg?
