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Surge Copper Corp. - SRGXF STOCK NEWS

Welcome to our dedicated news page for Surge Copper (Ticker: SRGXF), a resource for investors and traders seeking the latest updates and insights on Surge Copper.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Surge Copper's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Surge Copper's position in the market.

News
Surge Copper Announces C$3.8 Million Strategic Investment by African Rainbow Minerals Limited
Rhea-AI Summary
Surge Copper Corp. secures a strategic placement financing deal with African Rainbow Minerals , resulting in a 15% ownership stake. The agreement involves ARM subscribing for over 39 million common shares at C$0.095 per share, generating around C$3.76 million in gross proceeds. The partnership aims to leverage ARM's expertise in large-scale mine development to advance Surge's Berg project and exploration targets in a critical minerals district.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.87%
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News
Surge Copper Announces 2023 Surface Exploration Results Identifies New Porphyry Exploration Target Adjacent to Berg
Rhea-AI Summary
Surge Copper Corp. announces positive exploration results from 2023 surface work on the Berg Property in British Columbia. The company highlights the identification of two priority exploration targets with porphyry copper potential, including the SW Berg Target and the NE Sibola Target. The SW Berg Target contains a large geophysical and geochemical expression and has become the highest priority new exploration target on the property. The NE Sibola Target has been expanded and remains open to the north, making it a strong candidate for ground geophysics and potential drill testing. Surge's CEO, Leif Nilsson, expressed excitement about the new discoveries and the development of an impressive exploration pipeline within the district.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.91%
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Surge Copper Intersects 418 metres grading 0.38% CuEq including 40 metres grading 0.47% CuEq at the Berg Deposit
Rhea-AI Summary
Surge Copper Corp. announces assay results from drill hole BRG23-245, the final hole of the 2023 drilling program, revealing positive results of copper, molybdenum, silver, and gold mineralization. The hole demonstrated excellent continuity of mineralization to depth and encountered the highest grade silver vein in Berg drilling to date. The results will provide fresh material for planned metallurgical test work and help improve a future resource estimate.
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End-of-Day
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Surge Copper Acquires 100% Interest in Berg
Rhea-AI Summary
Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) has entered into a definitive purchase agreement with Thompson Creek Metals Company Inc. to acquire a 100% interest in the Berg Property for 21,221,165 common shares, making TCM own approximately 15% of Surge’s outstanding common shares. The Purchase Agreement replaces an earlier Option Agreement, providing Surge with a simplified ownership structure and more flexibility in future financing choices. Surge now holds a 100% ownership interest in a contiguous 125,499-hectare land package hosting the Berg Project and the Ootsa Project, with an extensive pipeline of exploration targets for base metal and precious metal deposits.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.84%
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News
Surge Copper Intersects 756 metres grading 0.36% CuEq including 90 metres grading 0.46% CuEq at the Berg Deposit
Rhea-AI Summary
Surge Copper Corp. announces assay results from drill hole BRG23-243, intersecting 756m of mineralization grading 0.36% copper equivalent. Hole demonstrates deposit remains open for expansion to southeast. Positive implications for future mine optimization and strip ratio. Hole BRG23-243 is second longest mineralized intercept from Berg Deposit to date. 2023 drill program completed 3 holes longer than 600m, increasing understanding of Berg mineralization at depth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.29%
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News
Surge Copper Commences 2023 Exploration Program
Rhea-AI Summary
Surge Copper Corp. has commenced its 2023 field exploration program, including diamond drilling at the Berg deposit and surface exploration at multiple target areas. The program is fully funded and expected to consist of approximately 3,500 meters across 6 to 8 holes. Surface exploration activities have expanded the Sibola East copper-in-soil anomaly. Drilling at Berg will focus on expanding higher-grade zones and gathering important information for technical studies. The company is also advancing promising early-stage exploration targets.
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Surge Copper Announces Maiden Berg PEA: C$2.1 billion NPV8% and 20% IRR
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.23%
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Surge Copper Provides Berg Area Reconnaissance Exploration Results, a Round-Up of the 2022 Exploration Program and Announces 2023 Initial Exploration Plans
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Surge Copper Intersects 154 metres grading 0.31% CuEq including 16 metres @ 0.70% CuEq at the Bergette Target
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.95%
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Surge Copper Confirms Large New Zinc-Silver-Gold-Lead Discovery at Ootsa Intersecting 138 metres of greater than 1% Zinc + Lead Mineralization with 8.1 g/t Silver
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.05%
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Surge Copper Corp.

OTC:SRGXF

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SRGXF Stock Data

22.27M
197.20M
24.1%
5.7%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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