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Surge Copper Corp. advances the Berg Project, a 100%-owned copper-molybdenum-precious metals project in central British Columbia. The company describes Berg within a broader critical metals district and mineral claim package that hosts advanced porphyry deposits with NI 43-101 compliant resources of copper, molybdenum, gold, and silver.
Company updates focus on drilling and field programs, resource validation, pre-feasibility study work, exploration permitting, environmental assessment readiness, and engagement with Indigenous and community stakeholders. Recurring developments also include critical minerals policy in British Columbia and Canada, the Berg Project's acceptance into the provincial Critical Minerals Office, and equity financing activity supporting project advancement.
Surge Copper (OTCQB: SRGXF) announced the Berg Project has been accepted into British Columbia’s Critical Minerals Office (CMO) on Feb 20, 2026. Inclusion places Berg within provincial and federal critical minerals priorities and gives coordinated provincial support to advance the project through the regulatory process.
The company notes Berg could become one of Canada’s largest undeveloped copper-molybdenum producers if developed as envisioned, and emphasizes ongoing engagement with provincial agencies and First Nations.
Surge Copper (OTCQB: SRGXF) announced the appointment of Jennifer Anthony as Vice President, Environment & Regulatory Affairs effective January 12, 2026. Ms. Anthony will lead environmental assessment, permitting strategy, regulatory compliance, environmental baseline programs, and community and Indigenous engagement as Surge advances the Berg Project toward project readiness and future development.
Ms. Anthony has over 20 years of senior public‑sector experience in British Columbia, most recently as Assistant Deputy Minister, Permitting Transformation. The company also granted 2,169,041 RSUs to employees/executives and 1,501,642 DSUs to non‑executive directors with standard vesting terms.
Surge Copper (OTCQB: SRGXF) reported results from its 2025 Berg Project program designed to support a planned Pre-Feasibility Study (PFS) in H1 2026. The program delivered 4,143 m of diamond drilling including 4 resource conversion holes (1,926 m), 4 ARD holes (1,522.6 m), 11 geotechnical holes (618.4 m) and 3 anchor holes (76 m). Seventeen historic holes (1964–1973) were re-assayed, increasing the database to 26,797 assay intervals with 82.6% now including gold and silver. Key intercepts include BRG25-259: 235 m @ 0.31% CuEq and ARD25-001: 26 m @ 0.40% CuEq. Results support resource-category conversion, ARD delineation, and geotechnical data for mine design.
Surge Copper (OTCQB: SRGXF) is advancing a Pre-Feasibility Study (PFS) for its 100%‑owned Berg Project in west‑central British Columbia with completion targeted in the middle of the first half of 2026. The PFS will integrate expanded drilling, metallurgical, geotechnical and environmental datasets to update the mineral resource, mine plan, process flowsheet, and capital and operating cost estimates.
Ausenco and MMTS are engaged as lead consultants; recent work increased drilling to 64,574 m in 237 holes from ~54,384 m in 210 holes and metallurgical testing showed improved recovery expectations versus the 2023 PEA.
Surge Copper (OTCQB: SRGXF) welcomes Budget 2025 measures and provincial infrastructure moves that could strengthen Canada’s critical minerals investment climate for projects like its 100%-owned Berg copper-molybdenum project.
Key policy items include expansion of the 30% refundable Clean Technology Manufacturing Investment Tax Credit, broadened eligibility of the Critical Minerals Exploration Tax Credit to include molybdenum, creation of new federal investment vehicles (Critical Minerals Sovereign Fund and First and Last Mile Fund), and coordinated federal project financing. British Columbia’s North Coast Transmission Line advances with construction expected in 2026 and phased in-service around 2030.
Surge Copper (OTCQB: SRGXF) has successfully closed its strategic private placement with African Rainbow Minerals Limited (ARM). The placement involved ARM purchasing 25,781,715 common shares at $0.175 per share, generating gross proceeds of approximately C$4.5 million. This transaction has increased ARM's ownership in Surge to 19.9%.
The strategic placement is part of a larger financing initiative that has raised a total of C$10.4 million. The funds will be utilized to complete the pre-feasibility study for the Berg Project, support exploration activities, and provide working capital. The issued shares are subject to a four-month and one-day hold period.
[ "Raised C$4.5 million through strategic placement at C$0.175 per share", "Total financing raised reaches C$10.4 million", "Strategic investor ARM increases ownership to 19.9%, showing confidence in company", "Funds secured for Berg Project pre-feasibility study completion" ]Surge Copper (OTCQB: SRGXF) has provided updates on its operations at the Berg copper-molybdenum-precious metals project in British Columbia. The company has completed approximately 1,500 metres of resource drilling and initiated geotechnical studies. A notable achievement includes the first-ever uphill-angle drilling at Berg, with a successful 456-metre hole completed at a 14-degree positive dip.
The company will participate in several investor events including the Precious Metals Summit, Metals Investor Forum, and Resourcing Tomorrow. Additionally, Surge is finalizing a strategic private placement expected to raise $4.5 million, which will increase a strategic investor's ownership to 19.9% of outstanding shares, pending regulatory approvals.
Surge Copper (OTCQB: SRGXF) has launched its 2025 field program at the 100%-owned Berg copper-molybdenum-precious metals project in central British Columbia. The program, running from mid-July through late September, represents the final field campaign before completing a resource update and pre-feasibility study.
The campaign includes 5,000 metres of drilling using two drill rigs, focusing on technical objectives such as geochemical characterization, resource delineation, and geotechnical investigations. The company has also secured an amended and extended exploration permit valid through March 31, 2030, authorizing 103 drill holes, 22 helipads, and 40 mechanical test pits.