Surge Copper Stock Price, News & Analysis

Surge Copper Corp. has obtained a new exploration permit for the Berg Property, allowing for extensive drilling and exploration activities across multiple targets. Three drill rigs are mobilized to initiate systematic testing, following successful reconnaissance efforts that included over 4,000 soil samples and twelve induced polarization geophysical lines. The company is executing a fully-funded $6.5 million exploration program aimed at advancing the Ootsa and Berg properties. Anticipated developments include results from ongoing metallurgical and exploration tests through the end of 2022.

Surge Copper Corp. has released an updated mineral resource estimate for its Ootsa Property, indicating a significant increase in measured and indicated (M+I) resources. The updated estimate records a combined total of 439 million tonnes at 0.32% copper equivalent, representing a 96% increase from the 2016 estimate. This adds to the existing 610 million tonnes at the Berg deposit, putting Surge's total M+I resources at over 1 billion tonnes. Total contained metals include 5.3 billion pounds of copper, 586 million pounds of molybdenum, 1.6 million ounces of gold, and 89 million ounces of silver.

Surge Copper Corp. (OTCQX: SRGXF) has launched its 2022 exploration field program in the Ootsa-Berg district, emphasizing testing multiple high-priority targets. The program includes six principal targets for reconnaissance and drilling, alongside ten additional opciones. With a fully funded budget of C$6.5 million, the initiative encompasses up to 22,000 metres of diamond drilling and extensive geophysical surveys. Surge's exploration efforts aim to uncover new mineralization, leveraging historical datasets and advanced ZTEM technology, with a current cash position of approximately C$8 million.

Surge Copper Corp. (OTCQX: SRGXF) has announced the final assay results from its 2021 drill program at the Berg Deposit in British Columbia. Hole BRG21-241 intersected 146 metres grading 0.52% copper equivalent, while BRG21-242 showed 368 metres grading 0.58% copper equivalent, including a higher-grade section of 110 metres at 0.64% copper equivalent. These results extend known high-grade mineralization further south than previously modeled. The company plans to integrate these findings into its geological model for future exploration.

Surge Copper Corp. (TSX-V: SURG, OTCQX: SRGXF) has released complete assay results from four drill holes at the Berg Deposit in British Columbia. Highlights include Hole BRG21-237, which intersected 132 metres at 0.83% copper equivalent, and Hole BRG21-238 with 144 metres at 0.60% copper equivalent. The drilling indicates a mineralized zone on the northeast side of the deposit, measuring 400 metres wide and up to 400 metres thick. Surge Copper is currently earning a 70% interest in the Berg Property from Centerra Gold, with further assay results pending for two additional holes.

Surge Copper Corp. (OTCQX: SRGXF) reported significant assay results from drilling at the Berg Deposit in British Columbia. Notable intersections include:

• BRG21-234: 325.1 metres at 0.42% copper equivalent starting from 15 metres
• BRG21-235: 162 metres at 0.69% copper equivalent starting from 20 metres
• BRG21-236: 357 metres at 0.59% copper equivalent starting from 24 metres

The drill program targets expanding high-grade mineralization, with further results from 6 holes expected soon. Surge aims to earn a 70% interest in the Berg Property from Centerra Gold.

Surge Copper Corp. released assay results from its 2021 drilling program at the Seel Breccia Zone, located in British Columbia. The final batch includes 13 holes, with notable findings such as hole S21-314 intersecting 80 metres at 1.16% copper equivalent and hole S21-313 showing 48 metres at 1.55% copper equivalent. A total of 12 out of 13 drill holes hit mineralization, with high grades reinforcing potential for a high-grade starter pit. The company is also undertaking metallurgical testwork on the West Seel deposit.

Surge Copper Corp. (OTCQX: SRGXF) has announced positive assay results from its Seel Breccia Zone drilling at the Ootsa Property in British Columbia. Highlights include:

• Hole S21-299: 48 metres grading 0.54% copper equivalent
• Hole S21-300: 28 metres grading 0.90% copper equivalent
• Strike length expansion to 300 metres

Thirteen additional holes are pending assays. The Ootsa project is part of a larger strategic positioning in the Ootsa-Huckleberry-Berg district, with significant copper and silver resources identified.