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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.
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Surge Copper Corp. (OTCQX: SRGXF) announced final exploration results from its 2022 Ootsa-Berg reconnaissance program, showcasing significant discoveries. Key highlights include:
- High-grade silver intersection at Sibola target—312 g/t over 3 metres.
- New copper and molybdenum anomalies at Bergette and other areas.
- Bulk tonnage precious metal targets identified averaging 2.17 g/t gold and 33.8 g/t silver.
The 2023 exploration plans involve further drilling at the Berg and Sylvia targets, focusing on infill work and new high-grade discoveries. The company completed 38 drill holes in 2022 across various targets, making three new discoveries and enhancing the exploration knowledge base in this emerging critical mineral district of British Columbia.
Surge Copper Corp. (SRGXF) has announced complete assay results for four drill holes from the Bergette target on its Berg Property in British Columbia. Notable findings include Hole BGT22-01, which yielded 143 metres grading 0.29% copper equivalent, and Hole BGT22-02, with 176 metres at 0.29% copper equivalent, marking it as the longest mineralized intercept to date. The results are consistent with historical data and demonstrate the potential of the Bergette system. Additionally, six more drill hole results from the Sibola and Sylvia targets are pending. The 2022 exploration season involved a total of 15,300 metres of drilling across multiple targets.
Surge Copper Corp. (OTCQX: SRGXF) has announced assay results from 17 drill holes at its Ootsa Property in British Columbia. This includes 15 holes from the Seel Breccia East zone, revealing significant mineralization. Key highlights include hole S22-319, which intersected 138 meters grading 0.94% zinc and 8.1 g/t silver. The Seel Breccia East zone has been traced over 300 meters along strike and remains open for expansion. The company has drilled 21 holes in this exploration campaign, with further assay results pending from the nearby Berg Property, indicating continued exploration activity and promising mineral potential.
Surge Copper Corp. has released assay results from three drill holes at its 100% owned Ootsa Property in British Columbia, confirming significant copper-gold porphyry-style mineralization. Notably, hole S22-330 encountered 100 metres grading 0.42% copper equivalent, indicating potential for expansion. Geophysical data suggests a promising 200 by 400 metre zone north of this hole. Results from 27 additional drill holes are still pending. CEO Leif Nilsson highlighted the importance of these findings for future mining scenarios.
Surge Copper Corp. (TSXV: SURG, OTCQX: SRGXF) has reported complete assay results from its 2022 regional exploration program at the Ootsa Property in British Columbia. Notable discoveries include hole BJ22-01 revealing a wide silver-gold-zinc-lead mineralization zone with 66 metres grading 71.3 g/t silver. High-grade intercepts include 1430 g/t silver over 2 metres. The Blackjack Target shows potential for further exploration and discovery, with results from 30 additional drill holes pending. Additionally, 5,765,000 stock options were cancelled, leaving 5,500,000 options outstanding.
Surge Copper Corp. has initiated a Preliminary Economic Assessment (PEA) for the Berg Project in British Columbia, engaging Ausenco Engineering Canada Inc. for its completion. The PEA will utilize an updated mineral resource estimate by Tetra Tech Canada Inc., expected by Q2 2023. The project aims for a low strip ratio and harnesses existing infrastructure, including hydroelectric power, for reduced carbon emissions. CEO Leif Nilsson highlighted the project's potential in contributing critical metals for energy transition, including copper, molybdenum, and silver. Historical data re-evaluation is underway to improve resource estimates.
Surge Copper Corp. announced promising initial results from its 2022 exploration program at the Ootsa Property in British Columbia. The program included drilling 38 holes across nine target areas, focusing on the Seel Breccia Zone. Significant findings include hole S22-315, which intersected 64.6 metres grading 0.63% copper equivalent, and hole S22-316 with 40 metres grading 2.12% copper equivalent. These results suggest potential for high-grade scalable tonnage. The program aims to advance early-stage regional targets and totalled 15,300 metres of drilling.