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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 Corp. (OTCQX: SRGXF) announced the nomination of Richard Colterjohn and John Dorward to its Board of Directors, to be voted on at the Annual General Meeting on September 22, 2021. CEO Leif Nilsson praised their industry expertise and experience. Colterjohn has over 25 years in mining and finance, previously serving at UBS and leading Centenario Copper. Dorward has extensive experience as a former CEO of Roxgold and holds various senior roles in the industry. Patrick Bell and Kinder Deo will not seek re-election but will remain as advisors.
Surge Copper Corp. (TSXV: SURG, OTCQX: SRGXF) has appointed Leif Nilsson to its Board of Directors as part of a board renewal initiative. President Dr. Shane Ebert expressed confidence in Nilsson's strategic leadership and expertise in the mining industry. Furthermore, the board approved the grant of 2,725,000 options to employees and executives at an exercise price of $0.42, expiring in five years. Surge owns 100% of the Ootsa Property, which includes NI 43-101 compliant resources, and is earning a 70% interest in the nearby Berg Property.
Surge Copper Corp. (TSXV: SURG, OTCQX: SRGXF) announced its qualification to trade on the OTCQX® Best Market, enhancing visibility and liquidity for U.S. shareholders. CEO Leif Nilsson highlighted that this move aims to attract long-term investors. The OTCQX market imposes high financial and governance standards, ensuring integrity and transparency. Surge owns a 100% interest in the Ootsa Property, which harbors advanced copper and precious metal resources, and is earning a 70% interest in the Berg Property, strengthening its position in the Ootsa-Huckleberry-Berg district.
Surge Copper Corp. announces positive assay results from the Ootsa Property in British Columbia, revealing significant copper equivalent grades. Highlights include:
- Hole S21-243: 432m grading 0.61% CuEq.
- Hole S21-242: 259m grading 0.60% CuEq.
- Resumed drilling at West Seel with a minimum 5,000m summer program targeting near-resource exploration.
- Completion of a 20,028m winter drill program.
Ongoing geological surveys support upcoming resource expansion efforts.
Surge Copper Corp. announced positive assay results from their Ootsa Property in British Columbia. Key highlights include:
- Hole S21-240 intersected 830 metres at 0.38% copper equivalent, including 170 metres at 0.47%.
- Holes S21-231 and S21-234 showed high-grade mineralization of 0.70% and 0.62%, respectively.
- Drilling confirms potential deposit expansion, particularly to the southeast.
- 20,028 metres drilled in the 2020-2021 program, with results from 8 holes pending.
Dr. Shane Ebert emphasized significant growth from these findings.
Surge Copper Corp. has appointed Paul Chawrun and Steve Blower to its technical advisory committee to enhance the exploration and development of the Ootsa and Berg projects. CEO Leif Nilsson highlighted Chawrun's extensive experience in executing engineering programs for major projects, particularly his role in the acquisition of the Massawa project. Blower brings over 25 years of geological expertise, including significant discoveries in uranium deposits. The Ootsa Property and Berg Property hold compliant resources of copper, gold, molybdenum, and silver, advancing Surge's position in the mineral exploration sector.