Surge Copper Corp. is pleased to announce assay results for multiple resource definition and exploration holes from the Company's 100% owned Ootsa Property in British Columbia. Highlights Hole S21-228 intersected 585 metres grading 0.57% copper equivalent1 with the zone remaining open at depth Hole S21-228 includes multiple higher-grade zones such as 0.99% copper equivalent over 16 metres and 0.76% copper equivalent over [...]
Surge Copper Corp. is pleased to announce the results of an updated independent resource estimate prepared by Tetra Tech for the Berg copper-molybdenum-silver deposit, located in the Huckleberry district in central British Columbia. Highlights Total Measured and Indicated resources of 610.0 million tonnes grading 0.38% copper equivalent Measured resource containing 207.2 million tonnes grading 0.45% copper equivalent Pit [...]
Surge Copper Corp. is pleased to announce assay results for multiple resource definition and exploration holes from the Company's 100% owned Ootsa Property in British Columbia. A 15,000-metre drill program is currently underway along the Seel Trend at Ootsa. One drill is focused on testing the expansion and near-deposit exploration potential at the West and East Seel porphyry Cu-Au-Mo-Ag deposits, and the second is [...]
Surge Copper Corp. is pleased to announce that drilling has resumed at the Company's 100% owned Ootsa project in British Columbia after a planned holiday break, and a minimum 5,000 metres of additional drilling has been added to the winter program for a total of at least 15,000 metres. Surge remains well funded with approximately $6.3 million in the treasury. Highlights The current drill program at Ootsa has been expanded [...]
Surge Copper Corp. is pleased to announce the appointment of Leif Nilsson as Chief Executive Officer of Surge. Dr. Shane Ebert will continue as President and VP Exploration of the Company. Mr. Nilsson has dedicated the last 15 years to a career in mining advisory and investment banking for various Canadian and international firms, most recently serving as Senior Vice President at an Australian multinational investment [...]
Surge Copper Corp. has entered into a definitive option agreement with Thompson Creek Metals Company Inc., a wholly owned subsidiary of Centerra Gold, a TSX listed Company whereby Surge will have the right to acquire a 70% interest in the Berg copper-molybdenum-silver project through issuing C$5 million in common shares of Surge and C$8 million in spending commitments, in each case, over a period of up to five years. Berg [...]
Surge Copper Corp. , is pleased to announce assay results for drill hole S20-219 from the Company's 100% owned Ootsa Property in British Columbia. A 10,000 metre drill program is currently underway along the gold rich Seel Trend at Ootsa. One drill is focused on testing the expansion and near-deposit exploration potential at the East and West Seel porphyry Cu-Au deposits, the second is testing new exploration targets [...]
Surge Copper Corp. , is pleased to announce assay results for the upper portion of hole S20-218, the first hole of the 2020 drilling program at the Company's 100% owned Ootsa Property in British Columbia. A 10,000 metre drill program is currently underway along the gold rich Seel Trend at Ootsa. One drill is focused on testing the expansion and near-deposit exploration potential at the East and West Seel porphyry Cu-Au [...]
Surge Copper Corp. , is pleased to announce a 10,000 metre core drilling program at the Company's 100% owned Ootsa Property. The Ootsa Property contains large advanced-stage copper-gold resources and is located adjacent to the Huckleberry Copper Mine in west central British Columbia. Two drills are active on the property, one is focused on testing the expansion potential of known deposits, the second is testing new [...]
Surge Copper Corp. , announces it has closed the non-brokered flow-through private placement announced September 29, 2020 and October 2, 2020. The private placement consisted of 40,000,000 flow-through units priced at C$0.15 for gross flow through proceeds of C$6,000,000 . Each FT Unit consists of one flow-through share and one share purchase warrant entitling the holder to purchase an additional non-flow-through common [...]
Surge Copper Corp. , announces it has closed the non-brokered private placement announced September 29, 2020 and October 2, 2020 consisting of 3,846,154 at a price of $0.13 per Unit raising gross proceeds of $500,000. Each Unit is comprised of one common share and one share purchase warrant. Each Warrant entitles the holder to purchase one common share of the Company for 36 months at an exercise price of $0.17 per share [...]
Surge Copper Corp. has amended the terms of the financing announced on September 29, 2020. The Company has had very strong individual and institutional investor demand for the financing, including participation by Altius Resources Inc. and 6 other resource focused institutions, and has increased the flow-through component from C$5,454,545 to C$6,000,000. The total interest in the financing was multiples of the total [...]