Announcement Date: | 2022-03-21 |
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Announcement Type: | Drilling Results |
Announcement Code: | NI43-101 |
Company name: | Surge Copper Corp. |
Project name: | Berg |
Location: | Canada |
Commodities: | Gold,Silver,Copper,Molybdenum |
Highlight: | Drilling results incl. 368m @ 0.37% Cu, 0.039% Mo, 0.03g/t Au, 5.5g/t Ag from 28m |
Resources: | only available to subscribers |
CP/QP: | only available to subscribers |
Announcement summary: | March 21, 2022, Vancouver, British Columbia – Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce complete assay results for the final 2 holes from the 2021 program at the Berg Deposit located on the Berg Property in British Columbia. The Company has a right to earn a 70% interest in the Berg Property from Centerra Gold. The Company completed 9 drill holes at Berg in 2021. Results from the first 3 holes were released on March 8, 2022, and results from 4 additional holes were released on March 17, 2022. Assay results have been received for holes BRG21-241 and 242 located in the southern part of the Berg deposit along cross-section B-B’. Hole BRG21-241 was angled away from the central Berg Intrusion and encountered leached cap from the start of bedrock at 6 metres to 20 metres downhole. The chalcocite enrichment blanket was encountered from 20 to 90 metres downhole returning 68 metres grading 0.58% copper, 0.038% molybdenum, and 6.0 g/t silver (0.79% copper equivalent). The chalcocite blanket includes a higher grade zone returning 22 metres grading 0.85% copper, 0.024% molybdenum, and 8.2 g/t silver (1.04% copper equivalent). Hole BRG21-242 was angled toward the central Berg Intrusion and encountered 22 metres of leached cap from 6 to 28 metres downhole. The hole returned 368 metres grading 0.37% copper, 0.039% molybdenum, and 5.5 g/t silver |
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