TSX-V: SURG
OTCQX: SRGXF
Frankfurt: G6D2
VANCOUVER, BC, Aug. 11, 2021 /CNW/ - Surge Copper
Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) ("Surge"
or the "Company") is pleased to provide an update on the
Company's summer field programs taking place at the Ootsa and Berg
projects located in the Huckleberry district in central
British Columbia.
During the month of July, the Company commenced rehabilitation
and upgrade work on the Berg access trail to allow for truck and
all-terrain-vehicle access to the deposit area. The first phase of
this work is now complete with the excavator equipment having
reached the Berg camp. The excavator crew is now installing several
drill pads and will complete additional improvements along the
access trail as the crew leaves the project area in the coming
weeks. The completion of these access improvement works has
provided road access to the Berg camp and deposit area for the
first time in approximately ten years and will allow for
cost-effective exploration and development activities going
forward. The Berg access trail branches off a local forest service
road where additional road and bridge improvement work is ongoing
and is being led by a local forestry operator.
Also during the month of July, Geotech Ltd. completed the data
acquisition phase of the airborne geophysical survey being
conducted across the entire Huckleberry district, with
approximately four thousand line-kilometres flown over Surge's
properties under excellent weather conditions and with no standby
days incurred. The data is now being processed with final
deliverables including inversion results, maps, and reporting to
follow later in the quarter.
The summer drill program taking place at the Ootsa Property is
progressing well with approximately 13,000 metres completed since
the beginning of June. Resource drilling at the West and East Seel
deposits is nearing completion, and additional updates will be
provided as assay results from this program become available. The
Company has also engaged with geological consultants to update the
geological model for West and East Seel and to incorporate
additional drilling data from the 2020 and 2021 drill programs, in
preparation for a resource update later this year. Drill rigs will
be mobilized to test certain exploration targets in the Seel and Ox
trends before being mobilized to Berg later in the summer to
complete a minimum 5,000 metre program targeting extensions of the
high-grade zones within the resource.
Leif Nilsson, CEO and Director,
commented: "It has been an extremely busy summer so far as we
have tackled ambitious parallel work programs across the district.
We are excited to start seeing the results come in from these
programs and to keep pushing ahead as we take advantage of the
excellent operating conditions present in central BC
today."
About Surge Copper Corp.
The Company owns a 100% interest in the Ootsa Property, an
advanced stage exploration project containing the East Seel, West
Seel and Ox porphyry deposits located adjacent to the open pit
Huckleberry Copper Mine, owned by Imperial Metals. The Ootsa
Property contains pit constrained NI 43-101 compliant resources of
copper, gold, molybdenum, and silver in the Measured and Indicated
categories.
The Company is also earning into a 70% interest in the Berg
Property from Centerra Gold. Berg is a large, advanced stage
exploration project located 28 km northwest of the Ootsa deposits.
Berg contains pit constrained 43-101 compliant resources of copper,
molybdenum, and silver in the Measured and Indicated categories.
Combined, the adjacent Ootsa and Berg properties give Surge a
dominant land position in the Ootsa-Huckleberry-Berg district and
control over four advanced porphyry deposits.
On Behalf of the Board of Directors
"Leif Nilsson"
CEO and Director
For Further information, please contact:
Telephone: +1 604 416 2978 or +1 604 558 5847
info@surgecopper.com
http://www.surgecopper.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This News Release contains forward-looking statements, which
relate to future events. In some cases, you can identify
forward-looking statements by terminology such as "will", "may",
"should", "expects", "plans", or "anticipates" or the negative of
these terms or other comparable terminology. All statements
included herein, other than statements of historical fact, are
forward looking statements, including but not limited to the
Company's plans regarding the Berg Property and the Ootsa Property.
These statements are only predictions and involve known and unknown
risks, uncertainties and other factors that may cause the Company's
actual results, level of activity, performance or achievements to
be materially different from any future results, levels of
activity, performance, or achievements expressed or implied by
these forward-looking-statements. Such uncertainties and risks may
include, among others, actual results of the Company's exploration
activities being different than those expected by management,
delays in obtaining or failure to obtain required government or
other regulatory approvals, the ability to obtain adequate
financing to conduct its planned exploration programs, inability to
procure labour, equipment and supplies in sufficient quantities and
on a timely basis, equipment breakdown, impacts of the current
coronavirus pandemic, and bad weather. While these
forward-looking statements, and any assumptions upon which they are
based, are made in good faith and reflect the Company's current
judgment regarding the direction of its business, actual results
will almost always vary, sometimes materially, from any estimates,
predictions, projections, assumptions or other future performance
suggestions herein. Except as required by applicable law, the
Company does not intend to update any forward-looking statements to
conform these statements to actual results.
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SOURCE Surge Copper Corp.
