Articles from Surge Copper Corp.

Vancouver, British Columbia, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce the closing of its previously announced strategic private placement (the “Strategic Placement”) with African Rainbow Minerals Limited (“ARM”). Under the Strategic Placement, ARM has purchased 25,781,715 common shares at a price of $0.175 per share, for gross proceeds of approximately C$4.5 million. Following the transaction, ARM’s ownership in Surge has increased to 19.9%.

Vancouver, British Columbia, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to provide a corporate update covering ongoing field activities, upcoming investor events, and progress on its previously announced concurrent private placement with a significant strategic investor.

Vancouver, British Columbia, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to provide an update on its 2025 field program, which commenced in mid-July at the Company’s 100%-owned Berg copper-molybdenum-precious metals project located in central British Columbia. The program is expected to run through late September, subject to weather conditions and operational factors. The 2025 program is anticipated to be the final field campaign supporting the completion of a resource update and pre-feasibility study for the Berg Project.

Locked cycle tests exceed 90% copper and molybdenum recoveries and confirm clean final products with high separation efficiency

Vancouver, British Columbia, April 15, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to highlight results from an industrial energy efficiency study investigating the potential benefits of incorporating high-pressure grinding rolls (“HPGR”) into the comminution circuit at its Berg Project in central British Columbia. The study, conducted by Ausenco Engineering Canada ULC with input and support provided by BC Hydro, evaluates the energy efficiency impacts of an HPGR-based circuit compared to a traditional semi-autogenous grinding (“SAG”) and ball milling configuration. The study incorporates updated breakage test work data from the ongoing metallurgical test program conducted by ALS Metallurgy Kamloops (“ALS”).

Vancouver, British Columbia, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce the appointment of Dr. Paul West-Sells to the Company’s board of directors.

Vancouver, British Columbia, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce assay results from drill holes S24-336 and 337, two exploration holes completed at the Company’s Ootsa Project at the end of the 2024 field season. The Company completed 2 holes for 897 metres of drilling at the Cu-Au Target located 300 metres northeast of the East Seel deposit and immediately north of the Seel Breccia East deposit which was partially delineated by the Company in 2022 (see February 7, 2023 news release). The 2024 drilling at the Cu-Au Target was designed to directly follow up on the discovery of copper-gold mineralization associated with quartz-magnetite-chalcopyrite veining identified in hole S22-330 which returned 100 metres grading 0.23% copper and 0.19 g/t gold (see January 9, 2023 news release). Drill targeting was also designed to test a large magnetic anomaly at depth.

Vancouver, British Columbia, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce assay results from drill holes BRG24-255 and 256, two of the ten holes completed during the 2024 field program at its 100%-owned Berg project located in central British Columbia, in addition to hole BRG24-252, which was an initial test of the nearby exploration target referred to as Berg SW. Both BRG24-255 and 256 were targeted to infill the western portion of the deposit to support resource definition. An interactive 3D model including these results can be viewed here:

Vancouver, British Columbia, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce assay results from drill holes BRG24-253 and 254, two of the ten holes completed during the 2024 field program at its 100%-owned Berg project located in central British Columbia. Both holes were collared from the same location and were targeted to infill the western portion of the deposit to support resource definition. An interactive 3D model including these results can be viewed here:

Vancouver, British Columbia, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce the successful completion of its 2024 field program at its 100%-owned Berg and Ootsa copper-molybdenum-precious metals projects located in central British Columbia. Field crews have now been demobilized, and with the conclusion of physical operations, the Company is ramping down associated expenditures as it transitions into the data analysis and reporting phase.

Vancouver, British Columbia, July 09, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce that it has signed a renewed Communications and Engagement Agreement (“CEA”) with the Office of the Wet’suwet’en (“OW”) and Thin House of the Gilseyhu Clan of the Wet’suwet’en Nation. The agreement updates the longstanding collaboration that Surge and OW have maintained in good standing prior to the renewal.

Vancouver, British Columbia, July 19, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce the commencement of field operations for its 2024 work program at its 100%-owned Berg copper-molybdenum-precious metals project located in central British Columbia. Additionally, the Company announces that African Rainbow Minerals Limited (“ARM”) has exercised in full its rights in respect of the Company’s recently completed private placement (see April 2, 2024 press release and June 21, 2024 press release), and has subscribed for a total of 1,582,353 common shares of the Company at a price of $0.15 per common share for gross proceeds of approximately $237,353 (the “Top-Up Offering”).

Vancouver, British Columbia, June 21, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) announces that it has closed its non-brokered private placement previously announced on June 6 and June 7, 2024, consisting of 8,966,668 special flow-through common shares (the “CFT Shares”) at a price of $0.245 per CFT Share, for gross proceeds of approximately $2.2 million (the “Offering”).

Vancouver, British Columbia, May 31, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce that it has closed its previously announced strategic placement (the “Strategic Placement”) (see April 2, 2024 press release) for gross proceeds of approximately $3.9 million. In addition, the Company announces that it has completed sample selection and shipped the sample material to commence a pre-feasibility study (“PFS”) metallurgy program for the Berg Project.

Vancouver, British Columbia, April 02, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce that it has entered into a subscription agreement for a private placement financing (the “Strategic Placement”) with a new cornerstone strategic investor, African Rainbow Minerals Limited (JSE: ARI) (“ARM”).

Vancouver, British Columbia, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce exploration results from 2023 surface work on the Berg Property in west-central British Columbia.

Vancouver, British Columbia, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce assay results from drill hole BRG23-245, the third and final hole of the Company’s 2023 drilling program testing the deeper portions of the large Berg copper-molybdenum deposit in west-central British Columbia. An interactive 3D model including all results from the 2023 drilling can be viewed here: https://vrify.com/decks/15092

Vancouver, British Columbia, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce that it has entered into a definitive purchase agreement (the “Purchase Agreement”) with Thompson Creek Metals Company Inc. (“TCM”), a wholly-owned subsidiary of Centerra Gold Inc., to acquire a 100% interest in the Berg Property for total consideration of 21,221,165 common shares of Surge, resulting in TCM owning approximately 15% of Surge’s outstanding common shares (the “Transaction”). The Purchase Agreement replaces an earlier December 2020 Option Agreement between Surge and TCM which allowed Surge to earn a 70% interest in the Berg Property by spending C$8 million over five years and issuing to TCM C$5 million in common shares of the Company.

Vancouver, British Columbia, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce assay results from drill hole BRG23-243, the first hole of the Company’s 2023 drilling program testing the deeper portions of the large Berg copper-molybdenum deposit in west-central British Columbia.

Vancouver, British Columbia, July 12, 2023 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce that it has commenced its 2023 field exploration program which is anticipated to run during the summer months of 2023 and include both diamond drilling at the Berg deposit and surface exploration at multiple target areas throughout the Berg-Ootsa district.

Large-scale, long-life, stand-alone greenfield development project with simple design and high outputs of critical minerals located in a safe jurisdiction with world-class infrastructure

VANCOUVER, British Columbia, April 19, 2023 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to provide final exploration results for the 2022 Ootsa-Berg reconnaissance exploration program including drill results from 4 holes at the Sibola target, the maiden hole completed by Surge from the Sylvia target, and surface sampling and mapping across numerous target areas. The Company also provides a summary overview of key results from the 2022 regional exploration program and highlights initial plans for the forthcoming 2023 field exploration program.

Vancouver, British Columbia, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce complete assay results for 4 holes from the Bergette target on the Company’s Berg Property in British Columbia. These are the first holes drilled by Surge at the historic Bergette target and, combined with new geologic and geophysical work, are helping to demonstrate the potential of the large Bergette system.

Vancouver, British Columbia, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce complete assay results for 17 holes from the Company’s 100% owned Ootsa Property in British Columbia. Included are results from 2 holes testing exploration targets and 15 holes from the Seel Breccia East zone where the Company is expanding high-grade copper-silver breccia style mineralization and has identified a large and open zone of zinc-lead-silver-gold breccia style mineralization.

Vancouver, British Columbia, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce complete assay results for 3 holes from the Company’s 100% owned Ootsa Property in British Columbia. Included are results from one hole testing a regional exploration target and two holes drilled along the northern margins of the Seel Breccia East zone where the Company is expanding high-grade breccia-style mineralization. These two holes encountered greater than 100 metre intervals of copper-gold porphyry-style mineralization within the upper portions of the holes, coincident with IP chargeability and resistivity anomalies which extend to the north and at depth. These results open a new exploration target for near-surface copper-gold porphyry mineralization similar to the East Seel deposit.

Vancouver, British Columbia, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce that it has commenced a Preliminary Economic Assessment (the “PEA”) on the Berg Project located in central British Columbia. The Company has engaged Ausenco Engineering Canada Inc. (“Ausenco”) to lead the PEA which will utilize an updated mineral resource estimate to be completed by Tetra Tech Canada Inc. The PEA is anticipated to be completed during the second calendar quarter of 2023.

Initial results from 2022 exploration program demonstrate expansion potential of high-grade breccia-style mineralization proximal to Seel porphyry deposit Significant regional exploration program completed including surface exploration and 38 exploration drill holes across 9 distinct target areas