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Dienstag, 15.06.2021 13:05 von | Aufrufe: 81

Surge Copper Intersects 432 metres of 0.61% CuEq and 506 metres of 0.43% CuEq in Final Winter Drilling Results from West Seel

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PR Newswire

TSX-V Trading Symbol: SURG
Frankfurt Trading Symbol: G6D2
OTC Pink: SRGXF

VANCOUVER, BC, June 15, 2021 /PRNewswire/ -- Surge Copper Corp. (TSXV: SURG) (Frankfurt: G6D2) ("Surge" or the "Company") 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 S21-243 intersected 432 metres grading 0.61% copper equivalent including 156 metres grading 0.76% copper equivalent
  • Hole S21-242 intersected 259 metres grading 0.60% copper equivalent including 124 metres grading 0.74% copper equivalent, with the hole ending in mineralization
  • Hole S21-235 intersected 506 metres grading 0.43% copper equivalent
  • Drilling at West Seel has resumed with two core drills focused on further expansion and definition drilling

All drill results from the Company's 20,028 metre winter drill program have now been received and released. Figure 1 shows the location of these drill holes and section references. The Company is pleased to announce that the minimum 5,000 metre summer drill program at Ootsa has commenced with two core rigs focused on the West Seel deposit, performing step out drilling in areas where the deposit remains open. Pending final planning and results as the summer progresses, the program is anticipated to expand outward to test additional near-resource exploration targets.

Figure 1. Plan map of drill hole locations for 2020-2021 Ootsa drill program.

Figure 1. Plan map of drill hole locations for 2020-2021 Ootsa drill program.

Holes S21-235 and 241 to 244 – West Seel Deposit

Holes S21-235 and 241 to 244 were all drilled on the margins of the West Seel deposit or in the area immediately between the East and West Seel deposits. All five holes intersected significant zones of mineralization as summarized in the table below, and the orientation and total depth of each hole is summarized on Figure 1.


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Hole S21-243 is the northeastern most step out on the West Seel long section and is shown on Figure 2. The hole intersected 0.61% copper equivalent over 432 metres from 274 metres depth, including 0.76% copper equivalent over 156 metres from 468 metres depth. This long intercept of strong mineralization continues to extend the higher-grade core of the West Seel deposit to the northeast.

Hole S21-235 was drilled on the west side of West Seel and is shown on Figure 3. The hole intersected 0.43% copper equivalent over 506 metres from 380 metres depth, including 0.68% copper equivalent over 40 metres from 622 metres depth.

Holes S21-241, 242, and 244 tested the east side of West Seel. Holes S21-242 and 244 are shown on Figure 4. All three holes intersected zones of near surface mineralization. Hole S21-241 intersected 0.31% copper equivalent over 122 metres starting at 94 metres depth. Hole S21-242 intersected 0.24% copper equivalent over 42 metres starting at 26 metres depth followed by 0.60% copper equivalent over 259 metres starting at 458 metres depth. This includes a higher-grade interval containing 0.74% copper equivalent over 124 metres starting at 542 metres depth. Hole S21-244 intersected 0.21% copper equivalent over 58 metres from 32 metres depth followed by 0.29% copper equivalent over 168 metres from 98 metres depth.

Summary of Assay Results for Selected Holes

Drill Hole

From
(m)

To (m)

Width
(m)1

CuEq
(%)2

Cu (%)

Au (g/t)

Mo (%)

Ag (g/t)

S21-235

88.0

96.0

8.0

0.66

0.02

0.71

0.000

1.3

S21-235

380.0

886.0

506.0

0.43

0.20

0.11

0.030

2.2

including

438.0

460.0

22.0

0.52

0.26

0.10

0.040

3.5

including

622.0

662.0

40.0

0.68

0.32

0.19

0.046

3.9

S21-241

94.0

216.0

122.0

0.31

0.14

0.11

0.020

0.6

S21-241

134.0

216.0

82.0

0.34

0.16

0.12

0.022

0.6

including

184.0

210.0

26.0

0.47

0.20

0.19

0.029

0.7

S21-242

26.0

68.0

42.0

0.24

0.12

0.08

0.012

0.8

S21-242

420.0

717 EOH

297.0

0.56

0.22

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