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Surge Copper Intersects 830 metres of 0.38% CuEq and 378 metres of 0.40% CuEq at West Seel

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PR Newswire

TSX-V Trading Symbol: SURG
Frankfurt Trading Symbol: G6D2

VANCOUVER, BC, May 10, 2021 /PRNewswire/ - Surge Copper Corp. (TSXV: SURG) (Frankfurt: G6D2) ("Surge" or the "Company") is pleased to announce additional assay results for multiple resource definition and exploration holes from the Company's 100% owned Ootsa Property in British Columbia.

Highlights

  • Hole S21-240 intersected 830 metres grading 0.38% copper equivalent1 including 170 metres grading 0.47% copper equivalent

  • Holes S21-231 and 234 both hit high grade mineralization on the southeast side of West Seel including 0.70% copper equivalent over 62 metres and 0.62% copper equivalent over 86 metres

  • Hole S21-239 intersected 190 metres grading 0.45% copper equivalent including 66 metres grading 0.65% copper equivalent

  • Results from 8 additional holes are pending, including step out holes to the west, north, and the gap zone area between the Seel deposits

Dr. Shane Ebert, VP Exploration, commented: "This latest batch of holes are all step-outs testing the margins of the West Seel deposit and continue to significantly expand the size of the deposit and help define key structural controls. Hole S21-240, on the north side of the deposit, has returned an impressive interval of 830 metres of continuous mineralization grading 0.38% copper equivalent, along with higher grade zones. The holes on the southeast side of the deposit have also returned strong grades starting around 200 metres below surface with mineralization remaining open to the southeast. This southeast part of the West Seel deposit is an area where additional drilling has the potential to add significant tonnage to the deposit."

Holes S21-229 to 234, 239, and 240 – West Seel Deposit

Holes S21-229 to 234, 239, and 240 were all drilled at the West Seel deposit and all eight holes were targeted to help define the outer margins of the deposit. Significant results are summarized in the table below. Figure 1 shows the locations of the 2020-2021 drill holes and section references.

Figure 1. Plan map of drill hole locations for 2020-2021 Ootsa drill program. (CNW Group/Surge Copper Corp.)


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

Holes S21-231 and 234 were drilled on the southeast side of the West Seel deposit. Hole S21-231 was drilled at an azimuth of 315, a dip of -65 degrees, to a total depth of 807 metres and intersected 0.40% copper equivalent over 378 metres from 386 metres depth, including 0.70% copper equivalent over 62 metres from 434 metres depth. Hole S21-234 was drilled at an azimuth of 315, a dip of -65 degrees, to a total depth of 795 metres and intersected 0.44% copper equivalent over 202 metres from 206 metres depth, including 0.62% copper equivalent over 86 metres from 312 metres depth. The potential to expand higher grade to the southeast is highlighted on Figures 2 and 3.

Holes S21-230, 233, and 239 are located on the west side of West Seel and all three have extended the deposit at depth and to the west. Hole S21-230 was a vertical hole drilled to a depth of 888 metres. Hole S21-233 was drilled at an azimuth of 135, a dip of -75 degrees, to a total depth of 737.5 metres, and intersected 0.35% copper equivalent over 395.5 metres from 342 metres depth, including 0.48% copper equivalent over 148 metres from 474 metres depth.  Hole S21-239 was drilled at an azimuth of 135, a dip of -75 degrees, and to a total depth of 746.5 metres. The hole intersected 0.45% copper equivalent over 190 metres from 354 metres depth, including 0.65% copper equivalent over 66 metres from 356 metres depth.

Hole S21-240 is located on the north side of the deposit and was drilled at an azimuth of 215, a dip of -51 degrees, and to a total depth of 1,240.5 metres. The hole intersected 0.38% copper equivalent over 830 metres from 248 metres depth, including 0.47% copper equivalent over 170 metres from 658 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)

S21-230

478.0

706.0

228.0

0.28

0.17

0.06

0.014

1.4

including

598.0

638.0

40.0

0.49

0.35

0.10

0.010

1.6

S21-231

386.0

764.0

378.0

0.40

0.18

0.17

0.013

2.1

including

434.0

496.0

62.0

0.70

0.34

0.28

0.023

4.0

S21-233

342.0

737.5

395.5

0.35

0.17

0.08

0.028

1.8

including

474.0

622.0

148.0

0.48

0.23

0.10

0.042

2.2

S21-234

206.0

408.0

202.0

0.44

0.20

0.19

0.015

1.7

including

312.0

398.0

86.0

0.62

0.27

0.28

0.023

2.7

S21-239

354.0

544.0

190.0

0.45

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