Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) has received high-grade assay results for four holes from 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 nine drill holes at Berg in 2021. Results from the first three holes were released on March 8, 2022, and results from two additional holes are pending.
Highlights
- Hole BRG21-237 intersected 132 metres grading 0.83% copper equivalent from 34 metres downhole within the main chalcocite blanket, followed by 71 metres grading 0.65% copper equivalent from 184 metres downhole, with the hole ending in mineralisation
- Hole BRG21-238 intersected 144 metres grading 0.60% copper equivalent from 24 metres downhole depth including 100 metres grading 0.74% copper equivalent associated with chalcocite blanket
- Hole BRG21-239 intersected 223 metres grading 0.58% copper equivalent from 20 metres downhole depth including 38 metres grading 0.89% copper equivalent associated with chalcocite blanket, with the hole ending in mineralisation
- Drilling on section A-A’ defines a strongly mineralised zone on the northeast side of the Berg deposit that is 400 metres wide and up to 400 metres thick. This zone is capped by a higher-grade near-surface chalcocite blanket 400 metres wide and up to 125 metres thick
Drill holes BRG21-237 through 240 contained in this release were all drilled in the northeastern portion of the Berg Deposit, and complete the drilling from 2021 on the A-A’ section. These holes were designed to test the expansion potential of the near-surface high-grade mineralisation in this area, as well as to fill in data gaps within areas of lower drill density and provide fresh material for advanced metallurgical testwork.
Details of Holes BRG21-237 to 240
Assay results have been received for holes BRG21-237 to 240 all located in the northeast part of the Berg deposits along cross section A-A’. Hole BRG21-237 was angled toward the Berg Intrusion and encountered leached cap from the start of bedrock to 34 metres downhole.
The chalcocite enrichment blanket was encountered from 34 to 166 metres downhole returning 132 metres grading 0.56% copper, 0.047% molybdenum, and 7.6 g/t silver (0.83% copper equivalent).
This was followed by 18 metres of weakly mineralised late porphyry dike from 166 to 184 metres, then 71 metres grading 0.32% copper, 0.077% molybdenum, and 5.1 g/t silver (0.65% copper equivalent) to the end of the hole at 255 metres.
Hole BRG21-238 was angled away from the Berg Intrusion and encountered 18 metres of leached cap from six to 24 metres downhole. The hole returned 144 metres grading 0.47% copper, 0.014% molybdenum, and 5.1 g/t silver (0.60% copper equivalent) from 24 to 168 metres depth, including 100 metres of chalcocite blanket grading 0.59% copper, 0.016% molybdenum, and 6.2 g/t silver (0.74% copper equivalent) from 26 to 126 metres downhole.
BRG21-239 was a vertical hole that encountered leached cap from 6 to 20 metres depth followed by 223 metres grading 0.42% copper, 0.022% molybdenum, and 5.4 g/t silver (0.58% copper equivalent) from 20 metres to the end of the hole at 243 metres depth.
The hole includes 114 metres grading 0.51% copper, 0.025% molybdenum, and 5.7 g/t silver (0.68% copper equivalent) from 76 to 190 metres depth which partially incorporates the chalcocite blanket.
BRG21-240 was angled away from the Berg Intrusion and tested the far northeast side of the deposit where chalcocite blanket development and hypogene copper and molybdenum grades decrease. The hole defines the width of the mineralised zone on the northeast side of the Berg Intrusion on section A-A’ to be 400 metres.
The thickness of the mineralised zone increases toward the Berg central intrusive stock where the zone is over 400 metres thick as shown on section A-A’ and likely extends considerably deeper along the near-vertical contacts of the Berg Intrusion.
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