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Surge Copper Acquires Strategic Land Position at Berg Project
Surge Copper Acquires Strategic Land Position at Berg Project Canada NewsWire ...
About this update from Surge Copper Corp.
[{"type":"text","content":"\n \n \n \n Surge Copper Acquires Strategic Land Position at Berg Project\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TSX-V Trading Symbol: SURG\n \n Frankfurt Trading Symbol: G6D2\n \n \n \n VANCOUVER, BC\n \n ,\n \n April 7, 2021\n \n /CNW/ -\n \n Surge Copper Corp.\n \n (TSXV: SURG) (Frankfurt: G6D2)\n \n (\"Surge\" or the \"Company\")\n \n is pleased to announce it has executed definitive asset purchase agreements with two vendors to acquire a 100% interest in certain mineral claims in the eastern portion of the Berg Property and southern portion of the Ootsa Property. The acquisition of these claims consolidates Surge's ownership of the Bergette prospect area, which is the most advanced regional exploration target on the Berg Property outside of the Berg deposit.\n \n \n The Bergette target area is situated approximately 10 kilometers east of the Berg deposit. Prior exploration work has outlined a 2 km by 2 km copper-in-soil anomaly straddling the interior margins of an intrusive magnetic anomaly that remains open to the east. Historical shallow drilling in the southwestern and northwestern corners of the soil anomaly intercepted porphyry mineralization, including 0.29% Cu, 0.011% Mo, and 0.6 g/t Ag over 70 metres and 0.32% Cu and 0.010% Mo over 64 metres with both potassic alteration and grades appearing to increase with depth. An AeroTEM survey completed over the area in 2010 also shows an EM geophysical anomaly comparable in magnitude and scale to the signature over the Berg deposit area.\n \n \n The Company is planning a surface exploration program at Bergette starting mid-July of this year that will focus on extending and fully defining the large copper in soil anomaly, complete surface mapping and rock sampling, and potentially look to complete a ground-based induced polarization geophysical survey over the entire target area.\n \n \n \n \n \n \n \n \n \n \n \n \n \n Under the terms of the asset purchase agreements, Surge will issue to two vendors a total of 850,000 common shares, and register separate net sm...