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Surge Copper Drills 1.5% Copper Equivalent Over 22 Metres at New Discovery on the Ootsa Property
VANCOUVER, British Columbia, Sept. 05, 2018 (GLOBE NEWSWIRE) -- Surge Copper Corp. (the “Company”) (SURG: TSX-V) is pleased to announce that assay results for h
About this update from Surge Copper Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Sept. 05, 2018 (GLOBE NEWSWIRE) -- Surge Copper Corp. (the “Company”) (SURG: TSX-V) is pleased to announce that assay results for holes S18-212 and 214 from the Company’s Ootsa Property have been received and are presented below. Holes S18-212 and 214 are the first drill hole results from a recent new discovery located 500 metres northeast of the East Seel deposit. Assays results confirm the new discovery has potential to host high-grade resources. The Ootsa Property is an advanced stage copper-gold exploration project containing the East Seel, West Seel, and Ox porphyry deposits, and is located adjacent to the Huckleberry Copper Mine in British Columbia. HIGHLIGHTS • Hole S18-214 intersected 22 metres grading 1.5% copper equivalent (Cu Eq.) within a larger interval containing 48 metres grading 0.7% Cu Eq. • Hole S18-212 intersected 22 metres grading 0.5% Cu Eq., including 6 metres grading 1.2% Cu Eq. • Width and grade of the mineralized zone appear to increase toward the surface. • Holes S18-212 and 214 both intersected long intervals of intense alteration locally containing highly elevated zinc and silver including: 98 metres of 0.61% zinc and 5.1 g/t silver, including 14 metres of 1.12% zinc and 6.27 g/t silver in hole S18-214. 71 metres grading of 0.57% zinc, 0.11% lead, and 6.7 g/t silver in hole S18-212. Drill ResultsThe 2018 drill program is focused on expanding existing mineralization and testing new exploration targets around the East and West Seel deposits. Hole S18-212 is located 500 metres northeast of the East Seel deposit and was drilled at an azimuth of 133 degrees and a dip of 50 degrees. This discovery hole contained widespread and intense alteration along with localized and variable zones of mineralization consisting of pyrite, chalcopyrite, and sphalerite along with carbonate and quartz, with sulfides occurring as a sulfide rich breccia matrix. Photographs of the mineralization are available in the photo gallery on our website at www.surgecopper.com or by clicking here. Hole S18-212 intersected 6 meters of high grade mineralization grading 1.2% copper equivalent from 372 to 378 metres depth within a larger zone containing 0.5% copper equivalent over 22 metres from 372 to 394 metres depth. The hole also intersected zones of anomalous ...