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Surge Copper: Prospecting Discovers New Altered Porphyry on the Ootsa property, Assay Results for Hole S18-215 Released
VANCOUVER, British Columbia, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Surge Copper Corp. (the “Company”) (SURG: TSX-V) is pleased to announce the discovery of a new ar
About this update from Surge Copper Corp.
[{"type":"text","content":"VANCOUVER, British Columbia, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Surge Copper Corp. (the “Company”) (SURG: TSX-V) is pleased to announce the discovery of a new area containing altered and mineralized porphyry and presents assay results for hole S18-215 from the Company’s Ootsa Property. 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 Surface exploration has discovered an outcrop of strongly altered porphyry located 4 km southwest of West Seel. The new discovery has been called the Ravine zone. A single composite grab sample from the Ravine Zone returned 29.1 g/t Ag, 2% Zn and 0.24% Pb. The Ravine Zone occurs within a 1 kilometre long and open chargeability anomaly that has not been explored previously. Hole S18-215 intersected long intervals of intense alteration containing highly elevated silver, zinc, and lead including: 191.5 metres (to the end of the hole) of 7.25 g/t silver, 0.43% zinc and 0.16% lead. 170 metres of 8.14 g/t silver, 0.49% zinc and 0.17% lead. Ravine Zone ProspectingProspecting 4 kilometres southwest of the West Seel deposit, targeting a large and previously unexplored geophysical anomaly, has resulted in the discovery of a strongly altered quartz-feldspar-biotite porphyry in outcrop. The porphyry contains strong sericite alteration, is cut by thin quartz-sulfide veinlets, and contains fine grained disseminated sulfides. A composite grab sample from the porphyry over a 4 metre area returned 29.1 g/t Ag, 2% Zn and 0.24% Pb. The area corresponds with a 1 kilometre long chargeability anomaly that remains open to the south. This new area has been termed the Ravine Zone, and the presence of altered mineralized porphyry containing strong alteration and highly anomalous Ag-Zn-Pb associated with a large geophysical anomaly suggests the area has good discovery potential. Additional work will be planned for the area during 2019 to evaluate the extent and significance of the new zone. Drill ResultsThe 2018 drill program at Ootsa focused on expanding existing mineralization and testing new exploration targets around the East and West Seel deposits. The program has been successful with hole S18...