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Surge Copper Signs Option Agreement to Acquire a 70% Interest in The Berg Copper Project from Centerra Gold Inc.
Surge Copper Signs Option Agreement to Acquire a 70% Interest in The Berg Copper Project ...
About this update from Surge Copper Corp.
[{"type":"text","content":"\n \n \n \n Surge Copper Signs Option Agreement to Acquire a 70% Interest in The Berg Copper Project from Centerra Gold Inc.\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.prngen3{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:black 1pt solid; PADDING-RIGHT:0.50em\n}\n.prngen5{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 1pt solid; PADDING-RIGHT:0.50em\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prntbls{\nBORDER-TOP: black 1px solid; BORDER-RIGHT: black 1px solid; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: black 1px solid; BORDER-LEFT: black 1px solid\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnml10{\nMARGIN-LEFT:0.83em; MARGIN-TOP:0em; MARGIN-BOTTOM:0em\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n \n \n \n \n \n TSX-V Trading Symbol: SURG\n \n \n \n VANCOUVER, BC\n \n ,\n \n Dec. 15, 2020\n \n /CNW/ -\n \n Surge Copper Corp. (TSXV:\n \n \n SURG\n \n \n ) (\"Surge\" or the \"Company\")\n \n has entered into a definitive option agreement (the \"Option Agreement\") with Thompson Creek Metals Company Inc., a wholly owned subsidiary of Centerra Gold Inc., a TSX listed Company (\"Centerra\") whereby Surge will have the right to acquire a 70% interest in the Berg copper-molybdenum-silver project through issuing\n \n C$5 million\n \n in common shares of Surge and\n \n C$8 million\n \n in spending commitments, in each case, over a period of up to five years. Berg hosts a large porphyry copper-molybdenum-silver deposit located in the Tahtsa Ranges in central\n \n British Columbia\n \n .  The main deposit at Berg is located approximately 28km northwest of Surge's Ootsa projec...