Surge Copper Corp. · TSXV:SURG
Surge Copper — Shareholder Meeting (September 2022)
13 slides from Surge Copper's shareholder meeting presentation, Sep 21, 2022
Slide 1: Annual General Meeting Business Update
TSXV:SURG | OTCQX:SRGXF | FRA:G6D2 Annual General Meeting Business Update September0 2022
Slide 2: Disclaimer
Disclaimer This presentation (“Presentation”) is being issued by Surge Copper Corp. (the “Company” or “Surge Copper”) for information purposes only. Cautionary Statements Concerning Forward-Looking Statements This Presentation contains "forward-looking information" within the meaning of applicable C
Slide 3: What is the opportunity in copper?
What is the opportunity in copper? B IG M ARKET + S TRONG F UNDAMENTALS = A TTRACTIVE TO M AJORS Copper is the quintessential electric metal • Demand growth exposure to three “megatrends”: Renewables 1 Lower energy Urbanization and infrastructure investment denisity higher metal utilization 2 Grow
Slide 4: Why BC?
Why BC? T OP MINING JURISDICTION WITH THE RIGHT INGREDIENTS FOR AN ESG & ZERO - CARBON FOCUSED FUTURE • British Columbia is a top mining jurisdiction that is well positioned for an ESG focused future ✓Stable jurisdiction and fiscal regime ✓Clear and thorough environmental permitting process ✓World c
Slide 5: District Overview
District Overview S URGE CONTROLS A DOMINANT LAND POSITION IN THE B ERG -H UCKLEBERRY -O OTSA DISTRICT Competitive Advantages ✓Over 1 Bt of combined M+I resources1 at Ootsa & Berg ✓Deposits accessible by road, off Trans-Canada Highway 0.40% ✓Abundant fresh water resources ✓Multiple nearby port optio
Slide 6: New Ootsa Resource Estimate
New Ootsa Resource Estimate L ARGE - SCALE SUPER PIT AT S EEL | A TTRACTIVE GRADE PROFILE BY DEPTH Highlights Combined Seel & Ox M&I Resource Tonnes by CuEq Grade Range and Depth from Surface • Updated resource based on ~152,000m of drilling 0 to 100 m 11.3 9.5 13.4 47.8 • Combines West Seel, East S
Slide 7: One of the Largest Resource Bases in Western Canada
One of the Largest Resource Bases in Western Canada G LOBAL M&I RESOURCE TONNES AND WEIGHTED AVERAGE C U E Q 1 GRADE 3,000 0.70% 0.60% Combined M&I Resource Grade (% CuEq) 2,500 0.50% Global M&I Resource (Mt) 2,000 0.40% 1,500 0.30% 1,000 0.20% 500 0.10% 0 0.00% Red Chris Gibraltar Casino Highland V
Slide 8: District Scale Exploration Opportunity
District Scale Exploration Opportunity L ARGE PIPELINE OF TARGETS IN ONE OF BC’ S MOST PROSPECTIVE COPPER DISTRICTS ✓2022 field program ongoing ✓Over 20 regional targets will be screened and advanced ✓Budgeting up to 22,000m of drill testing 0.40% West Ox Midway Sibola* Seel Breccia Extension Berget
Slide 9: Catalyst Outlook
Catalyst Outlook E XTENSIVE DRILL PROGRAMS | G ENERATIVE PIPELINE | P ROJECT DERISKING ✓Update on regional reconnaissance exploration activities ✓Drill results from Phase 1 exploration drilling at Ootsa area regional targets ✓Drill results from Phase 2 exploration drilling at Berg area regional targ
Slide 10: Thank You
www.surgecopper.com TSXV:SURG Thank You +1 604 718 5454 OTCQX:SRGXF info@surgecopper.com Frankfurt: G6D2 9
Slide 11: Ootsa Mineral Resources (2022)
Ootsa Mineral Resources (2022)1 P IT - CONSTRAINED USING C$8.27/ T NSR CUT - OFF Grade Gross Contained Metal Tonnage Cu Mo Au Ag CuEq Cu Mo Au Ag CuEq (Mt) (%) (%) (g/t) (g/t) (%) (Mlbs) (Mlbs) (Moz) (Moz) (Mlbs) Seel Measured 103.7 0.19 0.014 0.15 2.6 0.36 440 32 0.5 8.7 823 Indicated 276.1 0.16 0.
Slide 12: Berg Mineral Resources (2021)
Berg Mineral Resources (2021)1 P IT - CONSTRAINED USING 0.20% C U E Q CUT - OFF Grade Gross Contained Metal Tonnage Copper Moly Silver CuEq Copper Moly Silver CuEq (Mt) (% Cu) (% Mo) (g/t Ag) (% CuEq) (Mlbs Cu) (Mlbs Mo) (Moz Ag) (Mlbs CuEq) Supergene Measured 86.9 0.41% 0.027% 2.5 0.52% 789 52 6.9
Slide 13: End Notes
End Notes ✦ Except where specified, all occurrences of copper equivalent (“CuEq”) are calculated on a gross in-situ basis, with no adjustments made for recovery, using the following pricing assumptions for copper equivalency: $3.85/lb Cu, $1,750/oz Au, $12.40/lb Mo, $22/oz Ag. ✧ Economic viability c