Surge Copper Corp (TSXV: SURG) this morning released some impressive assay results from its wholly owned Ootsa Property in British Columbia. The highlight result from the drill program conducted by the company includes 830 metres of 0.38% copper equivalent, including 170 metres of 0.47% copper equivalent.
The drill results come from the firms West Seel deposit on the property, where the company is conducting step out drilling to determine the margins of the deposit. A total of eight holes were released this morning, all of which focused on identifying the outer margins of the deposit.
Highlights from the results include:
- S21-240: 830.0 metres of 0.38% copper equivalent, consisting of 0.18% copper, 0.12 g/t gold, 0.022% molybdenum, and 2.1 g/t silver
- S21-233: 395.5 metres of 0.35% copper equivalent, consisting of 0.17% copper, 0.08 g/t gold, 0.028% molybdenum, and 1.8 g/t silver
- S21-231: 378.0 metres of 0.40% copper equivalent, consisting of 0.18% copper, 0.17 g/t gold, 0.013% molybdenum and 2.1 g/t silver
Two of the eight holes released this morning did not intersect significant mineralization, providing the company with a sense of the limit of mineralization in those areas.
The company also indicated that it has completed its winter 2021 drill program, which saw a total of 27 holes drilled over 20,028 metres. A total of 8 holes are still pending results. Drilling is to resume later this month in a drill program has seen details yet to be released.
Surge Copper last traded at $0.44 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
