British Columbia, Canada – Copper Gold Property “Mineral Mountain”

Surge 100% owns a group of claim blocks comprising 19,655 hectares (197 sq km) located in North Central British Columbia approximately 15 km north of Fort St. James. The region is host to numerous operating mines, good infrastructure including experienced exploration and supporting services.  The claims are not subject to any royalty terms, back-in rights, payments or any other agreements and encumbrances.

Surge announced on May 6, 2019 that has acquired a 100% interest in four additional claims adjoining its Copper Porphyry Mineral Claims located in North Central BC by entering into a Purchase and Sale Agreement with Venture Capital IQ to acquire the additional claims.  The Agreement is subject TSX Venture Exchange approval.

 

 

Project map

Property Description

The Omineca Group of 12 claim blocks (see map) lie in the Omineca Mining Division of north-central British Columbia, approximately 150 km north of Fort St. James.  The claims are not subject to any royalty terms, back-in rights, payments or any other agreements and encumbrances.

B.C. Minfile assessment report data indicates that most of the area covered by the Omineca Group claim blocks were at one time or another covered by staking during surges of exploration in B.C. dating from the 1940’s to present day.  Largely the claims appear to have been minimally explored with little follow-up. However, some work was recorded on several claims with results for stream sediment sampling showing anomalous to highly anomalous results for gold in a few areas.  These areas were recommended for detailed follow-up, however due to a previous commodity price downturn no further work was recorded.

Prominent among early discoveries in the Omineca region were the nearby Lustdust/Stardust property (Sun Metals Corp. TSXV: SUNM) covering a large, coherent integrated porphyry-skarn-manto, epithermal system; the Kwanika property (Serengeti Resources Inc./POSCO Daewoo TSXV: SIR) a promising advanced stage copper-gold project; the Lorraine property (Teck Resources and Sun Metals) host to a significant coppergold NI 43-101 compliant resource.  The Surge tenures are located between the Kemess North project being developed by Centerra Gold’s subsidiary Aurico Metals and Centerra Gold’s operation Mt Milligan mine.

Project Facts

Location:

Total Claims:

Total Area:

Description:

North Central British Columbia

Twelve ( 12 ) Mineral Claims

26,455 hectares (265 sq km)

  • The Omineca Group of 12 claim blocks lie in the Omineca Mining Division of north-central British Columbia.
  • 150 km north of Fort St. James.

Downloads

"Mineral Mountain" Presentation (Download Coming Soon)

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43-101 Technical Report

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The Surrounding Region

Prominent among early discoveries in the Omineca region were the nearby Lustdust/Stardust property (Sun Metals Corp. TSXV: SUNM) covering a large, coherent integrated porphyry-skarn, epithermal system; the Kwanika property (Serengeti Resources Inc./POSCO Daewoo TSXV: SIR) a promising advanced stage copper-gold project; the Lorraine property (Lorraine Copper Corp. TSXV: LLC) host to a large copper/gold NI 43-101 compliant resource.

The properties are approximately 150 km north of Fort St. James and are accessible by good infrastructure, including experienced exploration and supporting services.

 

Transaction Details

The Company will pay Venture Capital IQ Inc. $40,000 upon signing the Agreement and issue 1,000,000 fully paid and non-assessable common shares in the capital of Surge upon Exchange approval.

All shares issued are subject to a four month and a day hold period in accordance with applicable securities laws.

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