British Columbia, Canada – Copper Gold Property

Surge Exploration Inc. has entered into a property option agreement with Eastfield Resources Ltd. (“Eastfield”) dated November 14, 2017 (“the Agreement”), whereby the Company may earn an undivided 60% interest in seven mineral tenures covering 2,418 hectares (5,972 acres) located approximately 80 km northeast of the town of Quesnel, BC and 20 km north of the historic gold mining towns of Wells and Barkerville.

Project map

Property Description

The Company has one Copper Gold property in the mining favourable jurisdiction of British Columbia, Canada: the Hedge Hog Property.

 

The Hedge Hog Property is accessed from Quesnel BC by paved Highway 26 to Wells BC. To access the Lottie, the Ketchum Forest Service Road (2400 Road) leaves the highway approximately 23 kilometres west of Wells, at approximately 26 kilometres up (north) the 2400 Road turn east onto the Big Valley road and travel 22 kilometres to the Lottie area. Numerous spur roads offer quad and 4×4 pickup access throughout the Lottie area.

 

Access to the Khan Khan area is north on the Ketchum (2400) road for approximately 47 kilometres from Highway 26 and then southwest on a logging spur for another 11 kilometres to the Khan Khan area (the southwest end of this road was in the process of being deactivated in September 2014).

 

The Golden Sky showing is best accessed from Wells by driving northeast 17.6 kilometres along the Bowron Lake Road, then left onto the Ketchum Forest Service Road (2400 Road) for 22 kilometres, then north on a logging spur for 5 kilometres.

 

The nearest power line in the vicinity of the Hedge Hog project extends along the Bowron Lake Road to service local residents and the Bowron Lake Provincial Park.

 

The Hedge Hog property is comprised of seven MTO mineral tenures covering 2,417.7 hectares (5,972 acres) and is located approximately 80 km northeast of the town of Quesnel, BC and 20 km north of the historic gold mining towns of Wells and Barkerville. The claims are centred on UTM NAD83 Zone 10 co-ordinates 592722E, 5899360N and are 100% owned by Eastfield.

Project Facts

Location:

Total Claims:

Total Area:

Description:

Barkerfield, BC

Seven (7) Mineral Tenures

2,418 hectares (5,972 acres)

  • 20km north of historic gold mining towns, Wells and Barkerville
  • 80km northeast of Quesnel, BC
  • Comprised of seven MTO mineral tenures

Downloads

Hedge Hog Presentation (Download Coming Soon)

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NI 43-101 Technical Report

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The Surrounding Region

The current BC Digital Geology Map (Massey et al) shows Hedge Hog property is underlain by the Antler Formation of the Mississippian to Permian Slide Mountain Terrane which is comprised of ophiolitic rocks, cherts and argillites.

On the western side of the Lottie area, in the vicinity of the placer operation, the Pundata Thrust juxtaposes Slide Mountain Terrane rocks to the east on top of Cariboo Terrane rocks to the west. Lower Mississippian crinoidal limestone of the Greenberv Formation is exposed to the west and Permian to Triassic slates and greywackes are exposed 200 meters northwest of the placer operation, indicating the thrust lies further to the east than previously mapped.

Initial massive sulfide boulders assaying up to 24.3% copper and 19.6 g/t silver found at Lottie in 1998 resulted in the later discovery of sulfide boulders averaging 8.7% copper, 87 ppm zinc, 145 ppm lead with 145 ppb gold and 9.59 g/t silver, found at or near the bedrock interface in test pits and trenches. Massive sulfide mineralization is yet to be located in outcrop however evidence exists for nearby source. Samples collected in 2013 of debris around the reclaimed test pits consisted of quartz chalcopyrite veined silicified volcanic rock and returned analysis of 0.93% and copper 0.34% copper suggesting a VMS source for the mineralization as does sample HH15-Bold collected in 2015 which returned an analysis of 1.11% copper and 5.7% sulfur.

The quartz-pyrite veined silicified rocks outcropping northwest of Lottie resemble footwall alteration around a VMS system. Probable syngenetic pyrite is observed in outcrop near the Lottie placer. Sericite altered basalts and silicified sediments and cherts with narrow quartz sulfide veins are further evidence for VMS style mineralization at Lottie.

Anomalous gold values with quartz pyrite veined argillite occurring adjacent to a felsic dyke is similar to the style of gold mineralization described at Barkerville.

Transaction Details

Surge Exploration Inc. intends to option the Hedge Hog property from Eastfield under the following terms:

(a)           by making payments to the Optionor as follows:

                (i)            $20,000 immediately upon execution of this Agreement; and

                (ii)          $20,000 on the first anniversary of the date of this Agreement;

                (iii)         $30,000 on the second anniversary of the date of this Agreement;

                (iv)         $55,000 on the third anniversary of the date of this Agreement;

                (v)           $100,000 cash and $50,0000 to be paid in equivalent shares or cash on

                                the fourth anniversary of the date of this Agreement; and

                (vi)         $125,000 cash and $100,000 to be paid in equivalent shares *or cash on

                                the fifth anniversary of the date of this Agreement.

Shares shall be valued at the average closing price of the shares for ten business days immediately preceding the anniversary date.

(b)           Incurring Exploration Expenditures on the Property as follows:

                (i)            $100,000 to be spent by the first anniversary of the date of this

                                Agreement;

                (ii)          an additional $300,000 to be spent by the second anniversary of the

                                date of this Agreement;

                (iii)         an additional $500,000 to be spent by the third anniversary of the date

                               of this Agreement;

                (iv)         an additional $600,000 to be spent by the fourth anniversary of the date

                               of this Agreement; and

                (v)           an additional $1,000,000 to be spent by the fifth anniversary of the date

                                 of this Agreement.

2018 Proposed Exploration Program

A two-phase program to explore the Hedge Hog property is recommended.

Phase One Activities:

Prospecting and rock sampling with an estimate 100 rocks and 500 soils collected and analyzed concurrently with excavator trenching and pitting (70 hours).

Phase Two Activities:

10 to 15 diamond drill holes (150 to 200 meters in depth), 2,500 metres total (contingent upon results of Phase I)

Early Exploration History

A rush of exploration in Wells-Barkerville area during the 1980’s and 1990’s focused on the search for Besshi type volcanic massive sulfide (VMS) deposits in Paleozoic aged Slide Mountain rocks with interest fuelled by discoveries in equivalent rocks at the Chu Chua deposit north of Kamloops, BC and the Kudz Ze Kayah, Wolverine and Fyre deposits in the Yukon Territory (much of the Hedge Hog property is underlain by this formation). The well-known placer gold deposits of the Wells/Barkerville area (approximately 4 million ounces historic production) and historic lode gold deposits of this area (approximately 1.2 million ounces historic production) are hosted within meta-sedimentary rocks of the Proterozoic-Paleozoic Barkerville-Kootenay Terrane which structurally underlies the Slide Mountain Terrane and which probably also occurs in fault slices on the Hedge Hog property.

The first recorded exploration near the Hedge Hog claims was completed by a Mr. Ben Gunsen in 1984 and 1985 in the vicinity of Lottie Lake (current Hedge Hog claim) concentrating on finding coarse gold within pyritic rocks.

Two Diamond Drill Holes

In 1998 float interpreted to be volcanic massive sulfide in character was found by prospecting in a roadside ditch approximately 800 meters southwest of Lottie Lake. The float consisted of a small angular boulder of chalcopyrite rich massive sulfide and several larger blocks of mineralized chert and/or silicified volcanic rock. The sulfide boulder graded 24.3% copper and 19.6 g/t silver. Eureka Resources acquired the Lottie project from the prospector in 1999 and conducted soil and till geochemistry, ground electromagnetic and magnetic surveying and backhoe trenching in the general area of the float. The test pitting revealed many more angular blocks of chalcopyrite rich massive sulfide, but its source was not found. Several samples of this material subsequently sampled by Hudson Bay Exploration averaged 8.7% copper, 9.59 grams per ton silver and 145 ppb gold.

Hudson Bay Exploration and Development optioned the property from Eureka Resources in 2000 and conducted bedrock and surficial till mapping, soil, and moss mat geochemistry, trenching, ground geophysics and a four-drill hole (556 metre) program before relinquishing the option in 2001.

In 2001, Eureka identified EM conductors two km south of the Lottie copper float area and completed two diamond drill holes (129 metres) and subsequently concluding that the conductors identified were caused by graphitic sediments.

Recent Exploration History

In 2013, Eastfield following acquisition of the mineral tenure for this area conducted a program of rock and stream sediment sampling. Altered rhyolite (silicified andesite?/basalt?) was confirmed in several float samples in the vicinity of Lottie Lake with the highlights being samples which returned 0.93% and 0.34% copper respectively. Approximately eight kms to the north of Lottie Lake, on a recent logging road, outcropping altered sheared rhyolite was observed and sampled. A grab sample of this material, cross cut by narrow quartz veins, assayed 1.51 g/t gold, 1.37% zinc, 0.48% lead, 1,203 ppm arsenic and 1,313 ppm antimony. The Golden Sky claim, now part of the Hedge Hog Property, was subsequently staked.

In 2014 stream sediment sampling and 6.6 kms of soil sampling at Lottie and 7.4 line kms of sampling over the Golden Sky was followed by 4.7 line kms of reconnaissance induced polarization/resistivity surveying at Lottie Lake. At Lottie, a sample of quartz pyrite veined argillite float/subcrop, returned an analysis of 797.1ppb gold and 550.5ppm arsenic. A broad roughly east-west chargeability high was defined by the induced polarization survey in the area of the Lottie float.

In 2015 further reconnaissance prospecting and mechanical test pitting and trenching was completed in a program in which forty-seven pits were dug with an excavator. Forty-two of the pits encountered bedrock while five did not. One sample of silicic rock was sent for petrographic analysis and determined to be a brecciated latite confirming the presence of volcanic or sub-volcanic rocks in the vicinity of the massive sulfide “boulder field”. Prospecting further still further west of Lottie Lake located silicified and outcropping pyritized altered argillite south of the placer gold mine located in this area.

IP, Ground Mag

In 2014, an IP/Resistivity/Magnetic survey at Lottie and follow up prospecting and mapping at Lottie, Khan Khan and Golden Sky.

Four recognizance lines (4.7 line kilometres) of IP/Resistivity/Magnetics were surveyed along existing logging roads and skid trails at Lottie. The survey covers an area east from the Lottie placer operation and south (upslope) of the Lottie float. A pole-dipole array was used with readings collected at an “a” spacing of 25 metres at “n” separations of 1 to 10 (25/1-10). The on line current electrode was located to the east of the potential electrodes.

Trenching

In 2015 further reconnaissance prospecting and mechanical test pitting and trenching was completed in which forty-seven pits were dug with an excavator. Forty-two of the pits encountered bedrock while five did not reach bedrock. In each case where bedrock was encountered sampling followed.  A total of 48 samples were collected from trenches. Samples were placed in plastic sample bags with individually numbered tags, tag numbers were also written on the sample bags with permanent marker.

Drilling

A four hole, 554.9 metres, NQ core drill program at Lottie was conducted by Hudson’s Bay Exploration in 2000 and an additional 128.7 metres of NQ core in 2001. Drilling encountered sericite altered basalts, silicified sediments and with quartz pyrite and local narrow quartz chalcopyrite veins. Only 6.6 metres of the four Lottie holes was originally sampled with most samples being less than 20 centimetres in length.  

Historical drill core originating from the Hudson’s Bay Exploration and development programs completed in 2000 and 2001 was located and 20 samples collected and analyzed in 2015.

In British Colombia Notices of Work authorizations (Exploration Permits) are required when surface disturbance is a consequence of the exploration activity. A Permit to Work was issued in August 2014 and for trenching and drilling. The 2015 trenching program occurred under the terms of that permit. That permit has now expired (August 15, 2017) and the author does not foresee any abnormal difficulties in applying for or receiving a subsequent permit. A reclamation security bond of $3,500.00 CDN remains in place.

Indian land claims are still unresolved in this area although no settlements, current or historic, or archeologically significant sites, are documented on the claims. There are no known environmental issues concerning the claims which are located entirely on provincially owned land.

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