VANCOUVER, British Columbia,
Aug. 13, 2019 /CNW/ -- Surge
Exploration Inc. ("the Company" or "Surge") (TSXV: SUR) (OTC:
SURJF) (FRA: DJ5C) is pleased to congratulate neighbouring
company, Sun Metals Corp. for its recently announced positive
drill results on its Stardust claim in the Omineca Mining
District. Sun Metals released today that the first three
holes reported from Stardust have all intersected significant
copper gold mineralization. Sun Metals believes the results confirm
continuity of mineralization down dip and to the south from drill
hole DDH18-SD-421, the initial discovery hole in the 421 zone
Sunmetals News Aug 13, 2019.
Tim Fernback, Surge CEO states,
"We are very happy to hear the positive results achieved from the
recent mineral exploration & drilling program completed by Sun
Metals on its Stardust claim. Surge management are big
believers in the region and this is a testament to the good results
that are potential in this prolific gold and copper region.
We look forward to hearing more news from the neighbouring Stardust
deposit and Kwanika deposit which is explored by Serengeti
Resources Inc. and POSCO Daewoo."
Surge acquired a 100% interest in 12 mineral claims which is a
sizable land position within British
Columbia's prolific Omineca Mining District. Surge now
has Copper-Gold mineral claims totalling 26,455 hectares (265 sq
km) in the area.
About the Property
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.) covering a
large, coherent integrated porphyry-skarn-manto, epithermal system;
the Kwanika property (Serengeti Resources Inc./POSCO Daewoo) a
promising advanced stage copper-gold project; the Lorraine property
(Teck Resources and Sun Metals) host to a significant copper-gold
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.
About Surge Exploration Inc.
The Company is a Canadian-based mineral exploration company
which has been active in the resource sector in British Columbia and elsewhere in
Canada.
Golden Triangle – Trapper Lake Property (Copper Gold),
British Columbia
The Company owns 100% interest in the Golden Triangle – Trapper
Lake Group of 14 mineral claims which are located in the prolific
Golden Triangle Region of northwestern British Columbia approximately 90 km ENE
from Juneau, Alaska. Surges' staking program acquired an area
of 213 sq. km within the regionally important geological and
structural trend. A large portion of the new property is adjacent
to the Thorn Project owned by Brixton Metal's Corp.
("Brixton") with the balance covering prospective open
ground containing numerous B.C. Minfile showings with Cu, Ag, Au
values adjoining the boundaries of the Golden Bear Mine of Chevron
Resources, a 480,000 oz Au past producer.
In Brixton's news release dated July 15,
2019 (Brixton News Release), they reported results from
drill hole THN19-150, which was drilled to 829.06 metres depth at
the Oban diatreme breccia pipe within the Camp Creek copper
corridor. Brixton reported a drill hole intercept of 1.97
grams per tonne gold equivalent across 554.70 meters including
135.96M of 1.35 g/t Au, 0.31 Cu,
133.62 g/t Ag or 5.00 g/t Aueq including 6M of 3.56% Cu, 3.37 g/t Au, 257.77 g/t Ag.
Structural mapping and soil-rock geochemistry at the Chivas
zone and relogging of select core from the Glenfiddich zone were
also conducted as part of the overall exploration program at the
Thorn Project.
Mineral Mountain Properties (Copper Gold) British Columbia
The Company owns a 100% interest in the Omineca Group of 12
claim blocks which are located 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.)
covering a large, coherent integrated porphyry-skarn-manto,
epithermal system; the Kwanika property (Serengeti Resources
Inc./POSCO Daewoo) a promising advanced stage copper-gold
project; the Lorraine property (Teck
Resources and Sun Metals) host to a
significant copper gold 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.
Hedge Hog Property, (Copper Gold) British Columbia
The Company has an option to earn an undivided 60% interest
seven mineral tenure 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.
Ontario Cobalt Properties (Cobalt) Ontario
The Company has an option to earn an undivided 60% interest in
the Glencore Bucke Property and the Teledyne Property, located in
Cobalt, Ontario Canada.
On Behalf of the Board of Directors
"Tim Fernback"
Tim Fernback
President & CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release may contain forward‐looking statements
which include, but are not limited to, comments that involve future
events and conditions, which are subject to various risks and
uncertainties. Except for statements of historical facts, comments
that address resource potential, upcoming work programs, geological
interpretations, receipt and security of mineral property titles,
availability of funds, and others are forward‐looking.
Forward‐looking statements are not guarantees of future performance
and actual results may vary materially from those statements.
General business conditions are factors that could cause actual
results to vary materially from forward‐looking statements.
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Suite 1220 ‐ 789 W Pender Street
Vancouver, BC V6C 1H2
Telephone: +1-(778) 945-2656
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SOURCE Surge Exploration Inc.
