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Surge Copper Corp.
Summary
| Project: | Ootsa | |
|---|---|---|
| Deposit: | Ootsa | |
| Location: | Canada | |
| Commodities: | Copper-Molybdenum-Gold-Silver | |
| Date: | 11/20/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 20-11-2018: Surge Copper Corp. announces an Exploration/Drilling Update report for its Ootsa deposit at the Ootsa project. Drilling results incl. 2m @ 9.4g/t Au, 1.90g/t Ag from 130.0m. November 20, 2018: Vancouver, British Columbia: Surge Copper Corp. (t | |
| Resources: | (Resource, M+I): 224.2Mt @ 0.37% CuEq, 0.22% Cu, 0.15g/t Au, 0.021% Mo, 2.8g/t Ag | |
| CP/QP: | [Overall Report]: Shane Ebert (Internal) | |
| ABSTRACT: | November 20, 2018: Vancouver, British Columbia: Surge Copper Corp. (the “Company”) (SURG: TSX-V) is pleased to announce drilling east of the East Seel deposit has intersected gold mineralization along a large extensional fault zone on the Ootsa Property. The Ootsa Property is an advanced stage copper-gold exploration project containing the East Seel, West Seel, and Ox porphyry deposits, and is located adjacent to the Huckleberry Copper Mine in British Columbia. Assay results have been received for holes S18-216 and 217 which tested the north trending Damascus Horst structure (uplifted fault block) located between the East Seel and Damascus deposits. The Damascus Horst can be traced for over 3 kilometres across the Ootsa Property and is bound by extensional faults, with the West Damascus Fault defining the west boundary of the horst structure, and the East Damascus Fault defining the east boundary. High grade gold mineralization has been intersected along the West Damascus Fault in hole S18-217, which returned 9.4 g/t Au over 2 metres at 130 metres depth. Hole S18-216 also intersected the West Damascus Fault roughly 150 metres down dip from Hole S18-217, returning 0.6 g/t Au over 2 metres. A cross section showing holes S18-216 and 217 is available here. A drill hole location map is available in the map gallery on our website at www.surgecopper.com. High grade silver vein mineralization at the Damascus zone is located 900 metres east of hole S18-217, on the east side of the horst structure associated with the East Damascus Fault. Holes S18-216 and 217 also intersected zones of anomalous copper and gold mineralization in the footwall of the West Damascus Fault within the Damascus Horst. Mineralization is associated with narrow zones of altered porphyritic intrusive rock and includes 6 metres | |
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