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$NILIF Surge Battery Metals Signs A Letter of Intent on 16 Lithium Mining Claims in the Nevada San Emidio Desert
Press Release | 01/20/2022
VANCOUVER, BC / ACCESSWIRE / January 20, 2022 / Surge Battery Metals Inc. (the "Company" or "Surge") (TSXV:NILI)(OTC PINK:NILIF)(FRA:DJ5C) is pleased to announce that it has entered into a Letter of Intent dated January 11, 2022 (the "Agreement") to earn an undivided 80% interest in 16 Lithium Mining Claims comprised of 640 acres and located within Nevada's San Emidio Desert (the "Transaction"). These lithium exploration claims, referred to as the "Galt Claim Group", adjoin the Company's existing San Emidio Desert lithium claims. If this interest is successfully acquired by the Company, it will significantly add to Surge's lithium assets in the area.
This Agreement is subject to a standstill clause and an additional due diligence period by both parties ending January 31, 2022 followed by the signing of a Definitive Agreement by February 28, 2022, to be approved by the Vendors (Paul Lechler and John Vandesand) and the Company's Board of Directors.
Terms of the Transaction:
The proposed consideration for the undivided 80% interest in the Galt Claim Group is as follows:
CAD$20,000 to be paid upon the closing of the Transaction;
1,000,000 restricted Company Shares to be issued upon the closing of the Transaction, which shares shall vest and be released as follows: 25% released on the closing of the Transaction, 25% released each three-month period thereafter;
4,000,000 warrants with at an exercise price of CAD$0.30 per Share with a five-year term and vesting on the same schedule as the shares in b) above; and
CAD$10,000 each year on the anniversary of the closing of the Transaction for five years.
The Transaction will be subject to TSX Venture Exchange approval. All securities issued in connection with the Transaction are subject to a four month and a day hold period in accordance with Canadian Securities Laws.
Past Mineral Exploration Activity on the Galt Claim Group
Recent mineral exploration on the Galt Claim Group includes 51 playa sediment samples collected for chemical analysis at ALS Geochemistry in Vancouver, B.C. Results of aqua regia leaching of the samples show 68 - 852 ppm Lithium (mean 365 ppm), 5.3 - 201 ppm Cesium (mean 72 ppm), and 35 - 377 ppm Rubidium (mean 180 ppm). Results from two 7-foot-deep auger holes show Lithium, Cesium, and Rubidium concentrations in the range of 143.5 - 773 ppm Li, 56.8 - 102.5 ppm Cs, and 155 - 272 Rb.
Mr. Greg Reimer, Surge President & CEO, comments "The San Emidio Desert holds great lithium exploration potential due to the geothermal activity in the region. It is the Company's intention to determine the lithium brine and lithium clay potential for all its properties within the San Emidio Desert. Adding the Galt Claim Group to our holdings in the area will significantly add to our overall lithium assets, and we look forward to the conclusion of the review of these lithium claims by our accomplished geological team and Mr. Alan Morris, acting as QP. Alan is an experienced lithium exploration geologist, and is designing a program to explore the set of lithium claims for Surge's shareholders."
https://storage.googleapis.com/accesswire/media/684712/Picture1.jpghttps://storage.googleapis.com/accesswire/media/684712/Picture2.jpg
The San Emidio Desert Region and Summary of Prior Work Completed
Mr. Alan Morris, CPG states "The geologic setting combined with the presence of lithium in both active geothermal fluids and surface salts within the San Emidio Property match characteristics of lithium brine and clay deposits at Clayton Valley, Nevada and in South America. There has been considerable geological, geophysical, and geochemical work done on the eastern margin of the playa here for geothermal energy, however only preliminary work has been done further to the west on the playa proper to fully evaluate the lithium-in-brine, and/or lithium clay potential of the area."
Prior to staking the property in 2011, the vendor of the northern block of the San Emido property, Lithium Corporation, had performed preliminary geological, geochemical, studies on the area. The original geochemical work was comprised of both lithium and lithium associated pathfinder elements in brine and sediment samples. These early campaigns illustrated that lithium mineralization is present in sediments locally often in concentrations of up to several hundred parts per million (ppm), which is in line with that seen in the vicinity of Albemarle's currently producing Clayton Valley lithium brine mine, and Lithium Corporation's Fish Lake Valley lithium-in-brine prospect. Although only limited near surface brine sampling was done at this time, several anomalous lithium samples were recovered. The strongest mineralized sample being in the order of 80 milligrams per litre (mg/L) lithium. These anomalous samples appeared to be aligned in a NW/SE orientation possibly indicating that there may be some structural (fault) control. All were proximal to the loosely defined paleobasinal basement low, as is the case in Clayton Valley. In order to map the basement in greater detail a moderate resolution gravity geophysical survey was then undertaken to better define and understand subsurface geological conditions.
The gravity survey was successful in outlining the basinal low and shed some light on the location, and orientation of some of the bounding faults that have given rise to the subsurface basinal feature. Armed with this information, an application for a permit was made to allow probing of a number of additional shallow targets. The initial probing program was commenced in early February 2012, keying in on an interpreted linear feature (fault) that might be roughly coincident with the gravel road that travels NW-SE from Empire Farms to the US Geothermal plant. The information from this program led to a realignment of the claim block in mid-2012 with a focus on the northern claim blocks.
Qualified Person: The technical contents of this news release has been reviewed and approved by Alan Morris CPG, Elko, Nevada
About Surge Battery Metals Inc. surgebatterymetals.com
The Company is a Canadian-based mineral exploration company active in the exploration for nickel-iron alloy and Copper in British Columbia and lithium in Nevada whose primary listing is on the TSX Venture Exchange. The Company's maintains a focus on exploration for high value battery metals required for the electric vehicle (EV) market.
Nevada Lithium Claims
The Company owns a 100% interest in 95 mineral claims located in Elko County, Nevada. The Northern Nevada Lithium Project is located in the Granite Range about 34 line- km southeast of Jackpot, Nevada, about 73 line-km north-northeast of Wells, Nevada. The target is a Thacker Pass or Clayton Valley type lithium clay deposit in volcanic tuff and tuffaceous sediments of the Jarbidge Rhyolite package. The project area was first identified in public domain stream sediment geochemical data with follow up sediment sampling and geologic reconnaissance.
The Company has entered into a Property Option Agreement to earn an undivided 80% interest in the San Emidio Desert Lithium Project, subject to a 2% NSR, located 60 miles Northeast of Reno, Nevada from Lithium Corporation (LTUM). The San Emidio Desert Lithium Project consists of 60 mineral claims comprising a total of 4,800 acres and is located in the San Emidio Desert.
Nickel Projects, Northern BC
The Company has entered into a Property Option Agreement to earn an undivided 80% interest in certain mineral claims from Nickel Rock Resources Inc.
The Surge Nickel Project consists of two non-contiguous mineral claims groups consisting of 6 mineral claims in the Mount Sidney Williams area (HN4) covering 1863 hectares immediately south of and adjacent to the Decar Project and the Mitchell Range area (N100) covering 8659 hectares, located in Northern British Columbia. Three of the claims are subject to 2% NSR, including the (HN4 claim and the two southernmost claims of the N100 claims).
The exploration stage project is in the Trembleur Lake area of central British Columbia, partially adjacent to FPX Nickel Corp.'s Decar Nickel Project, which is an advanced project targeting awaruite, a nickel-iron alloy mineral, hosted by serpentinized ultramafic intrusive rocks of the Trembleur Ultramafic Unit.
Caledonia Project, Vancouver Island, BC
The Company has entered into a Property Option Agreement to acquire a 100% interest in 7 mineral claims including the Caledonia, Cascade and Bluebell claims, subject to a NSR between 1-2%. Located in the Nanaimo Mining Division on northern Vancouver Island. The claims are 7 km north-west of BHP's past producing Island Copper mine. During its prime operating period the Island Copper mine was Canada's third-largest copper producer. The Caledonia Project claims area lies within a 50-kilometer-long copper belt northwest of the Island Copper mine.
On Behalf of the Board of Directors
"Greg Reimer"
Greg Reimer, President & CEO
604-428-5690
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 forwardlooking 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 forwardlooking. Forwardlooking statements are not guaranteeing 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 forwardlooking statements.
SOURCE: Surge Battery Metals Inc.
View source version on accesswire.com:
https://www.accesswire.com/684712/Surge-Battery-Metals-Signs-A-Letter-of-Intent-on-16-Lithium-Mining-Claims-in-the-Nevada-San-Emidio-Desert
$NILIF Surge Battery Metals Announces Staking of a New Lithium Property in Teels Marsh, Nevada
Press Release | 01/06/2022
VANCOUVER, BC / ACCESSWIRE / January 6, 2022 / Surge Battery Metals Inc. (the "Company" or "Surge") (TSXV:NILI)(OTC PINK:NILIF)(FRA:DJ5C) is pleased to announce that it has recently staked a 663 ha. (1,640 acres) property in the Teels Marsh Playa, Mineral County, Nevada. The property is located in an active region for both lithium exploration and production, about 84 km northeast of Albemarle's (ALB) Silver Peak brine mining operation in a similar geologic setting, and adjoining the Dajin Lithium Corp's (DJI) Teels Marsh Lithium project on the southwestern edge of the playa.
To date, limited exploration has been conducted on the property including a gravity survey and various lithium brine and sediment samples. Playa sediment samples from the property have shown lithium values to 104.5 ppm Li and nearby hot springs sediments have been found to carry up to 500 ppm Li values during sampling.
The property covers two sub-basins and a connecting buried paleo-channel defined in a detailed gravity survey conducted in 2020. These features may contain trapped lithium rich brines or volcanic ash aquifers similar to the Clayton Valley deposit setting.
Surge plans to conduct additional exploration this spring designed to identify sites for drill tests and plans to review all previous exploration results on the Teels Marsh West Project, including other potential sites in the vicinity. This will be accomplished in early 2022, in order to guide a Spring/Summer 2022 exploration program aimed at locating lithium bearing montmorillonite clay deposits and lithium rich brines within the basins.
Metallurgical testing of montmorillonite clay, a non-Hectorite clay, in nearby Clayton Valley indicates low-cost processing can be achieved by leaching with low acid consumption (125 kg/t) and high lithium recovery over 85 per cent Li. These high extractions prove that the dominant lithium-bearing minerals present are not hectorite, a refractory clay mineral which requires roasting and/or high acid consumption to liberate the lithium. (Refer to Cypress Development's Pre-Feasibility Study on Clayton Valley Lithium Project).
About Teels Marsh West:
Shallow auger holes and drill-holes (<60 m) show that unconsolidated basin fill deposits include clays, clastic rocks silts and sands), evaporate deposits, and volcanic ash. With the exception of clays, these rocks represent potential sources of permeability. Volcanic ash beds could host significant zones of permeability, due to the relative proximity of Teels Marsh to young volcanic centers at Mono Craters (near Mono Lake) and Long Valley, California, both located approximately 70 km to the southwest. These ash layers have proven to be the most productive brine sources in Clayton Valley (an active geothermal area).
The Bishop Tuff, which is believed to represent an important zone of permeability at Clayton Valley, (80 km to the SE of the only North American lithium brine deposit which is being mined by Rockwood Lithium Inc.) is likely present in the subsurface at Teels Marsh.
Direct evidence of an active geothermal system in the Teels Marsh area has recently been gathered by researchers at the Nevada Bureau of Mines and Geology, University of Nevada, Reno and the Desert Research Institute. This evidence comes from mapping anomalously high temperatures at a depth of only 2 meters below the basin surface: these temperatures are as high at 35C compared to background temperatures of approximately 16-18C. The temperature anomalies occur in two separate zones, both of which are adjacent to a Quaternary fault on the western margin of Teels Marsh basin. The two temperature anomalies have a combined strike length parallel to the fault of almost 4 km. A USGS geochemical survey conducted in 1976 reported lithium values as high as 850 ppm from samples taken from springs marginal to these fault structures.
Mr. Greg Reimer, Company President & CEO states "The area is getting a lot of attention as EV battery production builds up in Nevada and globally. This particular property has recently become available for staking and Surge's Nevada-based QP, Mr. Alan J. Morris CPG, is familiar with both the property and area having worked in this immediate area in the past. This project is adjacent to the Dajin Lithium Corp's Teels Marsh project which comprises a land position of 3,202 hectares and 403 Placer claims. Dajin has worked extensively on their claims having completed the construction of the engineered roads and drill pads in preparation for the drilling of four production sized exploration wells. This is a highly prospective lithium property, and we look forward to continuing to increase the value of our strategic lithium exploration assets in Nevada, for the benefit of all our shareholders."
Qualified Person
The technical content of this news release has been reviewed and approved Alan J Morris, CPG, the project geologist and Qualified Person on the Teels Marsh West Project.
About Surge Battery Metals Inc. surgebatterymetals.com
The Company is a Canadian-based mineral exploration company active in the exploration for nickel-iron alloy and Copper in British Columbia and lithium in Nevada whose primary listing is on the TSX Venture Exchange. The Company's maintains a focus on exploration for high value battery metals required for the electric vehicle (EV) market.
Nevada Lithium Claims
The Company owns a 100% interest in 95 mineral claims located in Elko County, Nevada. The Northern Nevada Lithium Project is located in the Granite Range about 34 line- km southeast of Jackpot, Nevada, about 73 line-km north-northeast of Wells, Nevada. The target is a Thacker Pass or Clayton Valley type lithium clay deposit in volcanic tuff and tuffaceous sediments of the Jarbidge Rhyolite package. The project area was first identified in public domain stream sediment geochemical data with follow up sediment sampling and geologic reconnaissance.
The Company has entered into a Property Option Agreement to earn an undivided 80% interest in the San Emidio Desert Lithium Project, subject to a 2% NSR, located 60 miles Northeast of Reno, Nevada from Lithium Corporation (OTCQB: LTUM). The San Emidio Desert Lithium Project consists of 60 mineral claims comprising a total of 4,800 acres and is located in the San Emidio Desert.
Nickel Projects, Northern BC
The Company has entered into a Property Option Agreement to earn an undivided 80% interest in certain mineral claims from Nickel Rock Resources Inc.
The Surge Nickel Project consists of two non-contiguous mineral claims groups consisting of 6 mineral claims in the Mount Sidney Williams area (HN4) covering 1863 hectares immediately south of and adjacent to the Decar Project and the Mitchell Range area (N100) covering 8659 hectares, located in Northern British Columbia. Three of the claims are subject to 2% NSR, including the (HN4 claim and the two southernmost claims of the N100 claims).
The exploration stage project is in the Trembleur Lake area of central British Columbia, partially adjacent to FPX Nickel Corp.'s Decar Nickel Project, which is an advanced project targeting awaruite, a nickel-iron alloy mineral, hosted by serpentinized ultramafic intrusive rocks of the Trembleur Ultramafic Unit.
Caledonia Project, Vancouver Island, BC
The Company has entered into a Property Option Agreement to acquire a 100% interest in 7 mineral claims including the Caledonia, Cascade and Bluebell claims, subject to a NSR between 1-2%. Located in the Nanaimo Mining Division on northern Vancouver Island. The claims are 7 km north-west of BHP's past producing Island Copper mine. During its prime operating period the Island Copper mine was Canada's third-largest copper producer. The Caledonia Project claims area lies within a 50-kilometer-long copper belt northwest of the Island Copper mine.
On Behalf of the Board of Directors
"Greg Reimer"
Greg Reimer, President & CEO
604-428-5690
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 forwardlooking 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 forwardlooking. Forwardlooking statements are not guaranteeing 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 forwardlooking statements.
SOURCE: Surge Battery Metals Inc.
$NILIF Surge Battery Metals Announces Preliminary Results from its Lithium Exploration Programs in Northern Nevada
Press Release | 12/31/2021
VANCOUVER, BC / ACCESSWIRE / December 31, 2021 / Surge Battery Metals Inc. (the "Company" or "Surge") (TSXV:NILI)(OTC PINK:NILIF)(FRA:DJ5C) is pleased to announce the completion of a weather-shortened soil sampling program on their Northern Nevada Lithium Project (NNLP) in Elko County, Nevada.
A four-person crew provided by Rangefront Exploration collected 445 samples at 100 meter and 50-meter spacing on lines spaced 100 meters apart. The project was initially planned at 1,000 samples but due to delays from Covid issues and crew availability, the start of full scale sampling was delayed until November 29, 2021. Subsequent snowfall in early December and subsequent storms ended the sampling program early for this winter season. The Company plans are to resume this exploration program when ground conditions permit in the spring of 2022.
Initial exploration soil samples were delivered the ALS Global sample preparation facility (Elko, Nevada) on December 20, 2021.
The soil sampling program was designed to follow up on lithium values up to 1,980 ppm Li in stream sediments collected in the district by their Nevada-based geologist. High lithium values ( 74.8 and 780 ppm Li) in a public US Geological Survey database led the geologist to the drainage where the follow up samples were taken. Currently, the Northern Nevada Lithium Project consists of 95 unpatented lode claims covering about 770 Ha. The geology is a series of air fall and water lain tuffs covered by a resistant layer of welded ash flow tuff. The target for the NNLP is lithium rich claystone or hydrothermally altered ash and ashy sediments.
Planned follow up exploration work in 2022 will be results based and includes finishing the planned soil sampling program with geologic mapping and rock sampling leading to defining drill targets.
Alan J. Morris of Spring Creek, Nevada is the qualified person for Surge Battery Metals and has approved the technical aspects of this news release.
Surge Battery maintains its primary listing as a Tier 2 Issuer on the TSX Venture Exchange and trades under the symbol NILI. At the request of the Company, the OTC Markets have approved Surge Battery to trade on the Pink Markets effective December 30, 2021 under the symbol NILIF. The Company also is also listed in Mergent Manuals and News Reports and trades on the Frankfurt Stock Exchange under the symbol FRA:DJ5C.
About Surge Battery Metals Inc. surgebatterymetals.com
The Company is a Canadian-based mineral exploration company active in the exploration for nickel-iron alloy and Copper in British Columbia and lithium in Nevada whose primary listing is on the TSX Venture Exchange. The Company's maintains a focus on exploration for high value battery metals required for the electric vehicle (EV) market.
Nevada Lithium Claims
The Company owns a 100% interest in 95 mineral claims located in Elko County, Nevada. The Northern Nevada Lithium Project is located in the Granite Range about 34 line- km southeast of Jackpot, Nevada, about 73 line-km north-northeast of Wells, Nevada. The target is a Thacker Pass or Clayton Valley type lithium clay deposit in volcanic tuff and tuffaceous sediments of the Jarbidge Rhyolite package. The project area was first identified in public domain stream sediment geochemical data with follow up sediment sampling and geologic reconnaissance.
The Company has entered into a Property Option Agreement to earn an undivided 80% interest in the San Emidio Desert Lithium Project, subject to a 2% NSR, located 60 miles Northeast of Reno, Nevada from Lithium Corporation (OTCQB: LTUM). The San Emidio Desert Lithium Project consists of 60 mineral claims comprising a total of 4,800 acres and is located in the San Emidio Desert.
Nickel Projects, Northern BC
The Company has entered into a Property Option Agreement to earn an undivided 80% interest in certain mineral claims from Nickel Rock Resources Inc.
The Surge Nickel Project consists of two non-contiguous mineral claims groups consisting of 6 mineral claims in the Mount Sidney Williams area (HN4) covering 1863 hectares immediately south of and adjacent to the Decar Project and the Mitchell Range area (N100) covering 8659 hectares, located in Northern British Columbia. Three of the claims are subject to 2% NSR, including the (HN4 claim and the two southernmost claims of the N100 claims).
The exploration stage project is in the Trembleur Lake area of central British Columbia, partially adjacent to FPX Nickel Corp.'s Decar Nickel Project, which is an advanced project targeting awaruite, a nickel-iron alloy mineral, hosted by serpentinized ultramafic intrusive rocks of the Trembleur Ultramafic Unit.
Caledonia Project, Vancouver Island, BC
The Company has entered into a Property Option Agreement to acquire a 100% interest in 7 mineral claims including the Caledonia, Cascade and Bluebell claims, subject to a NSR between 1-2%. Located in the Nanaimo Mining Division on northern Vancouver Island. The claims are 7 km north-west of BHP's past producing Island Copper mine. During its prime operating period the Island Copper mine was Canada's third-largest copper producer. The Caledonia Project claims area lies within a 50-kilometer-long copper belt northwest of the Island Copper mine.
On Behalf of the Board of Directors
"Greg Reimer"
Greg Reimer, President & CEO
604-428-5690
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 forwardlooking 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 forwardlooking. Forwardlooking statements are not guaranteeing 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 forwardlooking statements.
SOURCE: Surge Battery Metals Inc.
View source version on accesswire.com:
https://www.accesswire.com/680323/Surge-Battery-Metals-Announces-Preliminary-Results-from-its-Lithium-Exploration-Programs-in-Northern-Nevada
4 October, 2021 Surge Battery Metals Receives Approval for Nevada Lithium Project
https://www.rumbominero.com/canada/surge-battery-metals-recibe-aprobacion-para-proyecto-de-litio-en-nevada/
$NILIF up 15% in past 5 days of trading off of 4 great news releases. Bullish interview on SmallCapVoice.com!
https://bit.ly/3tDSxKg
New Client Alert: (OTCQB: $NILIF) Surge Battery Announces US Trading on the OTCQB https://prn.to/3yHJPMl
SURJF changed to NILIF:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Surge Exploration Inc. changed to Surge Battery Metals Inc.:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
SURJF one for 10 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
We're still here..just not much happening at the moment. The "stock promotion" warning at OTC Markets recently kind of put the hurt on the share price.
Surge Successfully Sells its Trapper Lake Land Positions to Brixton Metals
$SURJF Tier Change= OTCQB to Pink Current
https://www.otcmarkets.com/stock/SURJF/disclosure
$SURJF. Surge Exploration drill hole results are pulling up:
Au, Cu, Ag, and Co
Just a matter of time before massive Li vein is hit, or many other heavy metals. Easily 14 valuable metals to strike
The Cobalt is definitely the motivating factor there.
Surge Acquires an Option to Purchase a 100% Interest in a Polymetallic Silver, Copper, Lead, Zinc Deposit in British Columbia Canada
•October 17, 2019
SURJF has the option to earn a 60% interest in two principal cobalt properties, The Teledyne Cobalt Property and the Glencore Bucke Cobalt Property, in the mining favorable jurisdiction of Ontario, Canada.
https://surgeexploration.com/projects/ontario/
SURJF is a Canadian-based mineral exploration company which has been active in the resource sector in British Columbia and elsewhere in Canada.
SURJF Shareholders Vote Of Confidence - Warrants Exercised https://www.barchart.com/story/stocks/quotes/surjf/overview/3351103/surge-shareholders-vote-of-confidence-warrants-exercised
Surge Exploration Inc. is a TSX Venture Exchange Tier 2 Mining Exploration Company with head offices located in Vancouver, Canada.
SURJF
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.
SURJF
Wow, check out the latest news release on Brixton Metals
https://www.otcmarkets.com/stock/BBBXF/news/Brixton-Metals-Drills-55470mof-197-gt-AuEq-Including-13596m-of-135-gt-Au-031-Cu-13362-gt-Ag-or-500-gtAuEq-Including-6m?id=234165
SURJF
Tim Fernback, Surge CEO stated “We are very excited to acquire these key additional mineral claims in the Omineca Region. This area has already generated several promising projects and is the subject of significant interest and exploration expenditure in 2019 with recent discoveries by Sun Metals, Teck Resources, Centerra Gold and Serengeti Resources. Furthermore, this region is host to numerous operating mines, good infrastructure including experienced exploration and supporting services. Our exploration team believes that this land package is strategically situated to exploit the high copper-gold values of the region.”
https://www.otcmarkets.com/stock/SURJF/news/Surge-Acquires-Additional-Copper-Gold-MineralClaims-Adding-to-its-Sizeable-Land-Position-in-British-Columbia?id=227115
SURJF
Take a look at their projects: https://surgeexploration.com/projects/bc-hedge-hog/
SURJF
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.
#7 Good for Surge Exploration Inc. Brixton just struck gold in the area!
https://www.otcmarkets.com/stock/SURJF/news/Surge-Acquires-Strategic-LandPositions-Adjacent-to-the-Thorn-Project-of-Brixton-Metals?id=234365
https://www.otcmarkets.com/stock/BBBXF/news/Brixton-Metals-Drills-55470mof-197-gt-AuEq-Including-13596m-of-135-gt-Au-031-Cu-13362-gt-Ag-or-500-gtAuEq-Including-6m?id=234165
SURJF
The company has Copper-Gold mineral claims totaling 26,455 hectares (265 sq. km) in the area. 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 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.
https://www.otcmarkets.com/stock/SURJF
SURJF
CEO stated “We are very excited to acquire these key additional mineral claims in the Omineca Region. This area has already generated several promising projects and is the subject of significant interest and exploration expenditure in 2019 with recent discoveries by Sun Metals, Teck Resources, Centerra Gold and Serengeti Resources. Furthermore, this region is host to numerous operating mines, good infrastructure including experienced exploration and supporting services. Our exploration team believes that this land package is strategically situated to exploit the high copper-gold values of the region.”
https://www.otcmarkets.com/stock/SURJF/news/Surge-Acquires-Additional-Copper-Gold-MineralClaims-Adding-to-its-Sizeable-Land-Position-in-British-Columbia?id=227115
SURJF
7 Day Average Directional Indicator is a BUY
SURJF
strong buy rating here: https://www.barchart.com/stocks/quotes/SURJF/overview
$SURJF
Once all historical exploration data has been assembled and compiled management will announce a summer evaluation program. The project was acquired 100% for staking costs of approximately $40,000. SURJF
$SURJF owns a 100% interest in the Omineca Group of 12 claim blocks (see map) 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.
It was noted in the latest press release that 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 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.
SURJF
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