Surge Copper Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Leif Nilsson
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 700 West Georgia Street Vancouver BC Canada V7Y 1G5
- IPO Date
- Aug 17, 2012
- CIK
- 0001644540
- Website
- surgecopper.com
- Similar Companies
- Business
- Surge Copper Corp. (TSXV:SURG; OTCQB:SRGXF) engages in the acquisition, exploration and development of mineral properties in British Columbia, Canada, primarily targeting copper-molybdenum-gold-silver porphyry deposits critical to the low-carbon energy transition. The company owns 100% interest in the Berg Project, a large-scale, long-life development asset with pit-constrained NI 43-101 compliant resources of copper, molybdenum, silver and gold, as outlined in its June 2023 preliminary economic assessment featuring an NPV8% of C$2.1 billion and 20% IRR at long-term metal prices; and the adjacent Ootsa Property encompassing the advanced-stage Seel and Ox deposits with similar pit-constrained resources of copper, gold, molybdenum and silver, all situated within a 125,499-hectare contiguous land package near substantial infrastructure including the Huckleberry Mine and Mill complex, a hydropower station, natural gas pipeline and forestry operations. Incorporated in 1965 and headquartered at 700 West Georgia Street, Suite 888, Vancouver, British Columbia, Surge Copper advances these projects in a safe jurisdiction supported by roads, power and ports. Recent developments include a C$3.8 million strategic investment in April 2024 by African Rainbow Minerals Limited (JSE:ARI), which acquired a 15% stake through its subsidiary ARM Copper Company Proprietary Limited and subsequently exercised top-up rights in July 2024 to purchase additional shares for C$237,353; the closing of a related C$3.9 million private placement in May 2024 alongside commencement of the Berg Pre-Feasibility Study metallurgical test program; renewal of its communications and engagement agreement in July 2024 with the Office of the Wet’suwet’en and Thin House of the Gilseyhu Clan; completion of trade-off studies for the Berg PFS by November 2025 with finalized decisions on throughput and power; and December 2024 acquisition of an option for key tenements adjacent to Berg, plus high-grade drill intercepts such as 320 metres grading 0.46% CuEq from 10 metres depth in November 2024 and 412 metres grading 0.40% CuEq in October 2024.
Surge Copper Launches Comprehensive 2026 Field Program at the Berg Copper Project
Surge Copper Launches Comprehensive 2026 Field Program at the Berg Copper Project
Surge Copper Announces Results of Berg Pre-Feasibility Study with After-Tax NPV8% of C$4.6 billion and 24% IRR
Surge Copper Announces Results of Berg Pre-Feasibility Study with After-Tax NPV8% of C$4.6 billion and 24% IRR
Surge Copper Announces Adoption of Shareholder Rights Plan
Surge Copper Announces Adoption of Shareholder Rights Plan
Surge Copper Announces Closing of Final Tranche of $20 Million Private Placement
Surge Copper Provides Corporate and Operational Update
African Rainbow Minerals Limited to Acquire Shares of Surge Copper Corp.
Surge Copper Announces Closing of First Tranche of $20 Million Private Placement
Surge Copper Announces Berg Project Acceptance into BC Critical Minerals Office
Surge Copper Announces Upsize of Private Placement to $20 Million
Surge Copper Announces $15 Million Private Placement to Advance Berg Project
Surge Copper Appoints Jennifer Anthony as Vice President, Environment and Regulatory Affairs
Surge Copper Advances Berg Toward Pre-Feasibility with Successful 2025 Drilling and Data Validation Program
Surge Copper Advances Berg Project Pre-Feasibility Study
Surge Copper Highlights Strengthening Policy Environment for Critical Minerals Development in Canada
Surge Copper Announces Grant of Long-Term Equity-Based Incentive Awards
Surge Copper Announces Closing of Strategic Private Placement with African Rainbow Minerals Limited
Surge Copper Provides Corporate and Operational Update