TSX-V Trading Symbol: SURG Frankfurt Trading Symbol: G6D2
VANCOUVER, BC, April 13, 2021 /PRNewswire/ -- Surge Copper Corp. (TSXV: SURG) (Frankfurt: G6D2) ("Surge" or the "Company") is pleased to announce it has appointed Paul Chawrun and Steve Blower to a technical advisory committee that will assist the Company in planning and executing its exploration and development efforts at the Ootsa and Berg projects.
Leif Nilsson, Chief Executive Officer, commented: "Paul's proven track record in guiding the planning, design, and execution of engineering programs for large, tier-one projects will provide a significant benefit to Surge as we advance our projects. Paul also brings to bear a highly relevant combination of technical and financial experience, as he was front-and-centre on Teranga's acquisition of the Massawa project from Barrick, which leveraged Teranga's infrastructure in the district and unlocked significant synergies, creating a step change in value for all stakeholders. Similarly, as we embark on both late-stage resource drilling activity and regional exploration in the Berg-Huckleberry-Ootsa district, Steve's extensive experience in exploration leadership, including at Huckleberry Mines, will prove invaluable."
Mr. Chawrun most recently served as Chief Operating Officer of Teranga Gold Corp., providing technical leadership to a high-growth business from a single asset producer, through multiple acquisitions, major project construction, and capital project financing, culminating in the sale to Endeavour Mining Corp. Prior to Teranga, Paul served as the Director of Technical Services at Detour Gold Corporation, providing technical leadership of a large capital project from an exploration stage, through project scoping, feasibility, and execution for operational readiness. Through earlier roles at Suncor Energy Inc. and Dynatec Corporation, Paul has significant experience in design and management of tailings facilities, materials handling engineering studies, and strategic mine plan optimization. Paul holds dual degrees in Mining Engineering and Geology from Queen's University and McMaster University, respectively, and an MBA from Athabasca University.
Mr. Blower is a professional geologist with over 25 years of experience in the minerals industry including mine geology, resource estimation, and exploration for a variety of commodities. For the past 15 years, as President and CEO of Pitchstone Exploration Ltd., VP Exploration for Denison Mines Corp., and VP Exploration for IsoEnergy, Ltd., he has led exploration teams that have generated two significant discoveries of high-grade uranium deposits in the Athabasca Basin. Earlier in his career, Mr. Blower served as mine geologist at the Huckleberry and Similco open pit copper mines in British Columbia. Mr. Blower holds a BSc in Geological Sciences from the University of British Columbia and an MSc in Geological Sciences from Queen's University.
About Surge Copper Corp.
The Company owns a 100% interest in the Ootsa Property, an advanced stage exploration project containing the East Seel, West Seel and Ox porphyry deposits located adjacent to the open pit Huckleberry Copper Mine, owned by Imperial Metals. The Ootsa Property contains pit constrained NI 43-101 compliant resources of copper, gold, molybdenum, and silver in the Measured and Indicated categories.
The Company is also earning into a 70% interest in the Berg Property from Centerra Gold. Berg is a large, advanced stage exploration project located 28 km northwest of the Ootsa deposits. Berg contains pit constrained 43-101 compliant resources of copper, molybdenum, and silver in the Measured and Indicated categories. Combined, the adjacent Ootsa and Berg properties give Surge a dominant land position in the Ootsa-Huckleberry-Berg district and control over four advanced porphyry deposits.
On Behalf of the Board of Directors
"Leif Nilsson"Chief Executive Officer
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 contains forward-looking statements, which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "will", "may", "should", "expects", "plans", or "anticipates" or the negative of these terms or other comparable terminology. All statements included herein, other than statements of historical fact, are forward looking statements, including but not limited to the Company's plans regarding the Berg Property and the Ootsa Property. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking-statements. Such uncertainties and risks may include, among others, actual results of the Company's exploration activities being different than those expected by management, delays in obtaining or failure to obtain required government or other regulatory approvals, the ability to obtain adequate financing to conduct its planned exploration programs, inability to procure labour, equipment and supplies in sufficient quantities and on a timely basis, equipment breakdown, impacts of the current coronavirus pandemic, and bad weather. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect the Company's current judgment regarding the direction of its business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggestions herein. Except as required by applicable law, the Company does not intend to update any forward-looking statements to conform these statements to actual results.
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