Surge Copper Corp

Surge Copper Corp. is a Canadian company advancing the pre-feasibility stage Berg Project in central British Columbia — a large-scale, long-life asset with the potential to produce resilient supplies of critical minerals, including copper and molybdenum, plus by-product silver and gold. The Berg Project, for which a maiden Preliminary Economic Assessment was published in June 2023, is located in a safe jurisdiction near world-class infrastructure. The study outlines a simple, scalable project with a base-case after-tax NPV8% of C$2.1 billion and an IRR of 20%, based on long-term prices of $4/lb copper and $15/lb molybdenum,$23/oz silver, and $1,800/oz gold. The deposit hosts NI 43-101 compliant pit-constrained resources in the Measured, Indicated, and Inferred categories. Surge holds a 100% interest in Berg, as well as in the adjacent Ootsa property, an advanced-stage exploration asset hosting the Seel and Ox porphyry deposits and located beside the Huckleberry copper mine & mill complex. Ootsa also contains pit-constrained resources of copper, molybdenum, gold, and silver. With a 141,699 hectare contiguous claim package hosting multiple advanced porphyry systems, Surge is working to unlock a new critical minerals district in a well-developed and infrastructure-rich region of British Columbia. Key shareholders include African Rainbow Minerals Limited, Centerra Gold Inc, and Konwave AG, with Surge’s management and board holding a collective 11% ownership stake.