Surge Copper Corp. to Present at the OTCQB Venture Virtual Investor Conference August 7th
GlobeNewswire News Room·2025-08-06 12:35

Company Overview - Surge Copper Corp. is a Canadian company focused on developing the Berg copper project in British Columbia, which is part of an emerging critical metals district [4] - The company owns a large mineral claim package with multiple advanced porphyry deposits containing resources of copper, molybdenum, gold, and silver [4] Project Highlights - The company holds a 100% interest in the Berg Project, which has a maiden Preliminary Economic Assessment (PEA) announced in June 2023, indicating a large-scale, long-life project with a net present value (NPV) of C$2.1 billion and an internal rate of return (IRR) of 20% based on long-term commodity prices [5] - The PEA is based on long-term prices of US$4.00/lb copper, US$15.00/lb molybdenum, US$23.00/oz silver, and US$1,800/oz gold [5] - The Berg deposit contains NI 43-101 compliant resources categorized as Measured, Indicated, and Inferred [5] Recent Developments - The company has delivered excellent metallurgical test results for the Berg Project to support pre-feasibility advancement [9] - Positive results have been reported from a pre-feasibility level geotechnical drilling program [9] - Surge Copper announced an upsized financing of C$10.4 million to fund engineering, environmental, and early-stage permitting work at the Berg Project, which supports the anticipated delivery of a pre-feasibility study and potential entry into the Environmental Assessment process [9] Upcoming Events - The CEO of Surge Copper, Leif Nilsson, will present live at the OTCQB Venture Virtual Investor Conference on August 7, 2025, from 10:00 am to 10:30 am ET [1] - The event will allow investors to ask questions in real-time, and an archived webcast will be available for those unable to attend live [1]