BERG | Jotup

Surge Copper Outlines Pre-Feasibility Technical Work Programs at Berg and Announces Additional Private Placement for up to $1.0 million

Retrieved on:

Wednesday, April 10, 2024

Metallurgy – a test work program will aim to advance bulk copper-molybdenum concentrate flotation parameters and to confirm copper, molybdenum, silver, and gold recovery performance into separate copper and molybdenum concentrates.

Key Points:

Metallurgy – a test work program will aim to advance bulk copper-molybdenum concentrate flotation parameters and to confirm copper, molybdenum, silver, and gold recovery performance into separate copper and molybdenum concentrates.
This program is fully scoped and suitable composite sample material is available and awaiting shipment.
In the event the maximum number of Side-Car Common Shares are issued under the Side-Car Private Placement, a total of 1,764,705 additional Strategic Placement Common Shares will be purchased by ARM under the Strategic Placement, resulting in total gross proceeds to Surge between the Strategic Placement and the Side-Car Private Placement of approximately $5 million.
The net proceeds from the Side-Car Private Placement will be used to fund the advancement of the Berg Project, exploration, and for working capital and general corporate purposes.

Homrich Berg Brings in Andrew Page as Head of Corporate Development

Retrieved on:

Monday, April 22, 2024

Personal Finance, Asset Management, Professional Services, Finance, Corporation, Focus Financial Partners, Partnership, History, RIA, Corporate development, Acquisition, Multimedia, HB, Growth, Head, Financial adviser

Homrich Berg (HB), a leading Atlanta-based RIA serving families and investors across the country from its offices in the Southeast, welcomes Andrew Page as Head of Corporate Development.

Key Points:

Homrich Berg (HB), a leading Atlanta-based RIA serving families and investors across the country from its offices in the Southeast, welcomes Andrew Page as Head of Corporate Development.
View the full release here: https://www.businesswire.com/news/home/20240417052994/en/
Andrew Page, Head of Corporate Development at Homrich Berg (Photo: Business Wire)
With a foundation in deal execution, business development, and strategic advisement in the wealth management industry, Page comes to HB to focus on fostering relationships with RIA firms and advisor teams which lead to partnerships aligning with the firm’s values.
Prior to joining Homrich Berg, Page was a Director and Partner at Ancora Holdings Group where he led their M&A efforts and other strategic initiatives.
“Homrich Berg planted its flag 35 years ago in fee-only, fiduciary service and has built a reputation as one of the industry’s leading firms.

Surge Copper Announces C$3.8 Million Strategic Investment by African Rainbow Minerals Limited

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Tuesday, April 2, 2024

Copper, IRA, National Instrument 43-101, TSX Venture Exchange, SURG, South African Reserve Bank, News, ARM, Acquisition, National instrument, TSX, Concurrency, Strategy, ARI, Qualified person (European Union), Security (finance)

Vancouver, British Columbia, April 02, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to announce that it has entered into a subscription agreement for a private placement financing (the “Strategic Placement”) with a new cornerstone strategic investor, African Rainbow Minerals Limited (JSE: ARI) (“ARM”).

Key Points:

Vancouver, British Columbia, April 02, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to announce that it has entered into a subscription agreement for a private placement financing (the “Strategic Placement”) with a new cornerstone strategic investor, African Rainbow Minerals Limited (JSE: ARI) (“ARM”).
Under the terms of the Strategic Placement, ARM, through its wholly-owned subsidiary ARM Copper Company Proprietary Limited (“ARM Copper”), will subscribe for 39,608,708 common shares (the “Strategic Placement Common Shares”) of Surge at C$0.095 per Strategic Placement Common Share, representing an approximately 18% premium to the 20-day volume weighted average price of the Company’s common shares on the TSX Venture Exchange as at April 1, 2024, for gross proceeds of approximately C$3,762,827.
Upon completion of the Strategic Placement, ARM (through ARM Copper) will own 15.0% of Surge’s issued and outstanding common shares on a non-diluted basis.
Leif Nilsson, Chief Executive Officer, commented: “We are excited to be welcoming ARM as a strategic investor into Surge.

Surge Copper Announces 2023 Surface Exploration Results Identifies New Porphyry Exploration Target Adjacent to Berg

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Wednesday, February 7, 2024

Copper, Molybdenum, Table, ISO/IEC 17025, Geology, RH, Figure, Element, Map, Silver, XRF, Soil, Anomaly, Cross, Telkwa, TSX, SURG, Metal, TSX Venture Exchange, Quartz, Gold, Telkwa Formation, ICP, Rare-earth element

A large exploration target immediately adjacent to the Berg deposit has been identified and termed the SW Berg Target.

Key Points:

A large exploration target immediately adjacent to the Berg deposit has been identified and termed the SW Berg Target.
A large exploration target immediately adjacent to the Berg deposit has been identified and is termed the SW Berg Target.
The East Sibola copper in soil target has been significantly expanded during 2023 work and is a second high priority untested exploration target.
Figure 2 shows a compilation map over the Berg - SW Berg Target area with a 2007 induced polarization geophysical survey that partially covers the SW Berg Target.

Surge Copper Intersects 418 metres grading 0.38% CuEq including 40 metres grading 0.47% CuEq at the Berg Deposit

Retrieved on:

Wednesday, January 31, 2024

Copper, Molybdenum, Silver, 3D, SURG, Measurement, Mining

The hole was drilled toward the east at a dip of -65 degrees to a total depth of 660 metres.

Key Points:

The hole was drilled toward the east at a dip of -65 degrees to a total depth of 660 metres.
The hole returned 646 metres grading 0.33% copper equivalent (0.21% copper, 0.034% molybdenum, 3.3 g/t silver, and 0.02 g/t gold) from 14 metres depth to the end of the hole at 660 metres depth.
Within this interval is a higher-grade zone of hypogene mineralization returning 40 metres grading 0.47% copper equivalent (0.35% copper, 0.030% molybdenum, 4.1 g/t silver, and 0.03 g/t gold) from 352 metres depth.
Hole BRG23-245 encountered a silver rich quartz-carbonate-sphalerite-galena-pyrite-chalcopyrite vein that returned 2110 g/t silver over 1.53 metres from 303 metres depth.

Surge Copper Intersects 548 metres grading 0.36% CuEq including 30 metres grading 0.61% CuEq at the Berg Deposit

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Monday, January 22, 2024

Learning, SURG, Molybdenum, Measurement, Copper, News, Combined, Mining

The hole returned 627 metres grading 0.35% copper equivalent (0.25% copper, 0.026% molybdenum, 3.5 g/t silver, and 0.02 g/t gold) from 12 metres depth to the end of the hole at 639 metres depth.

Key Points:

The hole returned 627 metres grading 0.35% copper equivalent (0.25% copper, 0.026% molybdenum, 3.5 g/t silver, and 0.02 g/t gold) from 12 metres depth to the end of the hole at 639 metres depth.
Within this interval is a continuous zone of copper mineralization returning 548 metres grading 0.36% copper equivalent (0.28% copper, 0.018% molybdenum, 3.6 g/t silver, and 0.02 g/t gold) from 12 metres depth to the edge of the Berg Stock at 560 metres depth.
The supergene sulfide zone returned higher grades including 108 metres of 0.46% copper equivalent (0.42% copper, 0.007% molybdenum, 2.6 g/t silver, and 0.03 g/t gold) from 28 metres depth, including a sub interval of 30 metres grading 0.61% copper equivalent (0.56% copper, 0.007% molybdenum, 3.0 g/t silver, and 0.04 g/t gold) from 28 metres depth.
The hole ended within molybdenum mineralized Berg Stock returning 79 metres grading 0.085% molybdenum, 0.07% copper, and 2.8 g/t silver from 560 metres to the end of the hole at 639 metres.

Homrich Berg Adds Depth to HB Family Office Team with New Principal and Director

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Monday, December 4, 2023

Homrich Berg is excited to welcome Billy Levine as a Principal, enhancing the $14 billion, Atlanta-based RIA’s HB Family Office capabilities for serving ultra-high-net-worth clients.

Key Points:

Homrich Berg is excited to welcome Billy Levine as a Principal, enhancing the $14 billion, Atlanta-based RIA’s HB Family Office capabilities for serving ultra-high-net-worth clients.
This comes after the recent addition of Alex Arnold joining the firm as a Director within the HB Family Office in November.
View the full release here: https://www.businesswire.com/news/home/20231204422003/en/
Principal Billy Levine and Director Alex Arnold (Photo: Business Wire)
Levine brings to Homrich Berg more than 25 years of experience in the financial services industry.
“We are also pleased to add Alex, who brings a fresh perspective and adds to our already deep bench of HB Family Office advisors.

Surge Copper Intersects 756 metres grading 0.36% CuEq including 90 metres grading 0.46% CuEq at the Berg Deposit

Retrieved on:

Tuesday, October 3, 2023

Measurement, Learning, Copper, SURG, Gold, Life, Molybdenum, Printed circuit board, Mining, Uranium mining

The hole returned 756 metres grading 0.36% copper equivalent (0.26% copper, 0.026% molybdenum, 3.6 g/t silver, and 0.02 g/t gold) from 22 metres depth, with the hole ending in mineralization.

Key Points:

The hole returned 756 metres grading 0.36% copper equivalent (0.26% copper, 0.026% molybdenum, 3.6 g/t silver, and 0.02 g/t gold) from 22 metres depth, with the hole ending in mineralization.
The supergene sulfide zone returned higher grades including 90 metres of 0.46% copper equivalent (0.42% copper, 0.004% molybdenum, 2.8 g/t silver, and 0.03 g/t gold) from 66 metres depth.
This is the second longest mineralized intercept from the Berg Deposit to date, exceeded only by hole BRG08-194 which was drilled to a total depth of 866 metres.
Hole BRG08-194 was drilled in 2008 in the northeast part of the deposit 800 metres north of hole BRG23-243, and returned an intercept of 772.5 metres grading 0.47% copper equivalent (0.30% copper, 0.051% molybdenum, and 4.7 g/t silver (with no assays for gold)) from 21.5 metres depth.

Surge Copper Commences 2022 Exploration Program Testing Multiple New Targets Across Ootsa-Berg District

Retrieved on:

Wednesday, June 1, 2022

VANCOUVER, BC, June 1, 2022 /PRNewswire/ -Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) ("Surge" or the "Company") is pleased to announce the commencement of its 2022 exploration field program which will focus on testing a number of high-priority regional exploration targets across the Ootsa-Berg district.

Key Points:

VANCOUVER, BC, June 1, 2022 /PRNewswire/ -Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) ("Surge" or the "Company") is pleased to announce the commencement of its 2022 exploration field program which will focus on testing a number of high-priority regional exploration targets across the Ootsa-Berg district.
The prospectivity of this district is well established, and we have a large pipeline of compelling exploration targets with limited to no exploration history.
Dr. Shane Ebert, President and VP Exploration, commented: "Surge has assembled an impressive list of exploration targets across the Ootsa-Berg district and the 2022 exploration program is designed to evaluate and conduct initial drill testing on as many targets as possible.
The Company's exploration program has been divided into two phases, with the first phase being based out of the Ootsa exploration camp.

Surge Copper Intersects 368 metres of 0.58% CuEq including 110 metres of 0.64% CuEq at Berg

Retrieved on:

Monday, March 21, 2022

Company, Copper, Molybdenum, Silver, SURG, Program, Database, Centerra Gold, Uranium, BC

The chalcocite blanket includes a higher grade zone returning 22 metres grading 0.85% copper, 0.024% molybdenum, and 8.2 g/t silver (1.04% copper equivalent).

Key Points:

The chalcocite blanket includes a higher grade zone returning 22 metres grading 0.85% copper, 0.024% molybdenum, and 8.2 g/t silver (1.04% copper equivalent).
Hole BRG21-242 was angled toward the central Berg Intrusion and encountered 22 metres of leached cap from 6 to 28 metres downhole.
The hole returned 368 metres grading 0.37% copper, 0.039% molybdenum, and 5.5 g/t silver (0.58% copper equivalent) from 28 metres to the end of the hole at 368 metres and the hole ended in mineralization.
Hole BRG21-242 intersected 110 metres of chalcocite blanket grading 0.51% copper, 0.021% molybdenum, and 3.9 g/t silver (0.64% copper equivalent) from 28 to 138 metres downhole, including 44 metres grading 0.62% copper, 0.019% molybdenum, and 4.4 g/t silver (0.76% copper equivalent) from 52 metres depth.