Surge Acquires Additional Copper-Gold Mineral Claims Adding to its Sizeable Land Position in British Columbia
Suite 1220 ‐ 789 W Pender Street
Vancouver, BC V6C 1H2
Telephone: (778) 945‐2656
NEWS RELEASE
Surge Acquires Additional Copper-Gold
Mineral Claims Adding to its Sizeable Land
Position in British Columbia
Vancouver, BC / TheNewswire / May 6, 2019 –Surge Exploration Inc. (“the Company” or “Surge”)
(TSXV: SUR, OTC: SURJF, FRA: DJ5C) announces that it has recently acquired 100% interest in
additional Copper Gold mineral claims adjoining its Copper Porphyry Mineral Claim in North Central
British Columbia.
These 2 new mineral claims (6,790 hectares) add to the Company’s current sizable land position
within British Columbia’s prolific Omineca Mining District. Surge now has Copper‐Gold mineral
claims totalling 26,455 hectares (265 sq km) in the area.
Subject to the terms and conditions of the Purchase and Sale Agreement dated May 2, 2019 (the
“Agreement”) for the new mineral claims, Surge agrees to making a cash payment to the vendor,
Venture Capital IQ Inc., in the amount of $16,000 upon signing the Agreement and issuing 2,000,000
fully paid and non‐assessable common shares in the capital of the Company upon TSX Venture
Exchange approval to the Transaction.
Tim Fernback, Surge CEO states “We are very excited to acquire these key additional mineral claims
in the Omineca Region. This area has already generated several promising projects, and is the subject
of significant interest and exploration expenditure in 2019 with recent discoveries by Sun Metals,
Teck Resources, Centerra Gold and Serengeti Resources. Furthermore, this region is host to
numerous operating mines, good infrastructure including experienced exploration and supporting
services. Our exploration team believes that this land package is strategically situated to exploit the
high copper‐gold values of the region.”
About the Property
The Omineca Group of 12 claim blocks (see map) lie in the Omineca Mining Division of north‐central
British Columbia, approximately 150 km north of Fort St. James. The claims are not subject to any
royalty terms, back‐in rights, payments or any other agreements and encumbrances.
B.C. Minfile assessment report data indicates that most of the area covered by the Omineca Group
claim blocks were at one time or another covered by staking during surges of exploration in B.C.
dating from the 1940’s to present day. Largely the claims appear to have been minimally explored
with little follow‐up. However, some work was recorded on several claims with results for stream
sediment sampling showing anomalous to highly anomalous results for gold in a few areas. These
areas were recommended for detailed follow‐up, however due to a previous commodity price
downturn no further work was recorded.
Prominent among early discoveries in the Omineca region were the nearby Lustdust/Stardust
property (Sun Metals Corp. TSXV: SUNM) covering a large, coherent integrated porphyry‐skarn,
2
epithermal system; the Kwanika property (Serengeti Resources Inc./POSCO Daewoo TSXV: SIR) a
promising advanced stage copper‐gold project; the Lorraine property (Lorraine Copper Corp. TSXV:
LLC) host to a large copper/gold NI 43‐101 compliant resource. The tenures are located between the
Kemess North project being developed by Centerra Gold’s subsidiary Aurico Metals and Centerra
Gold’s operation Mt Milligan mine.
Once a detailed compilation of all available data has been collected and assessed, management will
prepare a plan and budget for an exploration program to be carried out once the field season starts
in 2019.
Map of Properties
Surge Exploration
Copper Porphyry
Property
New Claim Area
2
kilometres
4
Office:
Author: BL
Drawing:
Date: 5/3/2019
Scale: 1:100000 Projection: UTM Zone 10 (NAD 83)
0 1
3
Regional Property
Map
Surge Exploration
0 2.5 5
kilometres
10
Scale: 1:250000
Drawing:
Author: BL
Office:
Projection: UTM Zone 10 (NAD 83)
Surge Exploration
Deposit
Forestry Road
Sun Metals
Provincial Park
Teck
Kwanika Copper Corp
4
All shares issued are subject to a four month and a day hold period in accordance with applicable
securities laws.
Qualified Person
The technical content of this news release and the 43‐101 technical reports have been reviewed and
approved by Paul Sorbara, P.Geo., an independent consulting geologist and a qualified person as
defined in NI 43‐101.
About Surge Exploration Inc.
The Company is a Canadian‐based mineral exploration company which has been active in the
resource sector in British Columbia and elsewhere in Canada. The Company has an exploration office
in Santiago, Chile to review mineral exploration opportunities in Chile and elsewhere in South
America.
Ontario Cobalt Properties (Cobalt):
The Company has an option to earn an undivided 60% interest in the Glencore Bucke Property and
the Teledyne Property, located in Cobalt, Ontario Canada.
Hedge Hog Property, (Copper Gold) British Columbia
The Company has an option to earn an undivided 60% interest seven mineral tenure covering 2,418
hectares (5,972 acres) located approximately 80 km northeast of the town of Quesnel, BC and 20 km
north of the historic gold mining towns of Wells and Barkerville.
On Behalf of the Board of Directors
“Tim Fernback”
Tim Fernback
President & CEO
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 may contain forward‐looking statements which include, but are not limited to, comments that involve future events and
conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource
potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others
are forward‐looking. Forward‐looking statements are not guarantees of future performance and actual results may vary materially from those
statements. General business conditions are factors that could cause actual results to vary materially from forward‐looking statements.