C O Pper C O R P Surge Copper Plans 2018 Drilling Program at Ootsa
S U R G E
C O PPER C O R P
SURGE COPPER PLANS 2018 DRILLING PROGRAM AT OOTSA
April 3, 2018 , Vancouver, British Columbia – Surge Co pper Corp. (the “Company” or “Surge
Copper”) (TSX-V:SURG), is pleased to provide an update on planned 2018 exploration activities
at the Company’s 100% owned Ootsa Property in British Columbia. The Ootsa Property is an
advanced stage copper-gold exploration project c ontaining the East Seel, West Seel and Ox
porphyry deposits and is located adjacent to the Huckleberry open pit copper mine.
2018 Ootsa Drilling
Exploration drilling is planned for 2018 and will focus on multiple copper-gold porphyry targets
immediately surrounding the East and West Seel de posits. This drilling will test for the fault-
offset portion of the high-grade East Seel de posit and test a 1 km by 1 km zone of high
chargeability that is located directly adjacent to the West Seel deposit. In addition to drill testing
new targets, some drilling will be focused on op timizing the existing East and West Seel
deposits, targeting expansions to existing resour ces and known higher grade trends where they
remain open. The goal of the 2018 drilling progra m will be to create increased flexibility in
future project development, and help establish th e viability of Ootsa as a stand-alone operation.
A presentation outlining the main 2018 expl oration targets is available here:
Ootsa_2018_proposed_exploration_targets.
2018 Surface Exploration
During 2018 the Company plans to advance seve ral early stage copper, gold, and silver
exploration targets to better unde rstand the potential pipeline of new targets moving forward.
The focus will be on high grade mineralizati on with potential to positively influence
development of the district, and on new zones of porphyry style copper-gold mineralization.
This program will include low cost surface work such as mapping, surface sampling, and
trenching, and will be conducted on multiple targ ets with known silver, gold, copper, zinc and
lead. Planned surface work will include re-establishing road access to the historic Captain Mine,
where previous sampling by the Company has returned up to 2220 g/t Ag from a vein exposed in
underground workings over a strike length of 100 metres. At Capt ain a large zone of alteration
surrounds the known high-grade veins, and this a lteration zone will be trenched and sampled to
evaluate the potential for additional veins as well as bulk minable copper-gold-silver.
Permits and Timing
The Company has applied for a new 5-year expl oration permit which will include up to 150 new
drill holes and allow the Company to maintain its exploration camp and conduct additional
trenching, line cutting, and geophysical surveys. The exploration program is anticipated to start
in June pending receipt of all required permits and funding. The final scope and cost of the
drilling and exploration program will be fina lized in April or May. To date the Company has
drilled over 122,066 metres of core in 353 holes on the Ootsa Property and has an excellent track
record of making new discoveri es and expanding known zones. Additional information on the
Ootsa Property is available on the Company’s website at www.surgecopper.com.
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. The property contai ns NI 43-101 compliant resources of 224 million
tonnes in the Measured and Indi cated categories with contained metals of 1.1 billion pounds of
copper and 1 million ounces of gold as summarized in the table below.
Ootsa Project Pit Constrained Mineral Resource Estimate at $8.50/t NSR Cut-off Value
Category Tonnes
(‘000’s)
CuEq
%
Cu
%
Au
g/t
Mo
%
Ag
g/t
CuEq
M lbs
Cu
M lbs
Au
K oz
Mo
M lbs
Ag
K oz
Measured 187,148 0.38 0.23 0.15 0.021 2.8 1,568 934 916 85 17,089
Indicated 37,041 0.35 0.21 0. 12 0.023 2.8 286 175 146 19 3,368
M&I 224,189 0.37 0.22 0.15 0.021 2.8 1,854 1,109 1,062 104 20,457
On February 9, 2016, the Company announced a positive Preliminary Economic Assessment
(PEA) for the Ootsa Property with potential for low capital cost, low risk and rapid pay back
utilizing existing infrastructure in the district with a contract mining a nd toll milling scenario.
The study recommends the Company continue to advance the Ootsa Project with extended and
advanced technical studies with the intention of moving the project toward a production decision.
The current technical report supporting the resource statement and PEA is available on SEDAR or the
Company’s website at www.surgecopper.com and has an effective date of January 2016. The resource
estimate uses $8.50 per tonne NSR cut-off value. Mineral resources are not mineral reserves and by
definition do not demonstrate economic viability. There is no certainty that all or any part of the mineral
resource will be converted into mi neral reserves. A ‘Measured Minera l Resource’ is that part of a
mineral resource for which quantity, grade or quality, densities, shape and physical characteristics are so
well established that they can be estimated with conf idence sufficient to allow the appropriate application
of technical and economic parameters, to support production planning and evaluation of the economic
viability of the deposit. An ‘Indicated Mineral Reso urce’ is that part of a Mineral Resource for which
quantity, grade or quality, densities, shape and physical characteristics can be estimated with a level of
confidence sufficient to allow the appropriate appl ication of technical and economic parameters, to
support mine planning and evaluation of the economi c viability of the deposit. Copper Equivalent
(CuEq) calculations are based on base case metal price (US$3/lb Cu, US$1260/oz Au, US$10.30/lb Mo,
and US$17/oz Ag) and process recovery assumptions , and take into account smelter payable rates and
refining costs. M&I = measured and indicated. The resource update and Preliminary Economic
Assessment was completed by P&E Mining Consultants Inc. in accordance with National Instrument 43-
101 Standards of Disclosure for Mineral Projects.
Dr. Shane Ebert P.Geo., is the Qualified Person for the Ootsa project as defined by National
Instrument 43-101 and has approved the technical disclosure contained in this news release.
ON BEHALF OF THE BOARD OF DIRECTORS
“Shane Ebert”
President and Chief Executive Officer
For Further information, please contact:
Telephone: 604-718-5454
Toll Free: 888-500-4587
http://www.surgecopper.com
Or
Don Mosher
Corporate Development
Telephone: 604-685-6465
Neither the TSX Venture Exchange nor its Regulation S ervices 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 statemen ts, which relate to future events. In some cases, you
can identify forward-looking statements by termi nology such as "will", "may", "should", "expects",
"plans", or "anticipates" or the negative of these terms or other comparable terminology. These
statements are only predictions and involve know n 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. Suc h 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 go vernment or other regulatory approvals or financing,
inability to procure equipment and supplies in su fficient quantities and on a timely basis, equipment
breakdown and bad weather. While these forward- looking statements, and any assumptions upon which
they are based, are made in good faith and refl ect 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 suggests 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.