Surge Copper Corp. announce assay results from drill hole BRG23-245, the third and final hole of the Company?s 2023 drilling program testing the deeper portions of the large Berg copper-molybdenum deposit in west-central British Columbia. Hole BRG23-245 intersected 646 metres grading 0.33% CuEq2 (0.21% copper, 0.034% molybdenum, 3.3 g/t silver, and 0.02 g/t gold) from 14 metres depth including 418 metres grading 0.38% CuEq (0.26% copper, 0.032% molybdenum, 3.5 g/t silver, and 0.02 g/t gold).

The hole encountered a zone of higher grade hypogene mineralization returning 40 metres grading 0.47% CuEq (0.35% copper, 0.030% molybdenum, 4.1 g/t silver, and 0.03 g/t gold) from 352 metres depth. Hole BRG23-245 ecountered a late quartz-carbonate-basemetal silver vein returning 1.53 metres grading 2110 g/t silver from 303 metres depth, which is the highest grade silver vein encountered in Berg drilling to date (capped at 10 g/t in the above composite intervals). Combined the 3 deeper holes drilled in 2023 (BRG23-243, 244, 245) demonstrate excellent continuity of Berg mineralization to depth, increase the understanding of the deeper portions of the Berg deposit, will provide fresh material for planned metallurgical test work, and will help improve a future resource estimate.

Hole BRG23-245 is a 100-metre step out located on the northwest side of the Berg deposit within an area of low drill density and limited depth information. The hole was designed to intersect the Berg Stock at depth and provide additional information on the deeper portions of the Berg deposit, potentially upgrade Inferred resources to the Measured and Indicated categories, and provide fresh material for metallurgical testwork. The hole was drilled toward the east at a dip of -65 degrees to a total depth of 660 metres.

The hole encountered weak but variably developed secondary chalcocite blanket from 14 to 110 metres depth and encountered veined and mineralized rock to the end of the hole at 660 metres depth. 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.

Copper grades decrease slightly within about 30 metres of the Berg Stock contact, which was intersected at 464 metres depth, whereas molybdenum grades remain strong to the end of the hole at 660 metres depth. The hole encountered a veined and mineralized intrusive matrix breccia from 622 to the end of the hole at 660 metres, containing both andesite and intrusive clasts in a porphyritic intrusive matrix. 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.

This vein was oriented at 30 degrees to the axis of the drill core and is estimated to have a true width of about 0.3 metres. The Berg deposit is known to contain localized zones with late silver bearing quartz-carbonate basemental veins. This interval of 2110 g/t silver is the highest grade silver vein encountered on the Berg project to date.

The 2023 Berg drill program operated from late July to early September 2023, and 3 diamond core holes (BRG23-243, 244, and 245) totaling 2077 metres of drilling were completed. The program was designed to learn more about the deep characteristics of the deposit while also providing fresh material for metalurgical testwork and converting Inferred resources to Measured and Indicated in areas of low drill density.