Surge Copper's Berg project gets into B.C. CMO

Executive Summary

• Surge Copper Corp. has received official acceptance of its Berg project into the British Columbia Critical Minerals Office (CMO).
• This inclusion aligns the project with provincial and federal critical minerals strategies, providing coordinated support to advance the project through the regulatory process efficiently.
• The Berg project is positioned as a significant undeveloped copper deposit with projected output of copper and molybdenum ranking among the largest in Canada, supporting clean energy and supply chain security goals.

Key Details

• Regulatory Milestone: Acceptance into the BC Critical Minerals Office (CMO) portfolio.
• Strategic Alignment: The project aligns with national critical minerals objectives and the Western Canadian critical minerals strategy.
• Project Profile:
  • Location: Central British Columbia.
  • Assets: 100%-owned Berg project hosting a large-scale copper-molybdenum-silver deposit.
  • Mine Life: Projected to exceed 30 years.
  • Production: Copper as primary metal; molybdenum, silver, and gold as byproducts.
  • Status: Prefeasibility study underway to define technical and economic parameters (following a 2023 preliminary economic assessment).
• Government Support: The CMO provides coordinated support across ministries and agencies to facilitate a clear, predictable, and efficient regulatory process.
• Stakeholder Engagement: Surge is continuing collaboration with First Nations partners, emphasizing early engagement, transparent communication, and prior and informed consent.
• Additional Assets: Surge controls a large, contiguous mineral claim package including the Ootsa property adjacent to the past-producing Huckleberry mine.

Notable Quotes

• Jagrup Brar, Minister of Mining and Critical Minerals of British Columbia: "We are pleased to welcome Surge Copper into the B.C. Critical Minerals Office. Partnerships like this are central to our government's commitment to responsibly advancing critical mineral development in British Columbia. The Berg project represents a significant opportunity to strengthen our province's role in supplying the minerals that are essential to clean energy, economic resilience and global supply chain security."
• Ravi Kahlon, Minister of Jobs and Economic Growth of British Columbia: "Critical minerals are a key priority under the province's Look West industrial and economic plan. We welcome Surge Copper to the Critical Minerals Office portfolio as they work to advance the Berg project and bring one of Canada's largest undeveloped copper deposits into production."
• Jennifer Anthony, Surge's Vice-President Environment and Regulatory Affairs: "Inclusion in the Critical Minerals Office is an important milestone for the Berg project. Co-ordinated engagement across provincial agencies, together with our ongoing collaboration with first nations partners, is foundational to advancing large-scale projects responsibly and efficiently."