The Caledonia, Cascade and Bluebell claims are 7 km north-west of BHP’s previous producing Island Copper mine which was accountable for extracting 345 million metric tonnes @ 0.41% Cu, 0.017% Mo, 0.19 g/t Au, and 1.4 g/t Ag. Throughout its prime working interval the Island Copper mine was Canada’s third-largest copper producer. The Caledonia, Cascade and Bluebell claims space lies inside a 50-kilometer-long copper belt northwest of the Island Copper mine.
The next quotes include historic estimates on the Property and has been obtained from The B.C. Ministry of Power and Mines Minfile information for MINFILE No 092L 209 which states: “In 1929, 0.9 tonnes of ore was shipped from the property, grading 514.2 grams per tonne Silver and seven.3 per cent Copper (Malcolm, 1969). A chip pattern collected throughout 1.8 metres in 1926 assayed hint gold, 418.2 grams per tonne Silver, 2.0 per cent Copper, 0.8 per cent lead and 10.0 per cent Zinc (Minister of Mines Annual Report 1926).”
“Sampling in 2007 from trenching returned values of 581.7 g/tonne Silver (16.97 oz./ton), 4.42% Copper, 0.13% Lead, 8.97% Zinc from the skarn deposit. Metallurgical testing signifies that flotation provides excessive restoration charges for Silver and Copper. Discussions have been initiated relating to delivery a ten,000 tonne bulk pattern to the Myra Falls mill” (J.T Shearer P.Geol report 2013).
Abstract of the Fall 2021 Preliminary Work Program
The property was visited by Johan Shearer, Venture QP, on July16, 2021 and is accessible by gravel highway. The principal function of the go to was to:
- evaluate the general accessibility of the property,
- meet with native authorities and first nations representatives,
- have interaction native exploration service suppliers,
- verify present permits and necessities,
- conduct modest subject work when it comes to soil sampling and assaying floor rocks, outcrops and former exploration tailings, and
- conduct the required investigation for the completion of a brand new N.I. #43-101 Technical Report.
Soil and Rock Samples have been despatched to the ALS International testing lab for evaluation. As soon as the preliminary assaying is full a N.I. #43-101 Technical Report shall be accomplished with a advisable work program. The Firm anticipates that this preliminary assay testing shall be accomplished inside October 2021, and the N.I. #43-101 Technical Report filed by November 2021.
Mr. Greg Reimer, Surge President & CEO states, “Northern Vancouver Island has had a powerful historical past of mineral exploration and mining, however it stays comparatively underexplored, that means there may be loads of blue-sky potential for as we speak’s mining corporations. Aside from the beforehand mined BHP deposit, there are a selection of enormous copper porphyry occurrences which, taken collectively, have a reported Lifetime of Mine steel manufacturing of two.35 billion kilos of Copper (indicated useful resource), 4.0 million ounces of Gold (indicated useful resource) and 55 million kilos of molybdenum (Supply: NorthIsle Copper & Gold Inc.) Surge administration sees sturdy potential for the exploration and discovery of a pretty mineral deposit on this surroundings. I consider we are able to enormously increase on the recognized mineral useful resource on the Caledonia property. The potential of the world is thrilling for me personally and we consider for our traders as nicely.”
Certified Particular person
Johan T. Shearer M.Sc., P.Geo. (BC & Ontario) FSEG is a certified particular person as outlined by NI# 43 – 101, is accountable for the technical data contained on this launch.
About Surge Battery Metals Inc. surgebatterymetals.com
The Firm is a Canadian-based mineral exploration firm which has been lively within the useful resource sector in British Columbia and elsewhere in Canada.
Nevada Lithium Claims
The Firm has acquired 38 mineral claims situated in Nevada. The Northern Nevada Lithium Venture is situated within the Granite Vary about 34 line- km southeast of Jackpot, Nevada, about 73 line-km north-northeast of Wells, Nevada. The goal is a Thacker Go or Clayton Valley kind lithium clay deposit in volcanic tuff and tuffaceous sediments of the Jarbidge Rhyolite bundle. The venture space was first recognized in public area stream sediment geochemical knowledge with observe up sediment sampling and geologic reconnaissance. The Acquisition is topic to Trade approval.
Caledonia Venture, Vancouver Island, BC
Surge Battery Metals Inc. has entered right into a Property Possibility Settlement to amass a 100% curiosity in seven (7) mineral claims often called the Caledonia, Cascade and Bluebell, topic to a NSR between 1-2%. Situated within the Nanaimo Mining District of northern Vancouver Island.
British Columbia Nickel Venture
Laborious Nickel 4 and Nickel 100 Claims
The Mount Sidney Williams space Laborious Nickel Declare Teams, masking 1863 hectares instantly south of and adjoining to the Decar Venture teams within the Mount Sidney Williams space, and full Nickel 100 Declare Group, masking 8659 hectares within the Mitchell Vary space. All six claims included within the transaction are held 100% by Nickel Rock, and three of the claims are topic to 2% NSR, together with the Laborious Nickel 4 declare and the 2 southernmost claims of the Nickel 100 Declare Group. Topic to TSXV Approval, Surge will personal an 80% curiosity within the Laborious Nickel 4 and Nickel 100 Claims, with Nickel Rock Sources Inc. (TSXV: NICL) retaining the remaining 20% curiosity.
On Behalf of the Board of Administrators
Greg Reimer, President & CEO
Neither the TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this launch. This information launch could include ahead–wanting statements which embody, however are usually not restricted to, feedback that contain future occasions and situations, that are topic to numerous dangers and uncertainties. Aside from statements of historic details, feedback that tackle useful resource potential, upcoming work packages, geological interpretations, receipt and safety of mineral property titles, availability of funds, and others are ahead–wanting. Ahead–wanting statements are usually not guaranteeing future efficiency and precise outcomes could fluctuate materially from these statements. Normal enterprise situations are components that might trigger precise outcomes to fluctuate materially from ahead–wanting statements.
Surge Battery Metals Inc.
1220 – 789 West Pender Avenue
Vancouver, BC, Canada V6C 1H2
SOURCE Surge Battery Minerals Inc.