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Surge Exploration Inc
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Surge Exploration drills 3.15 m of 0.26% Co at Glencore

2019-01-14 06:23 ET - News Release

Mr. Tim Fernback reports


Surge Exploration Inc. has provided an initial report on the mineral assay results that have been recently returned from five of 33 holes completed on its 2018 diamond drilling exploration program on its Glencore-Bucke and Teledyne cobalt properties located in Cobalt, Ont.

During the late fall of 2018, Surge completed a total of 4,272 m/14,016 feet of diamond drilling in 33 holes on both the Glencore-Bucke and Teledyne cobalt properties: 2,559 m/8,396 feet were completed in 24 drill holes on the Glencore-Bucke property, and 1,713 m/5,620 feet in nine drill holes on the Teledyne cobalt property.

On the Glencore-Bucke property, drill holes GB18-22 to GB18-40 (assays pending) tested the Northwest and Main zones with the intent of intersecting mineralized zones along strike and vertically above and below previous intersections reported in the 2017 drilling program completed on the same properties. To the east of the Main zone, a single hole (GB18-41) was completed to test for mineralization at depth beneath a historical trench and intersected anomalous cobalt mineralization. To the south, drill holes GB18-42 to GB18-45 were completed in a fence 200 m south of recent drilling on the Main and Northwest zones (2017 and 2018 Lico) in an area where no known historical drilling has been completed.

Highlights from diamond drill holes GB18-41 to GB18-45 include:

  • GB18-44: 0.26 per cent cobalt, 1.16 per cent copper over 3.15 m from 110.60 to 113.75 m, including 0.57 per cent Co, 0.27 per cent Cu over 0.65 m from 110.60 to 111.25 m;
  • GB18-44: 0.17 per cent Co, 4.21 per cent Cu over 1.65 m from 113.00 to 114.65 m;
  • GB18-45: 0.43 per cent Cu, 1.04 per cent zinc over 7.90 m from 104.00 to 111.90 m, including 2.01 per cent Cu, 0.55 per cent Zn over 0.70 m from 109.00 to 109.70 m.

"We have recently completed the second phase of drilling on both the Glencore-Bucke and Teledyne Ontario cobalt properties. We are strongly encouraged by the initial results from the fence of drill holes completed 200 m to the south of our definition drilling, and intend to continue targeting and extending this exciting new development," stated Tim Fernback, Surge president and chief executive officer. "Surge management believes that the results received so far from the 2018 exploration program are typical of the area and the Ontario Cobalt camp generally. We are looking forward to receiving and reporting the remaining results from the assay lab in the near future."

The results for diamond drill hole GB18-41 to GB18-45 are summarized below in the associated table.

                                SUMMARY OF DIAMOND DRILL RESULTS
Diamond         From       To   Core length    Cobalt    Silver    Copper    Zinc   Lead
drill hole       (m)      (m)           (m)     (ppm)     (ppm)     (ppm)   (ppm)  (ppm)

GB18-41         63.5     64.3           0.8       363       0.2        18      15      4
GB18-42        58.51    58.75          0.24        76       5.3     5,270      41     15
GB18-42         98.5    99.77          1.27       570       1.4       102      61      5
GB18-43        104.5      106           1.5       355       0.6       720      91     11
GB18-44         10.5       11           0.5       139       0.2     7,480      56      2
GB18-44        110.6      119           8.4     1,104       9.4    10,369     278     43
incl.          110.6   113.75          3.15     2,633      11.1    11,599     320     34
incl.          110.6   111.25          0.65     5,690       3.8     2,650     116     27
incl.            113   114.65          1.65     1,730      34.8    42,136     615     51
GB18-44       136.75   137.25           0.5       233      18.6       721     178    119
GB18-45          103      120            17       121      10.3     2,399   5,658  3,734
incl.            104    111.9           7.9       127        17     4,251  10,427  5,919
incl.            109    109.7           0.7       121      45.5    20,100   5,540  9,800

Intervals reported represent core lengths and not true widths.

Quality assurance/quality control program

Surge Exploration has implemented a quality assurance/quality control (QA/QC) program for both the Glencore-Bucke and Teledyne property drill programs.

Diamond drill cores were logged, and where marked for sampling, split in half, with one-half placed in a labelled sample bag, and the remaining half placed back into the core tray and stored in a secured compound. A blank and a standard were inserted in the assay sampling sequence at every 26th and 27th place, respectively. All samples were shipped to Activation Laboratories in Ancaster, Ont. Each sample was coarsely crushed and a 250-gram aliquot is then pulverized and made ready for analysis. A 0.25 g portion of the pulverized material is digested with a near-total digestion (four acid) and then analyzed using inductively coupled plasma. Quality control for the digestion is 14 per cent for each batch, five method reagent blanks, 10 in-house controls, 10 samples duplicates, and eight certified reference materials. An additional 13-per-cent quality control is performed as part of the instrumental analysis to ensure quality in the areas of instrumental drift. If overlimits for Cu, Pb, Zn and Co are encountered, a sodium peroxide fusion acid dissolution, followed by ICP-OES (inductively coupled plasma optical emission spectroscopy), is completed. Where there are Ag overlimits, a four-acid digestion is completed followed by ICP-OES.

Qualified person

The technical content of this news release has been reviewed and approved by Joerg Kleinboeck, PGeo, an independent consulting geologist and a qualified person as defined in National Instrument 43-101.

About Surge Exploration Inc.

The company is a Canada-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.

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