12:21 PM EDT, 10/24/2024 (MT Newswires) -- Surge Copper ( SRGXF ) on Thursday released assay results from drill holes BRG24-253 and 254, two of the ten holes completed during the summer field program at its Berg project in central British Columbia.

Hole BRG24-254 intersected 412 meters grading 0.4% copper equivalent, while Hole BRG24-253 intersected 288 meters grading 0.3%copper equivalent.

Both holes are expected to upgrade sizable zones of Inferred resources on the outer and inner margins of the mineralized zone.

"We are very pleased with this initial batch of results from the 2024 drill program at Berg," said Chief Executive Officer Leif Nilsson. "Holes 253 and 254 were from a series of holes that were designed to infill regions of the deposit containing predominantly Inferred resources, in hopes of both upgrading the resource estimation category and increasing the estimated grade. Both holes will help achieve these objectives, and both holes demonstrate the consistency and continuity of mineralization across large volumes at the Berg deposit."

The company's shares were last seen down $0.01 to $0.11 on the TSX Venture Exchange.

Price: 0.11, Change: -0.01, Percent Change: -8.33