Surge Copper Announces Appointment of Mark Wheeler as VP Projects
December 20 2021 - 06:00AM
Surge Copper Corp. (TSXV:
SURG) (OTCQX:
SRGXF) (Frankfurt:
G6D2) (“Surge” or the
“Company”) is pleased to announce the appointment of Mark
Wheeler as Vice President, Projects. Mr. Wheeler will lead the
Company’s various technical studies and environmental permitting
efforts as the Company continues to advance its Ootsa and Berg
Properties located in central British Columbia.
Highlights
- Mr. Wheeler is a Professional
Mining Engineer with 17 years of diverse experience spanning
operations management, leading PEA and PFS level technical studies,
and playing a lead role in a successful environmental permitting
process under the Canadian Federal Environmental Assessment
process, including the social engagement process with multiple
Indigenous Nations
- Relevant operational experience at
large mining operations including Teck’s Quebrada Blanca mine in
northern Chile and Barrick’s Williams Mine in Ontario
- Relevant senior corporate
experience involving marketing and due diligence processes for
financing and M&A
Leif Nilsson, Chief Executive Officer,
commented: “We are delighted to have Mark join Surge at this
important time for the Company. With multiple critical path project
activities planned and underway, including technical engineering
studies, metallurgical testwork, long lead time environmental data
gathering, and stakeholder engagement, Mark’s experience and proven
track record will be a significant asset to Surge.”
Mr. Wheeler is a Professional Mining Engineer
with 17 years of experience in operations and senior project
engineering roles. Most recently, Mr. Wheeler spent ten years with
Treasury Metals Inc., where he led multiple technical programs
including resource estimates, design inputs and project management
to advance Treasury’s project from a maiden resource to a PFS level
of study, and technical due diligence in support of growth-focused
acquisitions. In this role, Mr. Wheeler also led the start to
finish completion of a Canadian Federal EA process including all
technical aspects, scoping and execution of baseline work, and
engagement with multiple Indigenous Nations. Mr. Wheeler holds a
B.Sc. in Mining Engineering from Queen’s University and an MBA from
the Rotman School of Management at the University of Toronto.
The board has approved the grant of 200,000
options to certain employees of the Company. The options have been
granted pursuant to the Company’s stock option plan, and are
subject to vesting provisions, have an exercise price of $0.31 per
share, and expire five years from the grant date.
About Surge Copper Corp.
The Company owns a 100% interest in the Ootsa
Property, an advanced stage exploration project containing the East
Seel, West Seel and Ox porphyry deposits located adjacent to the
open pit Huckleberry Copper Mine, owned by Imperial Metals. The
Ootsa Property contains pit constrained NI 43-101 compliant
resources of copper, gold, molybdenum, and silver in the Measured
and Indicated categories.
The Company is also earning into a 70% interest
in the Berg Property from Centerra Gold. Berg is a large, advanced
stage exploration project located 28 km northwest of the Ootsa
deposits. Berg contains pit constrained 43-101 compliant resources
of copper, molybdenum, and silver in the Measured and Indicated
categories. Combined, the adjacent Ootsa and Berg properties give
Surge a dominant land position in the Ootsa-Huckleberry-Berg
district and control over four advanced porphyry deposits.
On Behalf of the Board of
Directors
“Leif Nilsson”Chief Executive Officer
For further information, please contact:Riley
Trimble, Corporate Communications & DevelopmentTelephone: +1
604 416 2978Email: info@surgecopper.comTwitter:
@SurgeCopperLinkedIn: Surge Copper
Corphttps://www.surgecopper.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accept responsibility for the
adequacy or accuracy of this release.
This News Release contains forward-looking
statements, which relate to future events. In some cases, you can
identify forward-looking statements by terminology such as "will",
"may", "should", "expects", "plans", or "anticipates" or the
negative of these terms or other comparable terminology. All
statements included herein, other than statements of historical
fact, are forward-looking statements, including but not limited to
the Company’s plans regarding the Berg Property and the Ootsa
Property. These statements are only predictions and involve known
and unknown risks, uncertainties and other factors that may cause
the Company’s actual results, level of activity, performance, or
achievements to be materially different from any future results,
levels of activity, performance, or achievements expressed or
implied by these forward-looking statements. Such uncertainties and
risks may include, among others, actual results of the Company's
exploration activities being different than those expected by
management, delays in obtaining or failure to obtain required
government or other regulatory approvals, the ability to obtain
adequate financing to conduct its planned exploration programs,
inability to procure labour, equipment and supplies in sufficient
quantities and on a timely basis, equipment breakdown, impacts of
the current coronavirus pandemic, and bad weather. While these
forward-looking statements, and any assumptions upon which they are
based, are made in good faith, and reflect the Company's current
judgment regarding the direction of its business, actual results
will almost always vary, sometimes materially, from any estimates,
predictions, projections, assumptions, or other future performance
suggestions herein. Except as required by applicable law, the
Company does not intend to update any forward-looking statements to
conform these statements to actual results.
Surge Copper (TSXV:SURG)
Historical Stock Chart
From Feb 2024 to Mar 2024
Surge Copper (TSXV:SURG)
Historical Stock Chart
From Mar 2023 to Mar 2024