Surge Copper Completes 2026 Drilling Program at Berg Copper Project

Surge Copper completes 6,334.5m of drilling and upgrades assay database at Berg Project.

What the company is saying

Surge Copper Corp. reports the completion of its 2026 drilling and summer field programs at its 100%-owned Berg Copper Project in central British Columbia. The company frames this as a critical step toward feasibility-level engineering, emphasizing systematic data collection since the June 2026 Pre-Feasibility Study. The announcement highlights 6,334.5 metres drilled across 31 holes, detailed breakdowns of geotechnical, ARD characterization, near-surface, and exploration drilling, and a major historical core resampling campaign. Surge stresses the improvement in data quality, noting that 87% of assay intervals now include both gold and silver analyses, and that modern QA/QC procedures were applied. CEO Leif Nilsson positions the technical work as reducing uncertainty and improving the resource database for future studies. The company also notes ongoing environmental baseline work and plans to continue technical and environmental investigations, with further results to be released as datasets are finalized. Technical disclosure is signed off by Dr. Shane Ebert, P.Geo., Officer and Director, as Qualified Person.

What the data suggests

The company completed 6,334.5 metres of drilling in 2026, distributed across 31 holes: 10 geotechnical diamond holes (3,104.0m), 5 ARD characterization holes (1,693.0m), 14 near-surface sonic holes (657.4m), and 2 exploration holes at Sylvia (880.1m). The historical core resampling program covered 23 holes, with 11 fully resampled, 10 partially, and 2 with uncertain collar locations. Approximately 87% of assay intervals now have both gold and silver data, a substantial increase in database completeness. Highlighted resampling intervals include BRG007 (74.68m @ 0.23% Cu, 1.67 g/t Ag, 0.02 g/t Au, 0.30% CuEq), BRG009 (128.63m @ 0.46% Cu, 3.93 g/t Ag, 0.06 g/t Au, 0.65% CuEq), and BRG012 (150.88m @ 0.26% Cu, 3.06 g/t Ag, 0.04 g/t Au, 0.40% CuEq). Copper equivalent was calculated using US$4.75/lb copper, US$20.00/lb molybdenum, US$45.00/oz silver, and US$3,500/oz gold, with recoveries of 88% for molybdenum, 56% for silver, and 52% for gold. All core was processed at Actlabs in Kamloops with full QA/QC. The technical data is specific, with clear breakdowns by hole and interval, but no new resource or economic figures are provided. The focus is on database quality and technical groundwork rather than immediate value realization.

Analysis

The announcement's tone is positive but proportionate to the actual, measurable progress disclosed. The company reports the completion of its 2026 drilling program, providing detailed figures for metres drilled, number and type of holes, and specific assay results, all of which are realised and verifiable. Forward-looking statements are limited to ongoing resampling and environmental monitoring, which are routine for this stage and not exaggerated in scope or impact. There is no promotional language about imminent production, resource upgrades, or economic outcomes, and no claims of near-term financial benefit. The technical data is specific and credible, with QA/QC protocols and Qualified Person sign-off. No large capital outlay or speculative benefit is claimed, and the operational update is factual. The gap between narrative and evidence is minimal, with no inflated claims.

Risk flags

• ●There is execution risk in translating improved technical and assay data into a meaningful resource upgrade or feasibility-level study, as no new resource estimate or economic analysis is provided at this stage. The value of the technical work depends on future successful interpretation and regulatory progress.
• ●Permitting and environmental assessment remain ongoing, with baseline studies and monitoring still in progress. Delays or negative findings in these areas could impact project timelines or feasibility, especially given the project's scale and jurisdiction.
• ●The announcement does not address funding, cost structure, or capital requirements for advancing to feasibility or construction. The absence of financial disclosure leaves uncertainty about the company's ability to finance future stages without dilution or additional risk.
• ●Assay results from the two Sylvia exploration holes are pending, and the outcome of these holes could materially affect the perceived upside or exploration potential of the broader district, introducing uncertainty until results are released.
• ●The technical disclosure is signed off by Dr. Shane Ebert, who is not independent of the company, which may raise questions about the objectivity of technical interpretations for some investors.

Bottom line

Surge Copper has completed a substantial 2026 field program at its Berg Copper Project, delivering 6,334.5 metres of drilling and materially improving the completeness of its assay database, with 87% of intervals now including both gold and silver data. The technical results are credible, with detailed breakdowns and QA/QC protocols, but the announcement stops short of providing a new resource estimate, economic study, or clear timeline to production. Environmental and technical studies are ongoing, and further assay results—including from the Sylvia target—are still pending. The main value of this update is the groundwork laid for future feasibility and permitting steps, but investors must recognize that significant milestones and value catalysts remain months or years away. The most important takeaway is that Surge is methodically de-risking its project, but the path to tangible economic returns is still at an early stage and subject to both technical and regulatory execution risks.

Announcement summary

(TSXV:SURG) Surge Copper Corp. (OTCQB:SRGXF) (Frankfurt:G6D2) announced the successful completion of its 2026 drilling program and major summer field activities at its 100%-owned Berg Copper Project in central British Columbia, Canada. The 2026 field program was designed to advance the Berg Project following the completion of its Pre-Feasibility Study (PFS) in June 2026, focusing on collecting geotechnical, hydrogeological, geochemical, and environmental baseline data to support feasibility-level engineering, environmental assessment, permitting, and long-term project planning. The company completed 6,334.5 metres of drilling across 31 holes, including geotechnical, geochemical, and exploration activities. The drilling program included 10 geotechnical diamond drill holes (3,104.0 metres), 5 ARD characterization holes (1,693.0 metres), 14 near-surface geotechnical sonic holes (657.4 metres), and 2 exploration holes at the Sylvia target (880.1 metres). Surge also resampled 23 historical drill holes using modern analytical methods and QA/QC procedures, adding precious metal assays that were not systematically collected during earlier exploration programs. Approximately 87% of assay intervals now contain both gold and silver analyses following the 2026 program. The resampling included 11 holes resampled in full, 10 partially resampled, and 2 with uncertain historical collar locations. Highlighted assay results from the resampling program include: BRG007 (74.68m @ 0.23% Cu, 1.67 g/t Ag, 0.02 g/t Au, 0.30% CuEq), BRG009 (128.63m @ 0.46% Cu, 3.93 g/t Ag, 0.06 g/t Au, 0.65% CuEq), BRG012 (150.88m @ 0.26% Cu, 3.06 g/t Ag, 0.04 g/t Au, 0.40% CuEq), and other intervals as detailed in Table 2. Copper equivalent (CuEq) was calculated using metal prices of US$4.75/lb copper, US$20.00/lb molybdenum, US$45.00/oz silver, and US$3,500/oz gold, with metallurgical recoveries of 88% for molybdenum, 56% for silver, and 52% for gold. The company intends to continue its historical core resampling initiative to further improve the quality of the Berg geological and analytical database. Environmental baseline studies and technical investigations, including groundwater testing and monitoring, were advanced across the project area and will continue throughout the year to support environmental assessment and development planning. All drill core was logged, photographed, cut, and analyzed at Actlabs in Kamloops, British Columbia, with QA/QC protocols including duplicate samples, blanks, and certified standards. Dr. Shane Ebert, P.Geo., Officer and Director of Surge, is the Qualified Person for the Berg Copper Project and has approved the technical disclosure in this release.

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