Can HPGR Technology Enhance Surge Copper’s Berg Project Efficiency?

Surge Copper Corp., a Canadian mining company listed on the TSXV under the ticker SURG, is advancing its Berg Project with energy-efficient mining technology. Headquartered in Vancouver, Surge Copper focuses on extracting critical metals necessary for modern energy infrastructure and electrification from its mineral claims in British Columbia.

On April 15, Surge Copper shared results from an energy efficiency study on the inclusion of high-pressure grinding rolls (HPGR) in the Berg Project’s grinding circuit, conducted by Ausenco Engineering Canada ULC with input from BC Hydro. The study revealed that HPGR technology could reduce grinding power requirements by 25% and overall annual energy consumption by about 20% compared to traditional semi-autogenous grinding (SAG) and ball milling.

CEO Leif Nilsson remarked that the study’s positive indicators show HPGR’s potential to enhance energy efficiency at the Berg Project. While more studies are needed, early data suggests that alternative milling configurations could offer strategic flexibility. Evaluating options to reduce energy demand is crucial, as power supply can be a bottleneck for large-scale operations.

The study provided a conceptual assessment of HPGR’s benefits, considering energy use and operating costs, while not addressing environmental impact or long-term energy supply dynamics. Further trade-off analyses will be conducted as the project progresses.

The ALS metallurgical test program, nearing completion, and results from 2024 core holes for downhole geotechnical analysis will be shared in future updates. Preparations for the 2025 field program are underway.

Surge Copper’s Preliminary Economic Assessment (PEA) announced in June 2023, highlighted the Berg Project’s large-scale potential, with a Net Present Value (NPV) of C$2.1 billion and an Internal Rate of Return (IRR) of 20%. The Berg deposit contains NI 43-101 compliant resources of copper, molybdenum, silver, and gold across various categories.

Surge Copper also owns the Ootsa Property, adjacent to the Huckleberry Copper Mine, containing similarly compliant resources. The Berg Project and Ootsa Property are overseen by Dr. Shane Ebert, P.Geo., and Mark Wheeler, P.Eng., both Qualified Persons under NI 43-101.

Surge Copper is dedicated to exploring and advancing its critical metals district responsibly, focusing on economically viable and environmentally sound mining practices. The company’s commitment to transparency and innovation underscores its role in advancing mining efficiency.

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