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Building a top five Canadian copper mine: Surge Copper's Leif Nilsson says PFS is due in 2026
Description
Mining Stock Daily welcomes back Leif Nilsson, CEO of Surge Copper, to discuss the advancing Berg project in Western British Columbia. With copper trading north of $5.00/lb and molybdenum showing strong sustained pricing, Surge is preparing a major milestone: a pre-feasibility study (PFS) slated for mid-2026.
Key Topics Discussed:
The 2026 PFS Roadmap: Timeline for delivery (targeting late March/early April) and expected improvements over the 2023 PEA.
Scaling Up: The shift to a 120,000 tpd throughput model and the impact of new drilling on the resource model.
Metallurgy & Economics: Updates on copper and molybdenum recoveries and how recent federal tax credits are influencing project economics.
Infrastructure & Location: Differentiating Berg from the Golden Triangle—access via existing Forest Service Roads, proximity to grid power, and lower elevation logistics.
Permitting: Preparing to formally enter the BC Environmental Assessment process and the support seen from the provincial Critical Minerals Office.
The Macro Picture: Capital intensity trends and the M&A landscape for large-scale Canadian copper assets.
Company InformationSurge Copper Corp. is a Canadian-based mineral exploration company focused on the acquisition, exploration, and development of mineral properties. The company owns a 100% interest in the Berg Project and the Ootsa Property in British Columbia.