Building a top five Canadian copper mine: Surge Copper's Leif Nilsson says PFS is due in 2026
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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.