Surge Copper's Berg Project Posts $4.6B NPV in Pre-Feasibility Study

Surge Copper Corp., listed on the TSXV as SURG, experienced a notable increase in its stock price of 7.55% on August 7, 2026, making it one of the top copper-stock gainers.

The company's flagship project is the Berg Copper Project, located in central British Columbia, which is a large undeveloped copper-molybdenum-silver-gold project.

A recent Pre-Feasibility Study (PFS) conducted in June 2026 reported an impressive C$4.6 billion after-tax NPV8%, a 24% IRR, and a 2.9-year payback period under base-case commodity-price assumptions.

The study also showed that the project's economics are highly sensitive to metal prices, with a sensitivity case using June 2026 spot prices producing an estimated C$9.4 billion after-tax NPV8% and 36% IRR.