Canadian exploration firm Surge Copper has named Leif Nilsson as its chief executive officer. He replaces Shane Ebert, who will continue as the company’s president and vice president of exploration.
Prior to Surge, Nilsson served as senior vice president of the Macquarie Group, an Australian investment bank with advisory functions in the mining sector. He has also advised on numerous high-profile mergers and acquisitions in the Canadian capital market.
Surge Copper owns the Ootsa Property in British Columbia, Canada, an advanced exploration project near Imperial Metals’ Huckleberry copper mine. The project is touted to hold large deposits of copper and gold. The company also owns a 70pc stake in the Berg project, 28kms away from Ootsa, which is estimated to hold 397mn mt of mineral deposits, grading 0.44pc copper.