- Sabalenka blows away Andreeva to reach Melbourne quarter-finals
- Hope, fear at Paris rally for Gaza hostages
- Separated by LA wildfires, a happy reunion for some pets, owners
- France's Moutet 'collapsed in shower' before Australian Open match
- In US, teleworkers don't want to turn back
- Covid's origins reviewed: Lab leak or natural spillover?
- Trump arrives in Washington ahead of Monday's inauguration
- Steady Straka takes four-shot lead in PGA Tour's American Express
- Kelce, Mahomes double-act leads Chiefs past Texans in NFL playoffs
- Barcelona's Balde complains of racist abuse in Getafe draw
- Frustrated Barca fail to capitalise on Atletico La Liga slip
- More Kenyan police land in Haiti to bolster security mission
- McGlynn leads youthful USA to friendly win over Venezuela
- Barcelona stumble to frustrating Getafe draw in title setback
- Lukaku fires Napoli six points clear at Atalanta, Juve sink Milan
- Milder winds help LA firefighters as Trump vows to visit
- S. Korean court extends impeached president's detention, angering supporters
- Wirtz has Leverkusen on Bayern's heels to keep repeat title 'dream' alive
- Arsenal must take blame for Villa fightback: Arteta
- Nunez late show extends Liverpool's lead, Arsenal held by Aston Villa
- Russian attacks kill six across Ukraine, Kyiv says
- Northampton, Leinster claim Champions Cup pool top spots
- Arsenal's title bid rocked by Villa fightback
- Superb Wirtz keeps Leverkusen on pace with leaders Bayern
- Detention extended for S. Korea's impeached president
- Thousands attend funeral of Liberian ex-warlord Prince Johnson
- Barcola strikes as PSG fight back to beat Lens
- Juventus into Serie A Champions League spots with victory over AC Milan
- Kane calls on Bayern to extend with pal Dier
- Kenya sends 217 more police officers to Haiti mission
- Nunez late show a significant moment for Liverpool, says Slot
- Northampton claim Champions Cup pool top spot with Munster thriller
- Hillier holds narrow Dubai lead as McIlroy hopes for final-round surge
- Leganes snap Liga leaders Atletico's winning streak
- Nunez rides to Liverpool's rescue, Newcastle thrashed by Bournemouth
- Leaders Liverpool strike late as Nunez sinks Brentford
- Trump launches his own meme coin, value soars
- Goretzka double helps Bayern go seven clear
- Hillier holds narrow Dubai lead as McIlroy eyes final-round surge
- Kluivert hat-trick helps Bournemouth snap Newcastle streak
- Odermatt continues Swiss roll with downhill win in Wengen
- 'Proud' Collins dumped out of Australian Open to boos
- French skier Giezendanner helicoptered off mountain after Wengen crash
- Over 55,000 displaced Sudanese return to southeastern state: IOM
- Noman and Sajid help Pakistan dominate West Indies in spin battle
- Sinner vows to raise level after romping into Australian Open last 16
- 'Great day' for happy couple Svitolina, Monfils at Australian Open
- Collins dumped out of Australian Open to boos
- Gaza ceasefire to begin Sunday morning
- Mbappe improving every game: Real Madrid coach Ancelotti
Sterling Metals Maiden Exploration Program Delivers Multiple New Drill-Ready Copper Targets Following Successful 3D IP Survey at Copper Road
Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to announce the completion of its 3D induced polarization and resistivity survey (the "Survey") at the Copper Road Project (the "Project") in Ontario, Canada. This survey covered an expansive 5km by 3km area in the center of the Project, successfully pinpointing multiple high-priority, drill-ready targets. These findings are significant, highlighting both the potential of the near surface target zones as well as the Project's capacity to host a large-scale copper porphyry mineral system at depth (Figure 1).
Highlights:
The Survey has identified multiple chargeable bodies at or near surface, along with several resistivity low anomalies that correlate with copper found in historical drill holes or outcrops;
Numerous areas of interest across the Survey appear interconnected, linking to what may be a large porphyry center at depth as mapped by the regional and deep looking ZTEM survey (see Figure 1). This interconnected "plumbing" system enhances the geological prospectivity of the area;
The area for initial drill targeting has now been narrowed from the 5km x 3km Survey to the corresponding ZTEM anomaly that aligns with surface IP, resistivity lows and surface mineralization. This high-priority target is approximately 2.5km x 1.5km x 1.5km; and
The Company is currently designing its initial drill campaign aimed to test the hypothesis of extensive near-surface copper zones connected to a larger porphyry center at depth. Additional targets identified during the Survey will be systematically reviewed and refined against surface, historical drilling, IP, resistivity and mag signatures.
Jeremy Niemi, SVP Exploration and Evaluation, commented, "We are very happy with how our maiden exploration season has advanced at the Copper Road Project. We took a very purposeful approach to develop geologically rich evidence for a large-scale copper porphyry mineral system and to identify targets that have the potential to host significant volumes of copper and molybdenum. In just eight months, we have achieved this and set the stage for drilling very exciting targets."
The primary objective of the survey was to identify sizeable chargeable anomalies within the priority area of the Project. Physical property testing on historical drill core has demonstrated that copper sulphide mineralization generates a strong and consistent chargeability response. The survey has identified numerous chargeability zones across the survey area which are hundreds of metres to over 1km in length and width. Zones isolated as the highest priority have favourable surface geology, scale, corresponding low resistivity signature, and apparent connectivity to deeper resistivity low bodies mapped by ZTEM airborne data. These deeper bodies may represent geologically important porphyry source chambers to deposit copper-molybdenum mineralization.
The Survey results also highlight the possibility of multiple intrusive bodies, which may represent different geological events, near surface with connections to larger porphyry centers at depth. The presence of these potential deep sources enhances the geological setting and priority of the identified targets. Identifying earlier phases of the porphyry system, which may host multiple overlapping mineralizing events, is important due to the potential of enriching copper and molybdenum sulphide concentrations.
The Company is actively working with the newly acquired data to design a drill program focused on testing the priority targets and closely examining secondary targets to build a robust exploration portfolio. Historical drilling, recent mapping, prospecting, systematic soil sampling, and property-wide airborne magnetics and Lidar surveys collectively support the potential for a large copper porphyry mineral system at Copper Road.
The next step for the Company is to initiate drilling on the priority targets to seek significant accumulations of copper and molybdenum mineralization related to the porphyry system.
Mathew Wilson, CEO and Director, commented, "One year ago, when we reviewed and acquired this Project, we recognized the immense potential it held, situated between two historical mines and in a Tier 1 jurisdiction. This last year has been an effort to determine if we could narrow our search radius to an area that was both explorable for a company of our size as well as hosting sufficient scale when compared to other porphyry targets around the world. We feel we have done both those things and look forward to the next phase of exploration as we continue to benefit from the second to none infrastructure and access of this copper porphyry exploration project."
Qualified Person
Jeremy Niemi, P.Geo., Senior Vice President, Exploration and Evaluation for Sterling Metals has reviewed and approved the technical information presented herein.
About Sterling Metals
Sterling Metals (TSXV: SAG and OTCQB: SAGGF) is a mineral exploration company focused on large scale and high-grade Canadian exploration opportunities. The Company is advancing the 25,000-hectare Copper Road Project in Ontario which has past production, and multiple breccia and porphyry targets strategically located near robust infrastructure and the 29,000-hectare Adeline Project in Labrador which covers an entire sediment-hosted copper belt with significant silver credits. Both opportunities have demonstrated potential for important new copper discoveries, underscoring Sterling's commitment to pioneering exploration in mineral rich Canada.
For more information, please contact:
Sterling Metals Corp.
Mathew Wilson, CEO and Director
Tel: (416) 643-3887
Email: [email protected]
Website: www.sterlingmetals.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
1 Independent Technical Report entitled "Technical Report on the Copper Road Property", dated April 29, 2024, prepared by Kelly Malcolm, P.Geo., for Sterling Metals Corp.
SOURCE: Sterling Metals Corp.
K.Hill--AT