Sterling Metals Corp. is pleased to announce the commencement of its 2023 drilling program at the Sail Pond Project located in the Great Northern Peninsula of Newfoundland. The drill program will test for potential large accumulations of high-grade silver and copper mineralization in six new anomalies identified in the recently completed Orion 3D geophysical survey , including a potential source to the Heimdall North Zone [...]
Sterling Metals Corp. is pleased to announce the completion of the Deep Orion 3D geophysical survey and report the balance of results from its 2022 drilling on the Sail Pond Silver and Base Metal Project in the Great Northern Peninsula of Newfoundland. Drilling results are from the regional exploration program focused on the North and Central Zones. Highlights: Orion Survey Four new exploration targets discovered [...]
Sterling Metals Corp. is pleased to announce that further to its press releases of March 29, 2023 and April 4, 2023, it has completed its previously announced brokered private placement through the issuance of 6,700,000 charity flow-through units , at C$0.225 per Charity FT Unit, 11,914,200 flow-through units , at C$0.17 per FT Unit, and 19,625,000 hard dollar units , at C$0.15 per HD Unit of the Company for aggregate [...]
Sterling Metals Corp. is pleased to announce that, further to its press release of March 29, 2023 it has entered into an agreement with PI Financial Corp. as sole agent and bookrunner, to increase its previously announced marketed best efforts private placement . The Offering has been upsized to up to 6,700,000 charity flow-through units , at C$0.225 per Charity FT Unit, up to 11,914,200 flow-through units , at C$0.17 per [...]
Sterling Metals Corp. is pleased to announce that it has entered into an agreement with PI Financial Corp. as sole agent and bookrunner, in connection with a marketed best efforts private placement of up to 6,700,000 charity flow-through units , at C$0.225 per Charity FT Unit, up to 6,000,000 flow-through units , at C$0.17 per FT Unit, and up to 16,700,000 hard dollar units , at C$0.15 per HD Unit of the Company to raise [...]
Sterling Metals Corp. and is pleased to announce that, further to its press release dated March 6, 2023, the Company has obtained approval from the TSX Venture Exchange with respect to the option agreement dated March 3, 2023 with Chesterfield Resources Plc. and its wholly owned subsidiary Chesterfield Inc. pursuant to which SAG has been granted the exclusive option to acquire a 100% interest in the Adeline Copper-Silver [...]
Sterling Metals Corp. is pleased to announce that it has entered into an option agreement dated March 6, 2023, with Chesterfield Resources Plc. and its wholly owned subsidiary Chesterfield Inc. and together with Chesterfield pursuant to which SAG has been granted the exclusive option to acquire 100% of the Adeline Copper-Silver Project in Labrador, Canada . Highlights of the Adeline Copper-Silver Project: 297 km2 [...]
Sterling Metals Corp. is pleased to announce that it has commenced its 2023 field exploration program at the Sail Pond Silver and Base Metal Project in the Great Northern Peninsula of Newfoundland. Following up on the recent discovery at Heimdall North, the Company has engaged Quantec Geoscience to conduct an Orion 3D Swath DCIP and MT survey. The survey is designed to identify larger bodies of mineralization close to [...]
Sterling Metals Corp. is pleased to announce the appointment of Dr. Neil O'Brien, PhD, and Dr. Stephen J. Piercey, PhD, P.Geo., FGC, to its technical advisory board. Sterling Metals has also promoted Mr. Jeremy Niemi to Senior Vice President, Exploration and Evaluation. The appointments come at a critical time in the Company's growth with the recent expansion of the mineral footprint at Sail Pond and a concentrated effort [...]
Sterling Metals Corp. is pleased to report results from its 2022 drilling on the Sail Pond Silver and Base Metal Project in the Great Northern Peninsula of Newfoundland. Drilling results are from the Heimdall Zone and new zone 500m north of Heimdall. The company will be hosting a zoom webinar at 2PM EST on Monday December 12, 2022, to discuss these findings in more detail. Registration for the event can be found at [...]
Sterling Metals Corp. is pleased to share an open letter from Chief Executive Officer Mathew Wilson to shareholders of the company: Dear Fellow Shareholders, We are pleased to provide an update on our 2022 exploration program at the Sail Pond project in Western Newfoundland. Drilling and field exploration is progressing well even as our industry is contending with many difficult factors. Declining prices in both broader [...]
Sterling Metals Corp. is pleased to report the voting results from its annual and special meeting held on August 2, 2022 . At the Meeting, shareholders approved the election of directors, the appointment of Baker Tilly WM LLP as auditor of the Company and the adoption of an omnibus long-term incentive plan. The Company omnibus long-term incentive plan is a rolling 10% plan, and it aligns with certain revisions made to TSX [...]
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