Sterling Metals Corp. , is pleased to announce the commencement of 2022 exploration activities on the Sail Pond project, Newfoundland. The 2022 exploration program will have a two-fold focus, with a geological team focusing on drilling and another team focused on regional target generation and project enhancement. Drilling will focus on the 2021 Heimdall Zone discovery as well as exploring for new zones in highly [...]
Sterling Metals Corp. is pleased to announce that it has closed a non-brokered private placement through the issuance of 6,428,571 charity flow-through units at a price of $0.28 per Unit for aggregate gross proceeds of $1,799,999.88 . The Charity FT Units were issued as part of a charity arrangement structured by PearTree Securities Inc. Each Charity FT Unit is comprised of one common share in the capital of the Company [...]
Sterling Metals Corp. is pleased to announce that, further to its press releases of April 18, 2022 and April 21, 2022, the Company has closed a non-brokered private placement through the issuance of 15,000,000 units at a price of $0.20 per Unit for aggregate gross proceeds of $3,000,000 . Each Unit shall be comprised of one common share in the capital of the Company and one Common Share purchase warrant of the Company [...]
Sterling Metals Corp. is pleased to announce that further to its press release of April 18, 2022, the Company has increased the size of its non-brokered private placement to up to 15,000,000 units at a price of $0.20 per Unit for aggregate gross proceeds of up to $3,000,000 . Each Unit shall be comprised of one common share in the capital of the Company and one Common Share purchase warrant of the Company. Each Warrant [...]
Sterling Metals Corp. is pleased to announce a non-brokered private placement of up to 12,500,000 units at a price of $0.20 per Unit for aggregate gross proceeds of up to $2,500,000 . Each Unit shall be comprised of one common share in the capital of the Company and one Common Share purchase warrant of the Company. Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of $0.40 per Common [...]
Sterling Metals Corp. is pleased to report results from its phase 2 drilling on the south zone of the Sail Pond Silver and Base Metal Project in the Great Northern Peninsula of Newfoundland. The company will be hosting a zoom webinar at 10am EST on Thursday February 24, 2022, to discuss these findings in more detail. Significant drill results are listed below: 144.0 g/t Ag Eq over 12.2 m in hole SP-21-034 beginning at [...]
Sterling Metals Corp. is pleased to report the second batch of assays from its maiden drilling program on the Silver-Copper-Lead-Zinc Sail Pond Project located on the Great Northern Peninsula of Newfoundland, Canada. The company is currently drilling its 40th drill hole on the Project with a focus on the South Zone. Highlights include: 4,413.58 g/t Aq Eq, comprised of 1,572 g/t Ag, 5.84% Cu, 29.2% Zn, 0.55 g/t Au, 7.8 [...]
Sterling Metals Corp. is pleased to report the first assays from its maiden drilling program on the Silver-Copper-Lead-Zinc Sail Pond Project located on the Great Northern Peninsula of Newfoundland, Canada. The company completed 16 drill holes in its Phase 1 program and from the data gathered launched a Phase 2 program focused on the South Zone of the Project. The first and only series of assay results the company has [...]
Sterling Metals Corp. is very pleased to report the commencement of a maiden drilling program on the Silver-Copper-Lead-Zinc Sail Pond project located on the Great Northern Peninsula of Newfoundland, Canada. The drilling program will comprise of an initial 7,500 metres with one drill and is expected to take approximately 4 months to complete. Initial drill holes will target the South Zone, where previous exploration [...]
Sterling Metals Corp. has received a receipt of approval from OTC Markets Group to trade on the OTCQB Venture Market, effective May 24, 2021, under the symbol SAGGF. The OTCQB quotation will increase the accessibility of the company to United States-based retail and institutional investors and aligns well with the company's focus on its mineral properties within North America. The company profile can be viewed at the OTC [...]
Sterling Metals Corp. and GoldSpot Discoveries Corp are very pleased to report on the results of a property-wide comprehensive data review, compilation, and target generation using traditional geological and machine learning methods. The results of this exercise identified 33 drill targets, ranked in order of priority with 18 identified as the highest priority silver and base metal targets. Accordingly, Sterling Metals is [...]
Sterling Metals Corp. announces that it has granted an aggregate of 750,000 options to purchase common shares of the Company exercisable at a price of $0.52 per common share for a period of two years to directors, officers and consultants of the Company. The common shares issuable upon exercise of the options are subject to a four month hold period from the original date of grant. For more information, please contact [...]