Stuhini Exploration Ltd. and is pleased to announce that it has closed the first tranche of its non-brokered private placement previously announced on August 2, 2022 for aggregate gross proceeds to the Company of $1,026,125. Under the first tranche of the Private Placement, the Company has issued a total of 2,142,500 flow-through units of the Company at a price of $0.45 per FT Unit for total gross proceeds to the Company [...]
VANCOUVER, BC , Aug. 4, 2022 /CNW/ - Stuhini Exploration Ltd. is pleased to announce that the Company's President and CEO, David O'Brien will be hosting an upcoming webinar day in connection with the Company's most recently announced $1,500,000 private placement financing . The Webinar will allow Stuhini shareholders and interested investors to view an interactive live investor presentation, followed by a Q&A session. A [...]
Stuhini Exploration Ltd. and is pleased to announce a non-brokered Private Placement of aggregate gross proceeds to the Company of up to $1.5 million . The Company is pleased to advise that Sprott Asset Management LP has agreed to purchase $495,000 of the Private Placement. The Private Placement will consist of a combination of: flow-through units of the Company at a price of $0.45 per FT Unit ; and non-flow through units [...]
Stuhini Exploration Ltd. is pleased to announce that SkyTEM Surveys Canada has completed a high resolution airborne geophysical survey at its Big Ledge zinc project located 57 kilometres south of Revelstoke, BC. The 50.93 square km survey utilized SkyTEM's proprietary time domain electromagnetic and magnetic survey system which is attached to a helicopter. The results are used as an aid in mapping the geology and the [...]
Stuhini Exploration Ltd. is pleased to announce that it has filed on SEDAR an independent technical report and mineral resource estimate titled " Technical Report, Ruby Creek Project, Northern British Columbia, Canada" effective March 10, 2022 and dated April 22, 2022 for the Ruby Creek molybdenum deposit. The Technical Report was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral [...]
Stuhini Exploration is pleased to announce a pit-constrained Mineral Resource Estimate, for the Ruby Creek molybdenum deposit, located 35 km by road east of Atlin. The MRE was undertaken by Mine Development Associates, a division of RESPEC. The effective date of this MRE is March 10, 2022 and an NI 43-101 Technical Report will be filed on SEDAR within 45 days of this news release and posted on the Company's website. Open [...]
Stuhini Exploration is pleased to announce the discovery of additional high-grade silver mineralization at the Silver Surprise Target, and a new high-grade showing at the Daybreak Target on its Ruby Creek Project. The Silver Surprise and Daybreak Targets are approximately 7 km and 5 km northeast of the historic Ruby Creek molybdenum deposit. Silver Surprise Highlights Three mineralized structures were found within [...]
Stuhini Exploration Ltd. is pleased to provide an update on gold exploration work at the Ruby Creek Project, 14 kilometres east of Atlin, BC, Canada. Highlights from 2021 Sampling native gold identified in two historic condemnation drill holes. Assays of 5.72 g/t Au, 167 g/t Ag, 0.18 % Cu and 1.35 % WO3 over 1.75 metres, including 9.27 g/t Au, 225 g/t Ag, 0.30 % Cu and 2.19 % WO3 over 1 metre from the extension of the [...]
Stuhini Exploration Ltd. is pleased to announce that pursuant to its Option Agreement with Global Drilling Solutions Inc. to acquire 100% of the Ruby Creek Property in northwestern British Columbia, Canada , the Company has elected to renew its option on the Property . Pursuant to the Agreement, Stuhini can earn a 100% interest in the Property by issuing up to 7,300,000 common shares of the Company and making cash [...]
Stuhini Exploration Ltd. is pleased to announce that at the Company's Annual General Meeting held on December 14, 2021, shareholders voted to re-elect Anthony Fogarassy, David O'Brien, Fiore Aliperti and Kazuki Nohdomi as directors of the Company, re-appoint Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants as auditor of the Company, and approve the renewal of the Company's "rolling 10%" stock [...]
Stuhini Exploration Ltd. is pleased to provide a technical update on its Ruby Creek Molybdenum project located 35 kilometres by road east of Atlin, BC. The Company has retained Mine Development Associates , a division of RESPEC, to update the 2009 Ruby Creek molybdenum historic resource estimate, which was prepared for a prior operator, into a current mineral resource estimate. The data review, modelling and resource [...]
Stuhini Exploration Ltd. is pleased to announce the completion of its previously announced shares-for-debt settlement . Under the Debt Settlement, the Company issued to Sabalan Consulting Ltd. 48,936 common shares of the Company at a deemed issue price of $0.47 per share to settle a $23,000 debt owing to Sabalan . Sabalan is a wholly-owned corporation of Mr. Ehsan Salmabadi, Vice President Exploration of the Company. The [...]