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
CEO
Highlights
7,500m Phase Two Drilling commences on
Building on discovery at
Exceptional exploration team in place to drive the discovery process
Drilling at
At present, the Company has generated 38 priority drill targets along the 12 km mineralized corridor.The targets include favorable locations adjacent to Heimdall, those with coincident metal in soil anomalies and preferential structural trends, and several other targets with multiple overlapping favourable geological, structural, geochemical and geophysical features.These targets were generated via a combined effort between the
Oblique view of the
Internal analysis and a recent SRK report suggest that the footwall of mineralization in this area is defined by an argillite unit. Importantly, the contact of the argillite has a distinct bend and the highest-grade ore shoot is parallel to the plunge of this bend. Drilling at the Heimdall zone in 2022 will look to test the down plunge projection to the north as well as the down plunge projection of the highest-grade intersections along the bend in the argillite contact.
Regional Exploration
Leading into the Phase 2 program, the Company is armed with a new and robust structural interpretation of the project and several very compelling target areas have stood out. Drilling will systematically test and explore each target with an aim to uncover multiple mineralized bodies along the trend, as is seen in similar silver-base metal districts like Coeur d'Alene and
Several structural and geophysical targets along the 12 kilometre mineralization trend have been identified that require further surface mapping and sampling. The Company will conduct the regional exploration work in parallel with its drill campaign.
About
Contact:
Tel: (416) 643-3887
Email: info@sterlingmetals.ca
Web: www.sterlingmetals.ca
This press release includes 'forward looking statements', within the meaning of applicable securities legislation, which are based on the opinions and estimates of management and are 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 statements. Forward-looking statements are often, but not always, identified by the use of words such as 'seek', 'anticipate', 'budget', 'plan', 'continue', 'estimate', 'expect', 'forecast', 'may', 'will', 'project', 'predict', 'potential', 'targeting', 'intend', 'could', 'might', 'should', 'believe' and similar words suggesting future outcomes or statements regarding an outlook. Such risks and uncertainties include, but are not limited to, risks associated with the mining industry (including operational risks in exploration development and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainties involved in the discovery and delineation of mineral deposits, resources or reserves; the uncertainty of resource and reserve estimates and the ability to economically exploit resources and reserves; the uncertainty of estimates and projections in relation to production, costs and expenses; the uncertainty surrounding the ability of the Company to obtain all permits, consents or authorizations required for its operations and activities and health and safety and environmental risks), the risk of commodity price and foreign exchange rate fluctuations, the ability of Company to fund the capital and operating expenses necessary to achieve the business objectives of Company, the uncertainty associated with commercial negotiations and negotiating with foreign governments and risks associated with international business activities, as well as those risks described in public disclosure documents filed by Company. Due to the risks, uncertainties and assumptions inherent in forward-looking statements, prospective investors in securities of Company should not place undue reliance on these forward-looking statements.
Statements in relation to 'resources' and 'reserves' are deemed to be forward-looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves described can be profitably produced in the future.
Readers are cautioned that the foregoing lists of risks, uncertainties and other factors are not exhaustive. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements contained in this press release or in any other documents filed with Canadian securities regulatory authorities, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
(C) 2022 Electronic News Publishing, source