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 [...]
Not for Distribution to United States News Wire Services or for Dissemination in the United States Sterling Metals Corp. is pleased to announce that, further to its press releases of March 15, 2021 and March 17, 2021, the Company has closed a non-brokered private placement through the issuance of 2,981,925 units at a price of $0.52 per Unit and 2,542,805 flow-through units at a price of $0.57 per FT for aggregate gross [...]
Sterling Metals Corp. is pleased to announce that further to its press release of March 15, 2021, the Company has increased the size if its non-brokered private placement to gross proceeds of up to $3,000,000 through the issuance of units at a price of $0.52 per Unit and flow-through units at a price of $0.57 per FT . Each Unit shall be comprised of one common share in the capital of the Company and one Common Share [...]
Sterling Metals Corp. is pleased to announce a non-brokered private placement through the issuance of units at a price of $0.52 per Unit and flow-through units at a price of $0.57 per FT 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 [...]
Sterling Metals Corp. is pleased to announce that it has been named to the 2021 TSX Venture 50, a ranking of top performing companies traded on the TSX Venture Exchange. Sterling was ranked third in the Mining Sector with a market cap increase of 1,387% and a share price increase of 580% during the calendar year of 2020. The TSX Venture 50 is an annual program showcasing the top performing listed companies from five [...]
Sterling Metals Corp. is very pleased to report on the results of the 2020 soil sampling program from its Sail Pond Silver Project located on the Great Northern Peninsula of Newfoundland. The multi-element soil results, as illustrated in Figure 1, confirm the presence and expand upon the Company's expectations of multi-kilometer scale linear silver, copper, zinc and lead soil anomalies in the central core of the Project [...]
Sterling Metals Corp. is pleased to announce that, further to its press release of December 18, 2020 and pursuant to the terms of a definitive option agreement dated September 23, 2020 between the Company and Altius Resources Inc. , a wholly-owned subsidiary of Altius Minerals Corp., the Company has settled $200,000 owing to Altius through the issuance of an aggregate of 606,061 common shares at a deemed price of $0.33 [...]
Sterling Metals Corp. is very pleased to announce the results of its initial reconnaissance prospecting program on its recently acquired Sail Pond project located in northwestern Newfoundland. Following acquisition of the Project in October 2020, the Company immediately initiated a work program comprised of prospecting, along with bedrock mapping, B-horizon soil sampling, and a 60 km2 LiDAR and orthoimagery survey . The [...]
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