Stelmine Canada Ltd.

Stelmine Canada. A recent IP survey completed on the Mercator property has led to the discovery of a northward extension of the Meridian Zone covering an area of 2 km X 300 m. This new area, the T-Rex Zone, displays similar geophysical responses to those detected on the Meridian Zone, reflecting substantial disseminated sulphides associated with gold mineralization in iron formations. Mercator is located in northeastern [...]

Stelmine Canada. The company recently conducted a thin section petrographic study of surface and mineralized drill core samples from the Mercator gold property. The study has provided a better understanding of the type of mineralization and process of formation. This newfound knowledge will lead to more efficient and effective exploration and mining practices. The Mercator property is situated in northeastern Quebec [...]

Stelmine Canada is pleased to announce that it has closed a non-brokered private placement of flow-through units for gross proceeds of $432,000. The Company issued a total of 2,400,000 FT Units at a price of $0.18 per FT Unit. Each FT Unit consisted of one common share of the Company to be issued as a "flow-through share" within the meaning of subsection 66 of the Income Tax Act and section 359.1 of the Taxation Act . In [...]

Stelmine Canada is pleased to announce the beginning of its largest exploration program to date on the 100%-owned Mercator property located in northeastern Quebec. The exploration program has already started and will be completed by mid-October. This first exploration phase has several objectives conductive to a second stage entirely devoted to drilling. In detail, Phase 1 of the program will include: A definition Induced [...]

Stelmine Canada is please to announce the results of a till survey leading to three additional gold exploration targets outside the Meridian Zone on its 100% owned Mercator property. During the 2023 field season, the Company will implement various exploration strategies on these new targets. Highlights: Results from the till sample survey confirm the Meridian Zone mineralization and the method has proven successful in [...]

Stelmine Canada is pleased to provide a geological update on its 100% owned Mercator property located in northeastern Quebec. Stelmine completed a maiden diamond drilling campaign in 2022 totaling 1950 m in 13 holes collared on the gold-bearing Meridian Zone located at the core of the property. Project Highlights: Meridian Zone mineralization traced on surface over 2500 m x 500 m Drilling returned multiple lenses of gold [...]

Stelmine Canada is pleased to announce that the Company will exhibit at the Prospectors & Developers Association of Canada Conference at Booth 3239. During the conference Stelmine will showcase a recent gold discovery from its flagship Mercator property . Stop by our booth, meet the management team, and learn more about Stelmine's exciting projects. Stelmine is a gold focused explorer that is developing it's Mercator and [...]

Stelmine Canada announced the results of the annual meeting of its shareholders held on zoom on this date. During the Meeting, the candidates recommended by management, being André Proulx, Isabelle Proulx, Emmanuel Goulet, Julie Lemieux, Michel Boily and Normand Goulet, were elected as directors of the Company. Brunet Roy Dubé, CPA S.E.N.C.R.L, were appointed as the Company's independent auditors, and the Corporation's [...]

Stelmine Canada is pleased to announce results of 1950 m of diamond drilling from 13 holes collared in the Meridian Zone of the Mercator property, located in Caniapiscau mining district . This first phase of exploration drilling confirms an important gold mineralized system extending at least 1.7km X 500 m to a depth of 200 m. The best core intercepts were 17.8 m @ 2.62 g/t Au m, incl. 5.6m @ 4.87 g/t Au and 9.75 m @ 1.13 [...]

Stelmine Canada is pleased to announce that it has closed a non-brokered private placement of flow-through units for gross proceeds of $933,253.50. The Company issued a total of 3,110,845 FT Units at a price of $0.30 per FT Unit. Each FT Unit consisted of one common share of the Company to be issued as a "flow-through share" within the meaning of subsection 66 of the Income Tax Act and section 359.1 of the Taxation Act [...]