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 [...]
Stuhini Exploration Ltd. is pleased to provide an update on its ongoing 2021 exploration work at the Ruby Creek Project located 20 kilometres east of Atlin, BC. 2021 Exploration Results include the following: Additional mineralized structures were identified in the Silver Surprise area with similar textures and mineralogy as the original discovery where 2020 sampling yielded silver assays of 391 g/t up to 14,179 g/t [...]
Stuhini Exploration Ltd. is pleased to announce that it has agreed to issue 48,936 common shares of the Company on a "shares-for-debt" basis in settlement of a debt of $23,000 owing to its Vice-President Exploration, Ehsan Salmabadi . The Debt Shares are being issued at a deemed price of $0.47 per share, in accordance with the policies of the TSX Venture Exchange . The issuance of the Debt Shares to Mr. Salmabadi [...]
Stuhini Exploration Ltd. is pleased to announce the appointment of Dr. Stewart A. Jackson, P.Geo. to the Advisory Board. The Company also confirms the extension of an investor relations contract with Natrinova Capital Inc. and the grant of stock options to certain directors, officers and consultants. Appointment of Dr. Jackson to Advisory Board Dr. Jackson is a Professional Geologist accredited in Ontario, Canada. He [...]
Stuhini Exploration Ltd. announces that it has acquired two mineral properties. The Island Property was acquired from Brixton Metals Corporation's for $60,000 cash and is roughly 1,277 hectares in size. The Island Property is located near Atlin, BC and is contiguous with the south-central border of the Company's Ruby Creek Property. Brixton is an arm's length party to the Company and no finder's fees were paid in [...]
Stuhini Exploration Ltd. is pleased to announce the completion of its non-brokered private placement previously announced on June 17, 2021. The Company issued 2,000,000 common shares that qualify as "flow-through shares" for the purposes of the Income Tax Act at a price of $0.65 per Flow-Through Common Share and 2,000,000 common shares at a price of $0.50 per Common Share for aggregate gross proceeds to the Company of [...]
Stuhini Exploration Ltd. is pleased to announce a $2,300,000 non-brokered private placement comprising the following: 2,000,000 common shares that qualify as "flow-through shares" for the purposes of the Income Tax Act at a price of $0.65 per FT Common Share for aggregate gross proceeds to the Company of $1,300,000. 2,000,000 non flow-through common shares at a price of $0.50 per share for aggregate gross proceeds of [...]