Tag: Sterling Metals Corp.

Sterling Metals released results from the final holes of the Phase 2 drill program at its 100%-owned flagship Sail Pond Ag-Cu-Pb-Zn project in Newfoundland. The latest results are from the South Zone, where drilling has identified a large mineralized system, the Heimdall zone. In our view, Sterling has made good progress with defining the mineralization at Sail Pond with its maiden drilling program, which appears to occur in discrete structurally controlled areas along the 12km trend. We believe further drilling, planned for Q2/22, could identify additional mineralization along the trend and expand the Heimdall Zone.

Sterling Metals reported the first assays from the maiden drill program at its now 100%-owned Sail Pond Ag-Cu-Pb-Zn project located on the Great Northern Peninsula of Newfoundland. Results from nine holes at the South Zone confirm that Sail Pond hosts high-grade Ag-polymetallic mineralization. These results validate the thesis we outlined in our initiation report that the company could make a brand-new discovery at Sail Pond with its maiden drill program. We believe continued positive results from the 25 holes at the lab and ongoing drilling could continue to re-rate the stock.