Stelmine Canada's Till Geochemistry Program at Courcy Confirms Five New Targets
Stelmine Canada ("Stelmine" or "The Company") has successfully completed a till geochemical survey on the Courcy project, confirming the presence of several additional exploration targets. The survey involved collecting 186 till samples and 8 rock samples, specifically targeting the extensions of known gold-mineralized zones. Notable highlights include the identification of five anomalies with high values in gold, copper, and arsenic, as well as the discovery of gold values of up to 272 ppb in the tills. These findings provide valuable insights for future drilling and exploration efforts.
Exploration Potential and Previous Discoveries
The main anomaly, located approximately 7.5km southwest of the previously drilled discovery area, presents a promising target for further investigation. Stelmine's drilling in Zone 1 yielded significant results, including intersections with visible gold. The presence of visible gold is comparable to the 2006 discovery by SOQUEM, further emphasizing the exploration potential of the Courcy property.
Implications for High Priority Drilling
Isabelle Proulx, President and CEO of Stelmine, expressed enthusiasm for the newly identified exploration targets and their potential impact on high priority drilling. The Company believes that these results will contribute to defining new drilling targets and advancing the understanding of the Courcy property's mineralization potential.
Till Sampling and Quality Control
Stelmine follows a strict QA/QC protocol in the collection and handling of till samples. Samples are collected using a clean metal shovel, ensuring the exclusion of coarse pebbles and organic material. Each sample is recorded with detailed information, including sample number, UTM coordinates, and a brief description. The samples are then transported to the Actlabs laboratories in Ancaster, Ontario, for analysis using reliable methods.
Qualified Person and Technical Information
The technical information presented in this release has been reviewed and approved by Friedrich Speidel, PGeo, M.Sc., Vice President Exploration of the Company. Mr. Speidel is the qualified person responsible for the scientific and technical information contained herein under National Instrument 43-101 standards.
About Stelmine Canada
Stelmine Canada is a junior mining exploration company focused on the Caniapiscau gold district in the under-explored eastern part of the Opinaca metasedimentary basin in Quebec. With 100% ownership of extensive claims in this region, including the Courcy and Mercator Projects, Stelmine is pioneering the exploration of this promising gold district.
Forward-looking Statements and Cautionary Note
This press release contains forward-looking statements that involve risks, uncertainties, and other factors that could cause actual results to differ materially from the expressed or implied statements. Stelmine disclaims any intention or obligation to update or revise these forward-looking statements, except as required by applicable securities laws.
For further information, please contact:
Isabelle Proulx, President and CEO
Stelmine
Investor Relations:
Tel: 418-626-6333
MarketSmart Communications Inc
info@stelmine.com
Adrian Sydenham
Toll-free: 1-877-261-4466
info@marketsmart.ca
Hot Take: Stelmine's Geochemistry Program and Its Impact on New Mining Ventures
Stelmine Canada's successful completion of a till geochemistry program on the Courcy project, which confirmed five new exploration targets, could have significant implications for new businesses in the mining sector. The survey, which collected 186 till samples and 8 rock samples, targeted the extensions of known gold-mineralized zones and identified five anomalies with high values in gold, copper, and arsenic.
Implications for New Mining Ventures
The identification of these new targets provides a blueprint for new businesses in the mining sector. The results of Stelmine's survey could guide these businesses in their exploration efforts, helping them identify promising areas for drilling and potentially increasing their chances of finding valuable mineral deposits.
Lessons from Stelmine's Approach
New businesses could also learn from Stelmine's rigorous approach to till sampling and quality control. The company's strict QA/QC protocol and its use of reliable methods for sample analysis could serve as a model for new businesses looking to ensure the accuracy and reliability of their exploration efforts.
Future Prospects
Despite the risks and uncertainties associated with mining exploration, as highlighted in Stelmine's forward-looking statements, the potential rewards are significant. New businesses that can successfully navigate these challenges and capitalize on the opportunities identified through programs like Stelmine's could stand to make substantial gains in this promising sector.
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