Sterling Metals Corp. is pleased to announce the commencement of its inaugural drill program at the Copper Road Project in Ontario. The fully funded, minimum 2,000-metre diamond drill program is scheduled to run until the end of April, targeting multiple high-priority zones. The program aims to test near-surface copper mineralization and its connection to a larger porphyry center at depth, as identified by extensive field [...]
Sterling Metals Corp. is pleased to announce that, further to its press releases of March 4, 2025, March 12, 2025 and March 17, 2025, the Company has closed a non-brokered private placement through the issuance of 6,082,000 units at a price of $0.25 per Unit for aggregate gross proceeds of $1,520,500 . Each Unit is comprised of one common share in the capital of the Company and one-half of one Common Share purchase [...]
Sterling Metals Corp. is pleased to announce that further to its press release of March 4, 2025 and March 12, 2025, the Company has increased the size of its non-brokered private placement to up to 6,400,000 units at a price of $0.25 per Unit for aggregate gross proceeds of up to $1,600,000 . Each Unit shall be comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant of [...]
Sterling Metals Corp. is pleased to announce that further to its press release on March 4, 2025, the Company has increased the size of its non-brokered private placement to up to 5,200,000 units at a price of $0.25 per Unit for aggregate gross proceeds of up to $1,300,000 . Each Unit shall be comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant of the Company. Each [...]
Sterling Metals Corp. is pleased to announce a non-brokered private placement of up to 4,000,000 units at a price of $0.25 per Unit for aggregate gross proceeds of up to $1,000,000 . Each Unit shall be comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant of the Company. Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of $0.40 per [...]
Sterling Metals is pleased to announce that it has filed articles of amendment to consolidate its issued and outstanding common shares on the basis of ten pre-consolidation Common Shares for one post-consolidation Common Share . The Consolidation was approved by shareholders of the Company at its annual and special meeting held on July 10, 2024. The Common Shares are expected to commence trading on the TSX Venture [...]
Sterling Metals Corp. is pleased to announce the completion of its 3D induced polarization and resistivity survey at the Copper Road Project in Ontario, Canada. This survey covered an expansive 5km by 3km area in the center of the Project, successfully pinpointing multiple high-priority, drill-ready targets. These findings are significant, highlighting both the potential of the near surface target zones as well as the [...]
Sterling Metals Corp. is pleased to announce the completion of its 5km x 3km 3D Induced Polarization survey at the Copper Road Project , following its comprehensive summer field program. Dias Geophysical covered the central area of the Project, covering 15 square kilometres . New copper sulphide mineralization has been identified at surface, aligning with preliminary IP survey results and areas of high chargeability [...]
Sterling Metals Corp. is pleased to provide an exploration update on its inaugural Phase 1 campaign at the Copper Road Project . The campaign has successfully defined an initial 5 x 5km high priority area. Located 80km north of Sault Ste. Marie, Ontario, Canada, Copper Road is a 25,000ha high-potential brownfield exploration project focused on discovering a large rift-related porphyry copper-molybdenum-silver-gold deposit [...]
Sterling Metals Corp. is pleased to announce that it has closed a non-brokered private placement through the issuance of 15,835,996 common shares in the capital of the Company issued on a flow-through basis at a price of $0.065 per FT Share for aggregate gross proceeds of $1,029,339.74 . In connection with the Offering, the Company paid certain eligible persons a cash commission of $63,838.23 equal to 7% of the gross [...]
Sterling Metals Corp. is pleased to announce that the inaugural Phase 1 exploration campaign at the Copper Road Project is well underway. Located 80km north of Sault Ste. Marie, Ontario, Canada, Copper Road is a 25,000ha high-potential brownfield copper-molybdenum-silver-gold project associated with the Midcontinent Rift, which until 2021 had never been fully consolidated. The Project benefits from its strategic proximity [...]
Sterling Metals Corp. is pleased to announce that pursuant to the option agreement dated March 6, 2023, with Chesterfield Resource Plc. , it has exercised its option to acquire 100% of the Adeline Copper-Silver Project located in Labrador, Canada. Chesterfield and Sterling have committed to complete the sale of by June 30, 2024, for the following consideration: a cash payment of CAD$200,000 and the issuance of an [...]