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Sterling Metals Corp. - SAGGF STOCK NEWS

Welcome to our dedicated page for Sterling Metals news (Ticker: SAGGF), a resource for investors and traders seeking the latest updates and insights on Sterling Metals stock.

Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) is a mineral exploration company focused on advancing high-grade Canadian exploration opportunities. The Company recently acquired the Copper Road Project and the Adeline Project, both showing significant potential in copper, silver, molybdenum, and gold mineralization. With a strategic regional approach and robust infrastructure, Sterling aims to drive important new discoveries in the Canadian mining sector.

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Sterling Metals Corp. announced that Copper Road Resources shareholders have approved the transaction involving the acquisition of the 's mineral rights located in Ontario. The CRD Shareholders voted to approve the sale of the mineral rights and the distribution of common shares of Sterling as consideration for the transaction. The is in the process of transferring option agreements related to the Copper Road Project. The CEO of Sterling expressed gratitude for the support and highlighted the potential for copper exploration opportunities in Ontario and Labrador. The Transaction is expected to close in May 2024, pending regulatory approvals.

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Sterling Metals Corp. (SAGGF) announces the resumption of trading on the TSX Venture Exchange.
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Sterling Metals Corp. announces the acquisition of 100% interest in the Copper Road Project from Copper Road Resources Inc., positioning itself strategically in the Canadian copper exploration sector. The project, located in Ontario, Canada, boasts significant infrastructure and potential for large intrusion-related copper mineralization. The acquisition terms are accretive, with Sterling acquiring the project in exchange for 98% of its shares and cash payments. Recent drilling results show promising copper and molybdenum mineralization, expanding Sterling's Canadian copper portfolio and leveraging its technical expertise for future discoveries.
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Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) reports assay results from its inaugural drilling on the Adeline project in Labrador Canada. The drilling campaign tested two initial targets, with 10 of 11 holes intersecting copper mineralization. Notable results include 25m @ 0.24% Cu and 4.05 g/t Ag at Ellis and 3.1m @ 0.96% Cu and 11.78 g/t Ag at Whiskey. The company aims to establish a copper project capable of putting Canada back on the copper map.
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Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) reports positive assay results from 2023 drilling on the Sail Pond Silver and Base Metal Project, extending high-grade silver-copper mineralization 200 meters north of the existing Heimdall North Zone. The company is utilizing structural interpretations to delineate areas of interest for high-grade sulfides and is focusing on locating large areas with potential massive sulfide accumulations.
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Sterling Metals Corp. begins diamond drilling program at Adeline project in Labrador, Canada
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Sterling Metals Corp. has announced the completion of the Deep Orion 3D geophysical survey and the results from its 2022 drilling on the Sail Pond Silver and Base Metal Project. The survey discovered four new exploration targets and mapped favorable geology to a depth of 2 kilometers. The drilling results revealed wide zones of mineralization and the discovery of a new mineralized system at depth. Permits for summer drilling have been submitted, and plans are underway to test the identified anomalies in the coming months.
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Sterling Metals Corp. (TSXV: SAG, OTCQB: SAGGF) has successfully completed a brokered private placement, raising approximately C$6.48 million through the issuance of various units including 6.7 million charity flow-through units, 11.9 million flow-through units, and 19.6 million hard dollar units. The offering will support the exploration and development of the Adeline Project and the Sail Pond Project, with funds allocated for exploration, working capital, and general corporate purposes. The offering was led by PI Financial Corp. and includes participation from related parties. Shareholders have increased institutional ownership, and the company is poised for future exploration activity.

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FAQ

What is the current stock price of Sterling Metals (SAGGF)?

The current stock price of Sterling Metals (SAGGF) is $0.0284 as of February 13, 2025.

What is the market cap of Sterling Metals (SAGGF)?

The market cap of Sterling Metals (SAGGF) is approximately 6.9M.

What is Sterling Metals Corp. focused on?

Sterling Metals Corp. is focused on advancing high-grade Canadian exploration opportunities.

What recent acquisitions has Sterling Metals Corp. made?

Sterling recently acquired the Copper Road Project and the Adeline Project.

What type of mineralization is present in the Copper Road and Adeline Projects?

Both projects show potential in copper, silver, molybdenum, and gold mineralization.

What is Sterling Metals Corp.'s strategic approach?

Sterling aims to drive important new discoveries in the Canadian mining sector with a strategic regional approach.

What infrastructure advantages does Sterling Metals Corp. have?

Sterling benefits from robust infrastructure supporting its exploration initiatives in Canada.
Sterling Metals Corp.

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244.56M
1.54%
0.4%
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