Stuhini Exploration Ltd. STXPF

Primary Symbol: V.STU

Stuhini Exploration Ltd. is a Canada-based mineral exploration company. The Company is focused on the exploration and development of precious and base metals properties in western Canada and south-western United States. The Company's portfolio of exploration properties includes Ruby Creek Project, Que Project, South Thompson Project and Big Ledge Property. The Company’s flagship the Ruby Creek project is located approximately 14 kilometers (km) east of Atlin, British Columbia. The Que project is located approximately 70 km north of Johnson's Crossing in the Yukon. The South Thompson project is located approximately 35 km northwest of Grand Rapids, Manitoba. The Big Ledge property is located approximately 57 km south of Revelstoke, British Columbia. The Company also has a portfolio of properties in south-east Arizona.

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Stuhini Exploration Ltd. > Molybdenum Prices Strengthening Again

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Post by Tadon Jan 25, 2023 1:24am

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Post# 35244310

Molybdenum Prices Strengthening Again

Futures contract prices have rebounded to 15 year highs after pulling back to US$29.50/lb
early last week.

https://www.lme.com/en/Metals/EV/LME-Molybdenum-Platts#Trading+day+summary

Current 1 month contract : US$31.65 / lb
2 to 15 month contracts : US$32.24/ lb

Back over C$20 billion in ground value for Stuhini's Ruby Creek pit constrained 477 million lb moly resource. If Stuhini sold the deposit for 1% of the inground value it would be over $200 million,. With all warrants being fully exercised there would be approx 43.8 million Stuhini shares outstanding, equating to C$4.56 per share in value at current moly price.

GLTA !

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