Stuhini Commences Airborne Geophysical Surveys at its Ruby Creek Project
NEWS PROVIDED BY
Stuhini Exploration Ltd. Mar 19, 2021, 09:15 ET
VANCOUVER, BC, March 19, 2021 /CNW/ - Stuhini Exploration Ltd. (the "Company" or "Stuhini") (TSXV: STU) is pleased to report that it has commenced a SkyTEM airborne geophysical survey on selected portions of its 27,354-hectare Ruby Creek Project located 20km east of Atlin, British Columbia.
Dave O'Brien, President & CEO commented: "As was the case last year, it's good to be early out of the gate so as to optimize the Companies exploration program for the 2021 season. During last year's program, the Company conducted the same SkyTEM airborne program on about half of the Ruby Creek tenures and Company geologists were impressed with the quality of the data which in many cases led to new discoveries. This year we are planning on conducting this same SkyTEM program on remaining non surveyed key portions of the tenures that warrant such a program."
This geophysical survey is the first component of this year's planned exploration program. This will be followed up with a ground program, IP geophysics on select targets and an inaugural fall drill program subject to possible funding.
The Company is still reviewing and compiling data from the 2020 Ruby Creek exploration program and more updates are forthcoming.
The Qualified person under National Instrument 43-101 for this news release is Andrew Wilkins, P. Geo., who has reviewed and approved its contents.
Ruby Creek Project
The 27,354-hectare Ruby Creek Project is road accessible and located 20 kilometres (km) east of Atlin, BC. There are 48 different documented mineral occurrences on the Property, of which 16 are gold-related, with 4 active gold placer creeks. The Property also hosts the historic Ruby Creek Molybdenum resource, which has an intact BC Mines Act permit. Stuhini has the Option to acquire 100% of the Ruby Creek Project subject to a 1% Net Smelter Royalty.
About Stuhini Exploration Ltd.
Stuhini is a mineral exploration company focused on the exploration and development of precious and base metals properties in western Canada with its focus on the Ruby Creek Property located approximately 20 km east of Atlin, BC and the Que Property located approximately 70 km north of Johnson's Crossing in the Yukon Territory.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Source:
https://www.newswire.ca/news-releases/stuhini-commences-airborne-geophysical-surveys-at-its-ruby-creek-project-870916283.html GLTA !