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Starr Peak Mining Ltd V.STE

Alternate Symbol(s):  STRPF

Starr Peak Mining Ltd. is a Canadian mineral exploration company focused on the acquisition and exploration of precious and base metal mineral deposits. The Company acquires, explores and develops gold and base metal deposits and projects in the Americas. Its NewMetal Property is located in the Abitibi Greenstone Belt of Quebec, along the Chicobi Deformation Zone. The NewMetal property has a total of about 64 mineral claims covering 1,888 hectares (ha) of highly prospective ground. The NewMetal Property is crosscut by the Normetal Fault Horizon associated with gold and base metal mineralization along the strike. The Company also owns the Normetal/Normetmar gold, copper, zinc and silver property, the Rousseau gold property and the Turgeon Lake gold property. The Rousseau gold Property consists of a bloc of 12 claims covering approximately 470.17 ha. The Turgeon Lake gold Property, east of the Rousseau gold property consists of about two claims covering approximately 112.91 ha.


TSXV:STE - Post by User

Post by lithomonon Jul 18, 2020 5:59am
359 Views
Post# 31284445

STE Flying - The Amex Gold #'s are So Very Rich

STE Flying - The Amex Gold #'s are So Very Rich
The money is simply pouring into this discovery area (and its only just beginning, USA money just starting to flow-in).
Especially after AMEX strikes 30 FEET of 1.3 ounces of Gold, another drill section exceeding 13 oz's Gold over nearly 3 Feet and another drill section of 3 oz's Gold over 2.5 Feet.

The mineralized findings have a strike distance of 3 km's and remains open along strike and at depth.

The deposit is significantly enriched to the East and appears to be widening at depth in the High Grade Eastern Gold Zone.

Amex indicates there exists high potential for "MULTIPLE" Gold mines.

Apparently, investors are buying into the future of likely discovering additional mines along bordering properties where STE (Starr Peak) is situated on the basis that typically the best place to find new discoveries is next to, or in the vicinity of already known deposits.

Significant Visible Gold reported in all pending drill holes.

A similar situation is evolving with another $2,000 an ounce commodity, Palladium, in Northern Ontario where robust grades of Palladium & Platinum are being discovered and the sweetener is the High Nickel & Copper values (drill discovery intervals of 260 feet and 90 feet).  
Once again, like Amex, another robust discovery with major infrastructure in place & where a worker campsite would not be required enabling huge capital and operating cost savings when actually building and running the operation.  
The Chairman from the nearby Impala Platinum PGM mining operation has relocated, has headed up this company and now in the process of developing this "new" Pd-Pt-Ni-Cu discovery area.  

It appears, investors are buying into the future with area adjoining projects. 
Hence STE share price increasing quickly.
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