The highest-grade silver sample (#1893100) was collected from a preferentially eroding E-NE trending structure, northeast of the Ruffner Silver Mine complex. The highest-grade gold sample (#1869569) assayed 10.0 g/t Au and 783 g/t Ag. Sample #1996081 was collected approximately 750 metres W-SW of, and on strike with the historic Wheelbarrow showing. Results included assays of up to 5.8% copper, >10% lead and 14.76% zinc with 34 samples greater than 1,000 ppm copper, 55 samples greater than 1,000 ppm lead and 59 samples greater than 1,000 ppm zinc.
Sample station locations were recorded in UTM NAD83 using a hand-held GPS. Sample descriptions, photographs and representative samples were also collected. Rock material was collected in poly bags and stored in a secure location under the supervision of Stuhini personnel and then transported to the Bureau Veritas sample preparation facility located in Whitehorse, Yukon Territory. Samples were crushed and then pulps were sent to the Bureau Veritas lab in Vancouver for assay. Four acid digestion and Ultratrace ICP-MS analysis for 59 elements and fire assay for gold, platinum and palladium was performed on all samples.
Other Targets: The Company is presently compiling assay data as it comes in from other targets on the Project and will be reporting further exploration updates as these compilations are completed. This first Ruffner Target area update will be the first of several updates as this summary only pertains to approximately 2,500 hectares of the more than 27,000- hectare project.
Extension of Investor Relations Contract: The Company also wishes to announce that it has extended its investor relations contract with Nicosia Capital. Further details regarding the investor relations contract can be found in the Company’s news release dated May 15, 2020.
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 an option to acquire 100% of the Ruby Creek Project subject to a 1% Net Smelter Royalty.
Further details regarding the Ruby Creek Option Agreement can be found in the Company’s news release dated July 30, 2019.
The geological content of this news release has been reviewed and approved by Andrew Wilkins, P. Geo., a qualified person as defined under the terms of National Instrument 43-101.
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 24 km east of Atlin, BC and the Que Property located approximately 70 km north of Johnson’s Crossing in the Yukon Territory.
Source : https://www.stuhini.com/111820-news-release