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Stuhini Exploration Ltd V.STU

Alternate Symbol(s):  STXPF

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.


TSXV:STU - Post by User

Post by Tadon Jan 12, 2022 8:57am
164 Views
Post# 34307217

Stuhini News Release

Stuhini News Release

Stuhini Identifies Native Gold with Copper, Silver and Tungsten in both Historical Drilling and Current Surface Sampling within the Surprise Lake Batholith, Atlin, BC, Canada

VANCOUVER, BCJan. 12, 2022 /CNW/ - Stuhini Exploration Ltd. (the "Company" or "Stuhini") (TSXV: STU) is pleased to provide an update on gold exploration work at the Ruby Creek Project, 14 kilometres east of Atlin, BC, Canada. 

Highlights from 2021 Sampling

  • native gold identified in two historic condemnation drill holes.
  • Assays of 5.72 g/t Au, 167 g/t Ag, 0.18 % Cu and 1.35 % WOover 1.75 metres, including 9.27 g/t Au, 225 g/t Ag, 0.30 % Cu and 2.19 % WO3 over 1 metre from the extension of the Black Diamond Vein.
  • 49 rock samples, of which 20 assayed over 1.0 g/t Au, and as high as 28.5 g/t Au, 1431.0 g/t Ag.
  • 28 of these samples are from the northeast extension of the Black Diamond Vein, tripling the length of the known vein system
 

The Company has defined a one-kilometre-long gold trend extending from the historical Adanac Molybdenum resource southwest along Thor Ridge. The ridge hosts numerous veins including the Black Diamond and Emil veins.  Surface sampling along this trend has confirmed the presence of gold, copper, silver, and tungsten mineralization. Current work has also identified native gold in two historic condemnation drill holes from 2008 (AD390 and AD393).
 

David O'Brien, President and CEO commented "The identification of free gold in sheeted veinlets from the historic Adanac Molybdenum condemnation drill core is great news as it supports our speculation of a potential intrusion-related gold bearing system in the area and another possible source for the incredible placer gold endowment of Ruby Creek and the Atlin camp."
 

The condemnation drill holes are two kilometres east of the main molybdenum resource area and contain the following:

  • AD-393 - 73.2 M @0.21g/t Au, 0.28g/t Ag
  • AD-390 - 76.2m @0.15g/t Au, 0.42g/t Ag, including 21.35m @0.21g/t Au, and 0.11g/t Ag.
 

The Mineral Deposit Research Unit (MDRU) at the University of British Columbia performed detailed analytical work on the gold intersections from condemnation drill holes AD-393 and AD-390. Using a scanning electron microprobe (SEM) and an automated mineralogical procedure optimized to recognize gold, electrum was identified consisting of approximately 50% gold and 50% silver. The electrum is associated with bismite or bismuthinite and pyrite rimed by pyrrhotite within a 20 millimeter to sub-millimeter wide quartz vein hosted within the Surprise Lake Batholith (AD-390 at 34.6 metres). Many other veinlets with similar sulfide compositions also contained wolframite.
 

Four gold-bearing quartz-wolframite-scorodite-arsenopyrite bearing structures on Thor Ridge are hosted in the Surprise Lake Batholith and anomalous in bismuth and antimony. The sub-vertical structures identified on the ridge and the Black Diamond vein are on trend with the condemnation drill holes. It is speculated that these higher grade auriferous structures are peripheral to a potential bulk tonnage gold target that was intersected in the condemnation drilling and may be comparable to Victoria Gold's Eagle Gold Mine in the Yukon Territory to the north, a Reduced Intrusion-Related Gold Systems.
 

Table 1 - Thor Ridge Sample Results

Sample ID

From (m)

To (m)

Length (m)

Au (g/t)

Ag (g/t)

Cu %

Pb %

WO3 %

Channel
Sample

0.45

2.2

1.75

5.72

167.0

0.18

0.70

1.35

Including

1.0

9.27

225.0

0.30

0.87

2.19

3866235

0

0.45

0.45

0.07

3.0

0.01

0.03

0.01

3866236

0.45

1.45

1.00

9.27

225.0

0.30

0.87

2.19

3866237

1.45

2.2

0.75

0.99

89.8

0.04

0.47

0.23

3866109

Outcrop

28.50

1431.0

1.32

1.03

0.21

3835958

Subcrop

17.20

410.0

0.19

0.72

1.07

3835962

Subcrop

10.60

272.0

0.29

0.76

1.64

3835959

Subcrop

9.89

199.2

0.12

0.78

5.50

3835963

Subcrop

9.12

241.0

0.12

0.98

2.91

3835955

Subcrop

8.95

47.4

0.15

0.14

0.11

3866222

Subcrop

5.85

826.0

0.19

8.77

0.01

3835964

Subcrop

5.44

121.9

0.11

0.90

5.49

3835960

Subcrop

4.18

100.0

0.09

1.23

3.75

3866229

Subcrop

3.38

76.4

0.27

0.13

0.09

3866110

Subcrop

3.27

153.2

0.35

0.45

3.62

3866226

Felsenmeer

2.89

181.0

0.11

1.68

0.01

3866227

Felsenmeer

2.08

1.3

0.04

0.01

0.02

3866228

Subcrop

2.07

28.2

0.13

0.01

0.01

3866232

Subcrop

1.91

168.1

0.06

0.39

0.61

3835961

Felsenmeer

1.63

35.1

0.02

0.18

0.01

3866214

Felsenmeer

1.59

113.6

0.03

0.92

1.05

3866218

Subcrop

1.52

116.0

0.07

0.68

0.04

3866213

Felsenmeer

1.22

32.2

0.07

0.13

0.96

3866216

Felsenmeer

1.16

53.3

0.04

0.44

0.00

3866111

Subcrop

0.98

28.4

0.05

0.41

0.10

3866220

Subcrop

0.94

79.7

0.05

0.17

0.48

3866221

Subcrop

0.86

74.9

0.10

0.27

0.59

3866112

Subcrop

0.79

12.8

0.02

0.13

0.05

3835957

Subcrop

0.67

16.9

0.03

0.34

0.06

3866217

Subcrop

0.61

33.5

0.04

0.97

0.00

3866215

Subcrop

0.59

6.6

0.03

0.09

0.01

3866219

Subcrop

0.56

145.2

0.05

0.64

0.30


QA/QC Protocol: Rock material was collected in poly bags and then transported to the Bureau Veritas sample preparation facility located in WhitehorseYukon. 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 were performed on all samples. Over-limit copper, lead, zinc and silver samples were analyzed by multi-acid digestion and ICP-ES (MA370). Over-limit tungsten was analyzed with lithium borate fusion XRF (XF750). Conversion to WO3 % = W % x 1.2616. All results have passed the QA/QC screening by the lab.
 

Ruby Creek Project:  The 28,631-hectare Ruby Creek Project is road accessible and located 14 kilometres (km) east of Atlin, BC. There are 48 different documented mineral occurrences on the Property, of which 16 are gold-related, with 7 significant 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.
 

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, a mineral exploration company, is focused on exploration and development of precious and base metals properties in western Canada. The Company portfolio of exploration properties includes: the flagship Ruby Creek Property, 14 km east of Atlin, BC; the Que Project ,70 km north of Johnson's Crossing, Yukon; the South Thompson Nickel Project, 35 km northwest of Grand Rapids, Manitoba; and the Big Ledge Property, 57 km south of Revelstoke, BC.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


 



SOURCE Stuhini Exploration Ltd.

 

Contact:

David O'Brien, President & Chief Executive Officer, Stuhini Exploration Ltd., Email: dobrien@stuhini.com,
Phone: (604) 835-4019,
Web: www.stuhini.com



 

Source: 

https://www.newswire.ca/en/releases/archive/January2022/12/c4145.html


GLTA !

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