SAG.v up 12.5% today! Sterling Metals (TSXV: SAG) is currently conducting Phase II exploration at its 100% owned Sail Pond Silver Project in Newfoundland. Management has noted this project's similarity to the Keno Hill deposit in the Yukon, where 200 Moz of silver has been historically mined. This next campaign will follow up on the first ever drill program conducted at the property, and will consist of 7,500m of drilling.
SAG recently presented at the Red Cloud Investor Conference and offered a great summary of its exploration to date, as well as in depth information on its planned drilling. You can check out a replay of the conference here: https://www.youtube.com/watch?v=_G5Wk1dD5dc&feature=emb_title
SAG.v is currently trading at $.31 after rebounding almost 20% from last week’s lows. The company is presently valued at $21.62 million.