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Bullboard - Stock Discussion Forum 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... see more

TSXV:STU - Post Discussion

Stuhini Exploration Ltd > Stuhini samples up to 14,179 gpt (456 oz/tonne) silver
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Post by Tad on Apr 06, 2021 9:25am

Stuhini samples up to 14,179 gpt (456 oz/tonne) silver

Stuhini Exploration Discovers New High-Grade Silver Mineralization, Sampling up to 456 oz/tonne (14,179 g/t) Silver

VANCOUVER, BCApril 6, 2021 /CNW/ - Stuhini Exploration Ltd. (the "Company" or Stuhini") (TSXV: STU) (USA: STXPF) is pleased to announce the discovery of high-grade silver mineralization at the newly identified Silver Surprise Target ("Silver Surprise"), on its Ruby Creek Project (the "Property" or the "Project"). The discovery is approximately 5 kilometres ("km") northeast, and on trend with the recently expanded Adera Corridor silver target (see January 18th, 2021 news release) and 3 km north of the Daybreak target.

Silver Surprise Highlights

  • 12 rock samples taken with assay results ranging up to 14,179 grams/tonne silver ("g/t Ag") Ag to 391 g/t Ag.
  • All 12 samples were taken over a surface trace of approximately 170 metres ("m") and were of quartz vein material ("QV").

The table below summarizes the Silver Surprise Samples

Sample ID

Sample Source

Ag g/t

Au g/t

Pb %

1869568

Subcrop (QV)

14,179

1.49

4.18

1905499

Felsenmeer (QV)

8,748

0.53

2.66

1905491

Felsenmeer (QV)

7,532

0.28

1.87

1869569

Subcrop (QV)

6,885

0.60

3.4

1905492

Felsenmeer (QV)

6,509

0.29

1.89

1869949

Felsenmeer (QV)

5,969

0.29

1.28

1905493

Felsenmeer (QV)

5,927

0.47

1.99

1905500

Felsenmeer (QV)

3,588

0.21

0.98

1905496

Felsenmeer (QV)

2,629

0.17

0.83

1905490

Felsenmeer (QV)

2,246

0.09

1.19

1905495

Felsenmeer (QV)

1,882

0.21

1.44

1905494

Felsenmeer (QV)

391

0.04

0.10

Dave O'Brien, Stuhini's President and CEO commented: "The discovery of such high silver grades at surface and on trend with what could potentially be a continuation of the Adera Corridor is very exciting. We continue to be pleased with the results from our summer 2020 exploration program and we are looking forward to following up on this target and all other prospective targets uncovered from last year's program."

Geology

Mineralization consists of fine-grained sulfides and sulfosalts hosted in a quartz-carbonate vein. The outcropping vein strikes NE-SW and is steeply dipping. The exact thickness of the mineralized zone is unknown at this time as most mineralization is observed as subcrop or felsenmeer, but is estimated to be comparable to the widths reported at the Atlin-Ruffner silver mine, approximately 1 to 3 metres wide. An additional 8 silver bearing rock samples were taken approximately 250 metres south (6 samples) and 1200 metres northwest (2 samples) of the high-grade assays. Samples assayed up to 208 g/t Ag and 13.73 % lead ("Pb") indicating the presence of additional silver bearing structures within close proximity. Note that rock grab samples are selective by nature and values reported may not represent the true grade or style of mineralization across the property. The tables below summarize these additional samples.

250 metres south of Silver Surprise

Sample ID

Sample Source

Ag g/t

Au g/t

Pb %

1869570

Outcrop (QV)

208

0.003

13.73

1869573

Subcrop (QV)

166

0.062

4.39

1869571

Outcrop (QV)

39

0.001

0.30

1905497

Felsenmeer (QV)

23

0.005

0.04

1869572

Outcrop (QV)

19

0.013

0.14

1869574

Felsenmeer (QV)

13

0.001

0.28

1200 metres northwest of Silver Surprise

Sample ID

Sample Source

Ag g/t

Au g/t

Pb %

1996094

Felsenmeer (QV)

33.6

0.16

0.30

1996095

Felsenmeer (QV)

11.4

0.10

0.04

Daybreak Target: Following up on last years results (see September 4th, 2020 news release), the exploration team were sent to further investigate the silver occurrences in this target area. Of the rock samples taken, 14 of 73 samples assayed greater than 25 g/t Ag with one quartz vein sample assaying 772 g/t of silver and 0.28 g/t gold. Five samples with notable silver are from the Daybreak skarn showing.  

A summary of select rock sample assays results is listed in the table below.

Sample
ID

Sample Source

Ag g/t

Au g/t

Cu %

Pb %

Zn %

1893454

Felsenmeer (QV)

772

0.28

0.09

1.04

0.08

1893473

Subcrop (QV)

201

0.64

0.34

0.02

0.01

1869613

Outcrop (QV)

148

0.25

0.15

0.19

0.02

1996291

Outcrop (skarn)

137

0.15

1.17

0.02

0.16

1869612

Outcrop (skarn)

136

0.11

1.61

0.02

0.14

1996285

Felsenmeer
(skarn)

82

0.02

1.72

0.00

2.04

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 was performed on all samples. Over-limit copper, lead, zinc and silver samples were analyzed by multi-acid digestion and ICP-ES (MA370). Silver samples >1500 g/t were also analyzed by fire assay (FA530). All results have passed the QA/QC screening by the lab.

Ruby Creek Project:  The 27,354-hectare Ruby Creek Project is road accessible and located 20 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.

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.   
 

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) 418-4019,
Web: www.stuhini.com


Source: 

https://www.newswire.ca/news-releases/stuhini-exploration-discovers-new-high-grade-silver-mineralization-sampling-up-to-456-oz-tonne-14-179-g-t-silver-875535940.html


GLTA ! 

Comment by TrumpThis on Apr 13, 2021 11:20pm
WOW. Can't wait to see further exploration samples, then DDH results. Could be a gold mine ... er SILVER mine! STU has Au & Moly on different projects. They have a driller in the back pocket too.
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