The properties consisting of 228 claims (116 km2) are located in the Ashuanipi subprovince, 50 km north of the Mercator property. The proposed exploration program will involve prospection traverses and systematic sampling of rock and till material. Note the geological and structural context of these properties lend itself to critical metal exploration (Li, Cu, Zn, Ni, rare earths) being characterized by:
- An association with large regional faults, principally oriented NE-SW;
- Occurrence of strongly deformed and folded narrow greenstone belts;
- Tonalitic and granitic complex intruding volcanosedimentary rocks;
- Orogenic and volcanogenic mineralization;
- Metamorphism at the amphibolite grade.
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Figure 1. Geological map of the Caniapiscau district showing the localization of Stelmine’s properties including the Atanau, Nikan and Mishtik properties of the Ashuanipi subprovinces.
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Participation to PDAC
Stelmine announces its participation, for another year, in the
Qualified Person
The technical information in this news release has been reviewed and approved by
About
Stelmine is a junior mining exploration company pioneering a new gold district (Caniapiscau) east of
Forward-looking statements
Cautionary note regarding forward-looking statements: This press release contains forward-looking statements, which reflect the Company's current expectations regarding future earnings-related events. To the extent that any statements in this document contain information that is not historical, then such statements are essentially forward-looking and can often be identified by the use of words such as "considers", "anticipates", "expects", "believes", "expects", "projects", "plans", "potential", "suggests" and "believes". Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties are described in the quarterly and annual reports and in the documents submitted to the securities administration available on the SEDAR+ site. Although the Company believes that the assumptions underlying the forward-looking statements are reasonable, undue reliance should not be placed on such statements, which speak only as of the date of this document. The Company disclaims any intention or obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.
Cautionary statement
Neither
For further information, contact:
President and CEO
Tel: 418-626-6333
info@stelmine.com
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