Business
Stuhini Stakes Additional Land at Ruby Creek and Provides Exploration and Corporate Update
Stuhini Stakes Additional Land at Ruby Creek and Provides Exploration and Corporate Update ...
About this update from Eranova Metals Inc.
[{"type":"text","content":"\n \n \n \n Stuhini Stakes Additional Land at Ruby Creek and Provides Exploration and Corporate Update\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Feb. 17, 2023\n \n \n /CNW/ - Stuhini Exploration Ltd. (the \"\n \n Company\n \n \" or\n \n Stuhini\n \n \") (TSXV: STU) (OTC: STXPF) is pleased to announce it has staked additional mineral claims contiguous with its Ruby Creek Project (\"\n \n Project\n \n \" or \"\n \n Property\n \n \") located 14 kilometres (\"km\") east of\n \n Atlin, BC\n \n and wishes to provide a Corporate and Exploration Update.\n \n \n \n \n \n \n \n \n \n The Company has acquired by staking 848.1 hectares (\"ha\") in 1 new claim block contiguous to the north of its existing Ruby Creek tenures. The new claim, which will be consolidated into the Company's Ruby Creek Project, is situated in the headwaters of Volcanic Creek and is referred to as the \"Volcanic Creek Moly\" showing in BC Minfiles. Previous historic exploration work reports molybdenum (\"\n \n Mo\n \n \") mineralization at surface and includes two drill holes drilled by Placer Development Ltd. in 1981. Hole DDH 81-1 intersected 24.38 metres (\"m\") of 0.066% MoS\n \n 2\n \n (0.040% Mo) starting at a depth of\n \n 33.53 m\n \n , including\n \n 6.10 m\n \n of 0.14 MoS\n \n 2\n \n (0.082 % Mo).\n \n \n \n Dave O'Brien\n \n , Company President and CEO, stated: \"Given the recent notable rise in the price of molybdneum, we are excited to pick up more prospective molybdenum ground contiguous with our Ruby Creek Deposit, especially given the known historical occurrence.\"\n \n \n In other news, the Company has received all assay results from its summer intrusion gold drill program. No significant gold or silver intercepts were encountered to warrant additional follow-up at this time.\n \n \n Stuhini also advises that it will be attending both the Metals Investor Forum and the Prospectors and Developers conference(PDAC) in\n \n Toronto, Ontario\n \n between\n \n March 3-8\n \n .\n \n Dave O'Brien\n \n (Chief Execut...