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Starr Peak Acquires Newmétal Property, Contiguous with Amex Exploration's Perron Property and Past-Producing Normétal Mine in Quebec
Starr Peak Acquires Newmétal Property, Contiguous with Amex Exploration's Perron Prop...
About this update from Starr Peak Mining Ltd
[{"type":"text","content":"\n\n\n\nStarr Peak Acquires Newmétal Property, Contiguous with Amex Exploration's Perron Property and Past-Producing Normétal Mine in Quebec\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\nCanada NewsWire\nVANCOUVER, June 13, 2019\n\n\n\nVANCOUVER, June 13, 2019 /CNW/ - Starr Peak Exploration Ltd. (\"Starr Peak\" or the \"Company\") (TSX-V: STE) is very pleased to announce it has acquired a priority land package in northwestern Quebec, directly east of Amex Exploration Inc.'s (\"Amex Exploration\") Perron Property and proximal to the past-producing Normétal Mine. The newly acquired NewMétal Property (\"NewMétal\" or the \"Property\") consists of 53 mineral claims covering 1,420 hectares of highly prospective ground for orogenic gold and polymetallic VMS style mineralization in a region well-known for its gold occurrences and historical production. The Company plans to complete an initial program of prospecting, geological mapping, and high-resolution drone geophysics in order to prepare for an inaugural drilling campaign.\nThe NewMétal Property is located in the Abitibi Greenstone Belt of Quebec, along the Chicobi Deformation Zone. The Property is directly adjacent to Amex Exploration Inc.'s Perron Property, from which recently announced drill results include 32.2 g/t Au over 5.90 metres and 30.98 g/t Au over 8.50 metres (see Amex Exploration news releases dated May 21st and June 3rd, 2019), and proximal to the past-producing Normétal Mine, from which approximately 10.1 million tonnes grading 2.24% Cu, 5.41% Zn, 0.526 g/t Au, and 44.45 g/t Ag were extracted periodically between 1937 and 1975, with development down to a depth of approximately 2.4 km (SIGEOM - Mine Normétal).\nFigure 1: Regional Geology of the Abitibi Greenstone Belt with respect to Starr Peak's NewMétal Property. Source: Amex Exploration. (Note: the total ounces/tonnes noted for each mining camp has not been independently verified by the QP) \n\nThe Company's NewMétal Property in underlain by favourable geology consisting of rhyolite and m...