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Starr Peak Expands Newmétal Property by Acquiring 100% Interest of Past-Producing Normétal Mine and Two Additional High-Grade Properties
Starr Peak Expands Newmétal Property by Acquiring 100% Interest of Past-Producing Nor...
About this update from Starr Peak Mining Ltd
[{"type":"text","content":"\n\n\n\nStarr Peak Expands Newmétal Property by Acquiring 100% Interest of Past-Producing Normétal Mine and Two Additional High-Grade Properties\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, BC, Aug. 10, 2020\n\n\n\nVANCOUVER, BC, Aug. 10, 2020 /CNW/ - Starr Peak Exploration Ltd. (\"Starr Peak\" or the \"Company\") (TSXV: STE) (OTC: STRPF) is very pleased to announce it has expanded its NewMétal property (\"NewMétal\" or \"the Property\") by acquiring 100% interest into Globex Mining Enterprises projects known as the Normetal/Normetmar gold, copper, zinc and silver property, the Rousseau gold property and the Turgeon Lake gold property.\nThe newly expanded land position in the center of Newmétal includes 10 claims covering 391.53 hectares, growing the property to a total of 74 mineral claims covering 2,279.53 hectares and now including the past-producing Normétal Mine, from which ~10.1M tonnes of 2.15% Cu, 5.12% Zn, 0.549 g/t Au, and 45.25 g/t Ag and the Normetmar showing, historic resource of 306,000 t grading 11% Zn was reported by Kerr Addison of which 48,200 t have been mined in 1990. Several gold intersections are reported including 2.19 g/t Au and 236 g/t Ag over 2.56 m including 3.47 g/t Au and 366 g/t Ag over 1.55 m (Source: Globex drilling 2007-2008, hole GN07-09).The newly acquired claims solidifies the land position of NewMétal property and add two additional gold prospective claim bloc eastward.\nThe Rousseau gold Property consists in a bloc of 12 claims covering 470.17 hectares and the Rollmac gold zone of 31,298 tonnes grading 11.99 g/t Au (historical non-compliant NI43-101, Northern Miner, July 13, 1992).  Rollmac gold zone is described by historical work as a multiples gold bearing quartz veins system hosted in the Val-St-Gilles granodiorite. Historical work was focused on two principal veins, the Main Vein and the Mercier Vein, located 183 metres northeast of the main vein. Historical works and diamond drill hole made in 2008 confirm the present of several other gold bearing qua...