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Sterling Metals Announces Results of 2022 Regional Drilling and Orion 3D Geophysical Survey at Sail Pond
TORONTO, ON / ACCESSWIRE / May 8, 2023 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) (" Sterli...
About this update from Sterling Metals Corp.
[{"type":"text","content":"Sterling Metals Announces Results of 2022 Regional Drilling and Orion 3D Geophysical Survey at Sail PondTORONTO, ON / ACCESSWIRE / May 8, 2023 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) (\"Sterling Metals\" or the \"Company\") is pleased to announce the completion of the Deep Orion 3D geophysical survey and report the balance of results from its 2022 drilling on the Sail Pond Silver and Base Metal Project in the Great Northern Peninsula of Newfoundland. Drilling results are from the regional exploration program focused on the North and Central Zones.Highlights:Orion SurveyFour new exploration targets discovered.Favorable geology mapped to depth of 2 kilometres.Strong anomaly beneath newly discovered Heimdall North Zone and SP-22-064.Surveyed 1.5 km of the 14 km trend as a test before large-scale application.Permits for summer drilling submitted.Plans to test identified anomalies in coming months.Airborne survey planned to scan entire property based on drill results.2022 Regional Exploration ResultsIntercepted wide zones of brecciated dolostones showing variably developed polymetallic mineralization along ~4 km of strike.Discovery of a new mineralized system at depth, the Central Ridge Zone, which has the potential to be another pearl along the ~12 km trend, marking the fourth area of mineralization discovered on the property in two years.Sail Pond North revealed new pockets of mineralization, including the highest grade to date in the area at 18.55 m downhole in SP-22-066 at 496 g/t AgEq over 0.25 m (259 g/t Ag, 1.44% Cu, 0.27% Pb, 0.26% Zn, 0.39% Sb).Intervals intersected at Sail Pond North appear to be the upper portions of a larger mineralized system, exhibiting similar host geology and mineralization to the top of the Heimdall Zone.Better understanding of the orientation of the structures will provide better targeting in future drill programs.Jeremy Niemi, Senior Vice President of Exploration and Evaluation stated, \"During our 2022 drilling campaign at Sail Pond, the discovery of new zones of high-grade silver-copper mineralization was a cause for great satisfaction among our team. Close examination of the core revealed that our drilling may have intersected the edges of a more extensive mineralization system. This encouraged our team to deploy the best-in-class high resolution 3D geophysical survey to guide our next e...