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Stuve Gold Corp. Announces Las Animas Property Acquisition and Proposed Private Placement

(TheNewswire)   CALGARY, ALBERTA – February 11, 2026 – TheNewswire - S...

articleStuve Gold Corp.February 11, 20264/company/stuve-gold-corp/news/stuve-gold-corp-announces-las-animas-property-acquisition-and-proposed-private-placement
Stuve Gold Corp. Announces Las Animas Property Acquisition and Proposed Private Placement

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[{"type":"text","content":"Stuve Gold Corp. Announces Las Animas Property Acquisition and Proposed Private Placement \n(TheNewswire)\n\n \n\n\n\n\n\n\nCALGARY, ALBERTA – February 11,\n2026 – TheNewswire -\nStuve Gold Corp. (“Stuve Gold” or the\n“Corporation”) (TSXV:\nSTUV) announces that it has entered into an\narm’s-length agreement to acquire the 3,100-hectare Las Animas\nproperty located in Chile’s IOGC belt near the Monto Verde open pit\ncopper mine (the “Acquisition”).\n\n\nThe Acquisition\n\n\nThe Las Animas property is being acquired from Compania\nMinera Cobalto Chile Limitada (“Cobalto Chile”) for a purchase price of CAD\n$800,000 payable via the issuance of 3,333,333 common shares of Stuve\nGold at a deemed price of $0.24 per common share.  No warrants will\nbe issued in respect to the Acquisition and no “control person”\nwill be created as a result of the common share issuance to Cobalto\nChile. The common shares issued in respect of the Acquisition will be\nrestricted from being transferred until a date that is four (4) months\nand one day following closing of the Acquisition.  Closing of the\nAcquisition remains subject to the approval of the TSX Venture\nExchange.\n\n\nThe Las Animas Property\n\n\nThe Las Animas property is located in Chile,\napproximately 725 kilometres north of Santiago and is within the\nhistoric Las Animas high grade oxide copper-gold mining district. It\nis readily accessible by paved and good gravel roads from the coastal\ncity of Chañaral, 25 kilometres to the northwest (see Figure 1).\n \n\n\nThe Las Animas property consists of 15 exploration\nconcessions totaling 3,100 hectares that are 100% owned and are not\nsubject to any royalties, NSRs or any other encumbrances.\n\n\nProperty Geology \n\n\nThe Las Animas property covers a 10-kilometre stretch\nof the Atacama Fault System 12 kilometres northwest of Capstone\nCopper´s Manto Verde open pit copper mine which, after 28 years of\nproduction, had recently reported measured and indicated resources\nexceeding 594 MT1 with  grades\nranging from 0.35 to 0.57% Cu, together with 0.09 to 0.1 g/t Au and\nwith 85 to 175 ppm Co. It should be noted that the information\npertaining to the Manto Verde mine is not necessarily indicative of\nmineraliza...

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