Stelmine Canada is pleased to announce the completion of its maiden 2000 m diamond drilling campaign on its Mercator property . The thirteen drillholes were completed in a 1.8 km x 400 m area covering several gold-bearing zones detected at the surface . The property is located in the Caniapiscau mining district, 160 km west of Fermont, northeastern [...]
Stelmine Canada is pleased to announce the results of the 14 drill holes, 2,237 m maiden drilling program on Zones 1 and 4 on its 100%-owned Courcy property in northeastern Quebec, Caniapiscau mining district. Results from Zone 1 show the presence of visible gold in three holes, whereas STHCOU-001, 002 and 003 yielded intervals of 2.86 g/t Au over [...]
Stelmine Canada is pleased to announce the results of an IP/Resistivity Survey on its gold-mineralized Meridian Zone at its Mercator Property in northeast Quebec that increased the gold-prospective area, extending the zone to 3.6 km along a NE/SW strike with a 700 meters width at the southwestern end. The survey also reveals at least three distinct [...]
Stelmine Canada is pleased to announce the start of phase 1 of its maiden heliborne drilling campaign on its 100%-owned Mercator project. The company expects to drill 2000 m distributed along 100-180 m deep holes on the Meridian gold-bearing Zone extending 2.5 km X 500 m. The drill sites were established based on the recent gold discoveries [...]
Stelmine Canada is pleased to divulgate gold assay results of channel and grab samples collected within the 100% owned Mercator property located in northeastern Quebec. At the core of the property, the Meridian Zone, yielded 22 channel sites carrying significant gold values such as 2.07 g/t Au over 27.5 m, 2.16 g/t Au over 16.0 m and 2.13 g/t Au [...]
Stelmine Canada is pleased to announce the start of a new exploration phase at its Mercator Property in the heart of a potential new gold district in northern Quebec, west of Fermont. Mineralization is found on the crest, flank and foothill of a 100-metre high, 500-metre wide, NE/SW oriented 3 km elongated hill characterized by strong positive [...]
Stelmine Canada is pleased to announce that the Company has completed Phase 1 drilling at its 100%-owned Courcy Project where the target is near-surface gold mineralization in a vastly under-explored part of northern Quebec with district scale potential. Highlights: A total of 14 drill holes comprising 2,237 m were completed in Phase 1; Twelve of [...]
Stelmine Canada is pleased to announce that it has closed a non-brokered private placement of flow-through units for gross proceeds of $2,500,000. In conjunction with the offering, Michael Gentile has acquired 5,785,500 units of the Company with each unit comprising one common share of Stelmine and one-half of a common share purchase warrant [...]
Stelmine Canada is pleased to announce that it has closed a non-brokered private placement of flow-through units for gross proceeds of $2,500,000. In conjunction with the offering, Michael Gentile has acquired 5,785,500 units of the Company with each unit comprising one common share of Stelmine and one-half of a common share purchase warrant [...]
Stelmine Canada Ltd. is pleased to announce that it has closed the second and final tranche of a non-brokered private placement of units at $0.20 per Unit. For this second tranche the Company issued 7,880,000 Units for gross proceeds of $1,576,000. Combined with the first tranche of the Offering , the Company sold an aggregate of $2,090,000 of [...]
Stelmine Canada is pleased to announce that it has closed the first tranche of a non-brokered private placement of units . The Company issued a total of 2,570,000 Units at a price of $0.20 per Unit for gross proceeds of $514,000 under the Offering. Each unit consisted of one common share of the Company and one-half of one transferable common share [...]
Stelmine Canada is pleased to provide the following exploration update: Highlights: A Phase 1 diamond drilling program has just been launched at the Company's 100%-owned Courcy Property along the eastern extension of the gold-rich Opinaca basin west of Fermont in northern Quebec. The first holes will follow up on the historical discovery in Zone 1 [...]
