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Sterling Metals Begins Exploration At Adeline, Drilling To Target Copper-Silver Prospect

FULL DISCLOSURE: This is sponsored content for Sterling Metals.

Exploration work has begun on the Adeline Copper Project in Labrador, which is wholly owned by Sterling Metals (TSXV: SAG). Initial field activities are currently underway in advance of a drill program slated to begin later this summer.

Construction and field activities are said to be commencing immediately following the receipt of permits to conduct a drill program at the property. The company has currently contracted a minimum of 2,000 metres of diamond drilling for the current exploration season.

“The stage has been set for us to enter discovery mode and we look forward to commencing our inaugural drill program at Adeline, on schedule, within the next 6 weeks. We are eager to drill and hit our targets which could reveal large high grade copper mineralization and confirm the potential for a very substantial copper system,” commented SVP of Exploration and Evaluation Jeremy Niemi.

RELATED: Sterling Metals Begins 2,000 Metre Drill Program At Sail Pond Silver-Copper Project

The Adeline Copper Project is found within the Central Mineral Belt, a wholly owned 44 kilometre long sedimentary basin, which is prospective for copper-silver mineralization. To date, Sterling has conducted or compiled data on the project that includes extensive showings, induced polarization, magnetics, surface trenching and structural geology, with data going back as much as six decades.

That data has been analyzed to identify drill targets for the property, with the dominant prospect being the Ellis Main, which is exposed in a series of 11 trenches on the western end of Seal Lake.

Historical work conducted on the prospect includes drilling, which intersected 7.9 metres of 1.76% copper and 56.2 g/t silver in hole SL-11-10 in 2011. That hole was 50 metres down dip from a trench that intersected 2.5% copper and 94.3 g/t silver over 4.5 metres, and is believed to have intercepted the edge of an IP anomaly.

“Adeline holds many of the key characteristics needed to host a super giant sediment hosted copper system – and the Ellis target – with its already confirmed drill intercept – is the first area where we will look for a near surface deposit,” concluded CEO Mathew Wilson.

Sterling Metals last traded at $0.07 on the TSX Venture.


FULL DISCLOSURE: Sterling Metals is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Sterling Metals. The author has been compensated to cover Sterling Metals on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

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