Stuhini Commences Airborne Geophysical Surveys at its Que and Ruby Creek Projects
Stuhini Commences Airborne Geophysical
Surveys at its Que and Ruby Creek Projects
VANCOUVER
,
May 25, 2020
/CNW/ - Stuhini Exploration Ltd. (the "
Company
" or "
Stuhini
") (
TSX-
V: STU
) is pleased to report that it has commenced a Skytem airborne geophysical survey on
selected portions of its 4,243 hectare Que Project in the
Yukon Territory
. Once this survey is
complete, weather permitting, the company plans to mobilize the SkyTEM crew to its nearby 26,735
hectare Ruby Creek project in
Atlin BC
to conduct the same survey on selected portions of the Ruby
Creek tenures.
Dave O'Brien
, President & CEO commented: "Planning this year's exploration program, with the
pandemic and it's ramifications, has obviously been a dynamic process with extraordinary
unforeseen logistical considerations as first and foremost is always the health, safety and well-being
of our exploration teams and the communities in which we will reside while conducting exploration.
Stuhini would like to thank the SkyTEM team for their cooperation and flexibility regarding strict
Yukon Territory
covid protocol thus allowing our planned program to go ahead in light of the
pandemic and the challenges it has provided. Their teams have spent 14 days in isolation at
Johnsons crossing strictly adhering to mandatory covid protocols before commencing these SkyTEM
surveys."
These geophysical surveys are the first component of this year's planned exploration program, to be
followed up with a ground program. The Companies 100% owned Metla Project will not be the
target of a geophysical program this upcoming season because such a program has already been
conducted in 2018. Results of this 2018 Metla geophysical program can be found in the Company's
NI43-101 Technical Report dated
February 20th, 2018
and filed on Sedar at
www.sedar.com
.
The Qualified person under National Instrument 43-101 for this news release is
Andrew Wilkins
, P.
Geo., who has reviewed and approved its contents.
About Stuhini Exploration Ltd.
: Stuhini is a mineral exploration company focused on the
exploration and development of precious and base metals properties in western
Canada
with its
focus on the Metla Property located in northwestern
British Columbia
approximately 150 kilometres
south of the town of
Atlin
, the Ruby Creek Property located approximately 24 km east of
Atlin British
Columbia
and the Que Project located approximately 70km north of Johnsons Crossing in the
Yukon
Territory
.
Forward Looking Statements
This news release contains "forward-looking statements" within the meaning of Canadian securities
legislation. Such forward
looking statements concern Stuhini's exploration plans and the timing and
expectations for the Company's exploration and geophysical programs at its Que and Ruby Creek
Projects. Such forward
looking statements or information are based on a number of assumptions,
which may prove to be incorrect. Assumptions have been made regarding, among other things:
conditions in general economic and financial markets; availability of mining equipment and skilled
labor; government permission regarding exploration in light of the covid pandemic or possible
future outbreaks of covid 19, timing and amount of capital expenditures; local weather conditions
allowing airborne geophysical surveys to be conducted; and future operating costs. The actual
results could differ materially from those anticipated in these forward
looking statements as a
result of the risk factors including: the timing and content of work programs; results of exploration
activities and development of mineral properties; the interpretation of drilling results and other
geological data; the uncertainties of resource estimations; receipt, maintenance and security of
permits and mineral property titles; environmental and other regulatory risks; project costs
overruns or unanticipated costs and expenses; availability of funds and general market and
industry conditions. Forward-looking statements are based on the expectations and opinions of the
Company's management on the date the statements are made. The assumptions used in the
preparation of such statements, although considered reasonable at the time of preparation, may
prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date the statements were made. The
Company undertakes no obligation to update or revise any forward-looking statements included in
this news release if these beliefs, estimates and opinions or other circumstances should change,
except as otherwise required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE
Stuhini Exploration
View original content:
http://www.newswire.ca/en/releases/archive/May2020/25/c5556.html
%SEDAR: 00046568E
For further information:
Dave O'Brien, President and CEO, Stuhini Exploration Ltd.,
[email protected], Phone: 604 418-4019, Web: www.stuhini.com
CO: Stuhini Exploration
CNW 09:25e 25-MAY-20