NOVA.V · 2022-02-22 12:00:00

Stuhini Identifies High-Grade Silver Mineralization at Silver Surprise and Daybreak, Sampling up to 16,030 g/t Silver

Drill Results Sampling & Geoscience Results

Stuhini Identifies High-Grade Silver

Mineralization at Silver Surprise and Daybreak,

Sampling up to 16,030 g/t Silver

VANCOUVER, BC

Feb. 22, 2022

/CNW/ - Stuhini Exploration Ltd. (the "

Company

" or

"Stuhini

(TSXV: STU) (

USA

: STXPF) is pleased to announce the discovery of additional high-grade silver

mineralization at the Silver Surprise Target ("

Silver Surprise

"), and a new high-grade showing at the

Daybreak Target ("

Daybreak

") on its Ruby Creek Project (the "

Property

" or the "

Project

"). The

Silver Surprise and Daybreak Targets are approximately 7 kilometres ("

") and 5 km northeast of

the historic

Ruby Creek

molybdenum deposit.

Silver Surprise Highlights

Three mineralized structures were found within approximately 200 metres (m) of the silver-

bearing quartz vein identified in a 2020 sample which assayed up to 14,179 grams/tonne silver

g/t Ag

") and 1.49 g/t gold ("

").

57 rock samples collected with assay results up to 16,030 g/t Ag.

17 of the samples graded over 1,000 g/t Ag with 10 samples grading over 5,000 g/t Ag.

The high-grade silver-bearing quartz vein discovered in 2020 was traced for an additional

200

Daybreak Highlights

31 rock samples taken with assay results up to 13,250 g/t Ag and 5.02 g/t Au.

2 of the samples graded over 1,000 g/t Ag.

Note that rock grab samples are selective by nature and values reported may not represent the true

grade or style of mineralization across the property.

The following table highlights some of the samples taken from the Silver Surprise area

Sample ID

Sample Type

Ag g/t

Au g/t

Pb wt%

9168

Felsenmeer

16,030

0.24

3.69

3866064

Felsenmeer

12,980

0.14

1.02

9167

Felsenmeer

11,440

0.45

2.08

1869173

Felsenmeer

8,980

0.57

4.47

3866063

Felsenmeer

8,522

0.31

2.22

1869172

Felsenmeer

8,098

0.47

1.73

3866069

Felsenmeer

7,542

0.19

2.29

3866066

Felsenmeer

7,242

0.36

4.5

1869185

Felsenmeer

6,583

0.43

3.1

3866071

Felsenmeer

5,110

0.33

4.05

3866067

Felsenmeer

4,022

0.22

2.46

3866068

Felsenmeer

3,996

0.22

5.09

3866060

Felsenmeer

2,856

0.16

3.53

1869184

Felsenmeer

2,798

0.21

1.76

3866061

Felsenmeer

1,940

0.13

1.22

3866070

Felsenmeer

1854

0.16

1.25

3866059

Felsenmeer

1,310

0.15

1.66

3866101

Felsenmeer

479

0.11

0.19

The following table highlights some of the samples taken from the Daybreak area

Sample ID

Sample Type

Ag g/t

Au g/t

Pb wt%

3866256

Subcrop

13,250

5.02

0.79

3866162

Subcrop

4,279

1.10

1.43

3866161

Felsenmeer

498

0.07

6.48

3866254

Subcrop

488

0.65

8.49

3866173

Felsenmeer

434

0.03

1.44

3866174

Felsenmeer

329

0.01

3.05

3866163

Subcrop

302

0.40

0.6

3866176

Felsenmeer

268

0.08

1.86

3866255

Subcrop

207

0.21

0.12

3866200

Subcrop

187

0.12

0.07

3866156

Subcrop

124

0.09

6.59

3866172

Subcrop

124

0.18

4.73

3866251

Felsenmeer

102

0.30

0.21

Dave O'Brien

, Stuhini's President and CEO commented:

"The discovery of additional high grade

silver mineralization further exhibits the silver prospectivity of the Ruby Creek Tenures, particularly

in the Silver Surprise area."

Silver Surprise (CNW Group/Stuhini Exploration Ltd.)

The veins at Silver Surprise and Daybreak strike NE-SW and are steeply dipping. The exact

thickness of the mineralized zone is unknown at this time as most mineralization is observed as

subcrop or felsenmeer, but is estimated to be between

0.5 m

1 m

wide based on the limited

surface exposure. Mineralization consists of fine-grained sulfides and sulfosalts hosted in quartz-

carbonate veins. These structures are being explored as sub-epithermal thermal systems that are

thought to be the roots of intermediate sulfidation epithermal systems.

At Silver Surprise, three mineralized structures were found within approximately 200 metres ("

") of

the silver-bearing quartz vein identified in 2020. One of the three parallel veins was found

100 m

of 2020 discovery vein. The two other parallel veins were found approximately

100 m

and

200 m

of the 2020 discovery vein. Each of the three veins were traced on surface for approximately

100

At Daybreak, two well mineralized structures were found within approximately

200 m

of a 477 g/t Ag

sample taken in 2019 and were traced on surface for

800 m

and

200 m

. A third silver-bearing quartz

vein was discovered approximately

800 m

to the NE and was traced on surface for

300 m

. A fourth

silver-bearing quartz vein was discovered approximately

150 m

ENE of where 2020 sampling yielded

assays of 772 g/t Ag and was traced on surface for

100 m

Ruby Creek Molybdenum Resource Update: the resource update is nearing completion (see News

Release dated

Nov 9

, 2021) and the Company expects to announce the update within the first

quarter of 2022.

Stuhini has recently been utilizing the services of proactive investor to help communicate via video

relevant news releases to the investment community and a brief video highlighting this release can

be found on the Company website or by clicking the link below:

Proactive Investor interview with

Dave O'Brien

, President & CEO of Stuhini Exploration

QA/QC Protocol: Rock material was collected in poly bags and then transported to the Bureau

Veritas sample preparation facility located in

Whitehorse

Yukon

. Samples were crushed, and then

pulps were sent to the Bureau Veritas lab in

Vancouver

for assay. Four acid digestion and Ultratrace

ICP-MS analysis for 59 elements and fire assay for gold, platinum and palladium were performed on

all samples. Over-limit copper, lead, zinc and silver samples were analyzed by multi-acid digestion

and ICP-ES (MA370). Over-limit tungsten was analyzed with lithium borate fusion XRF (XF750).

Silver samples >1500 g/t were also analyzed by fire assay (FA530) and lead samples >10% with

titration (GC817). Over-limit tungsten was analyzed with lithium borate fusion XRF (XF750).

Conversion to WO3 % = W % x 1.2616. All results have passed the QA/QC screening by the lab.

Ruby Creek Project: The 28,631-hectare Ruby Creek Project is road accessible and located 14

kilometres (km) east of

Atlin, BC

. There are 48 different documented mineral occurrences on the

Property, of which 16 are gold-related, with 7 significant gold placer creeks. The Property also hosts

the historic Ruby Creek Molybdenum resource, which has an intact BC Mines Act permit. Stuhini has

an Option to acquire 100% of the Ruby Creek Project subject to a 1% Net Smelter Royalty.

The geological content of this news release has been reviewed and approved by

Andrew Wilkins

, P.

Geo., a qualified person as defined under the terms of National Instrument 43-101.

About Stuhini Exploration Ltd.

Stuhini, a mineral exploration company, is focused on exploration and development of precious and

base metals properties in western

Canada

. The Company portfolio of exploration properties

includes: the flagship Ruby Creek Property, 14 km east of

Atlin, BC

; the Que Project ,70 km north of

Johnson's Crossing,

Yukon

; the South Thompson Nickel Project, 35 km northwest of

Grand Rapids,

Manitoba

; and the Big Ledge Property, 57 km south of

Revelstoke, BC

Forward-Looking Statements

This news release contains "forward–looking information" within the meaning of Canadian securities

laws, which may include, but are not limited to statements relating to the Option and the exercise of

the Option. All statements in this release, other than statements of historical facts, that address

events or developments that the Company expects to occur, are forward-looking statements.

Although the Company believes the expectations expressed in such forward-looking statements are

based on reasonable assumptions, such statements are not guarantees of future performance and

actual results may differ materially from those in the forward-looking statements. Factors that could

cause the actual results to differ materially from those in forward-looking statements include

regulatory actions, fluctuations in metal and commodity prices, market prices, failure to obtain

permits, and continued availability of capital and financing, and general economic, market or

business conditions. In particular, there is no guarantee that exploration work, as proposed, or

otherwise, will be completed on the Property or that the Option will be exercised. Such forward-

looking information reflects the Company's views with respect to future events and is subject to

risks, uncertainties and assumptions, including those set out in the Company's prospectus. Investors

are cautioned that any such statements are not guarantees of future performance and actual results

or developments may differ materially from those projected in the forward-looking statements. There

can be no assurance that any forward-looking statements or information will prove to be accurate as

actual results and future events could differ materially from those anticipated in such statements or

information. Accordingly, readers should not place undue reliance on forward-looking statements or

information. Except as required by applicable securities laws, the Company undertakes no obligation

to update these forward-looking statements in the event that management's beliefs, estimates or

opinions, or other factors, should change.

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 Ltd.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/February2022/22/c8470.html

%SEDAR: 00046568E

For further information:

David O'Brien, President & Chief Executive Officer, Stuhini Exploration

Ltd., Email: [email protected], Phone: (604) 835-4019, Web: www.stuhini.com

CO: Stuhini Exploration Ltd.

CNW 08:30e 22-FEB-22

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