Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

NOVA.V ·

Stuhini Samples 2.37 kilograms per tonne Silver at the Ruffner Target

Corporate Updates

Stuhini Samples 2.37 kilograms per tonne

Silver at the Ruffner Target

VANCOUVER, BC,

Nov. 18, 2020

/CNW/ - Stuhini Exploration Ltd. (the "

Company

" or

Stuhin

i")

(TSX-V: STU) is pleased to announce that is has completed its exploration program on the Ruby

Creek Project (the "Property" or the "Project") for the 2020 field season and is currently compiling

the results from various identified targets. The following is a summary of highlights for the Ruffner

Target.

Ruffner Highlights:

119 rock samples collected with 46 samples assaying greater that 25 g/t silver

13 samples assaying greater than 400 g/t silver

2,370 g/t silver from sample #1893100

10.0 g/t gold, 783 g/t silver and over 10% lead from sample #1869659

5.8% Copper, 422 g/t silver and 1.22 g/t gold from sample #1892686

14.8% zinc, 173 g/t silver and 2.6 g/t gold from sample #1997463

Dave O'Brien

, Company President and CEO commented;

"We are very encouraged by the number

of notable silver showings that the Stuhini team were able to uncover in the Ruffner area. This area

comprises only a small portion of the highly prospective Project tenures."

2020 Field Program

:

The 2020 program consisted of Property scale mapping, prospecting and

geochemical sampling of various targets identified in historic work and the 2020 SkyTEM airborne

geophysical survey (Stuhini News Release

June 12, 2020

). Field crews collected a total of 1,186

outcrop and felsenmeer samples and 850 soil samples from the Property. The Company is still

awaiting assay results from several sample batches that were delivered to the Bureau Veritas prep

lab in

Whitehorse, Yukon Territory

, however all samples from the Ruffner Target have been received

and compiled.

Ruffner Target:

The Ruffner Target refers to the approximately 2,500 hectares that make up the

Northwestern portion of the tenures that surround the historic past producing Ruffner Silver Mine. A

total of 119 outcrop and felsenmeer samples were collected from this target (see map below).

Ruffner Area of Interest - 2020 Rock Samles - Anomalous Gold and Silver (CNW Group/Stuhini

Exploration)

Mineralization from the historic Ruffner Silver Mine and the surrounding showings is composed of

quartz-carbonate veins with galena, sphalerite, arsenopyrite and lesser pyrite and chalcopyrite.

These mineralized structures are often associated with mafic dykes hosted within granodiorite and

diorite of the Fourth of July Batholith.

The table below summarizes some of the more noteworthy samples collected from the Ruffner

Zone.

Sample

Sample Type

Ag (g/t)

Au (g/t)

Cu (%)

Pb (%)

Zn (%)

1893100

Felsenmeer

2370

0.56

0.10

2.92

0.3

1997475

Felsenmeer

1558

1.15

0.05

>10

5.43

1996081

Felsenmeer

1069

0.31

0.04

>10

0.06

1869665

Chip (historic trench)

941

0.17

0.90

1.17

0.27

1996294

Felsenmeer

902

0.30

0.92

2.94

1.72

1996299

Felsenmeer

897

0.29

0.05

6.54

3.61

1869659

Grab (historic trench)

783

10.0

0.70

>10

0.13

1996070

Felsenmeer

626

0.32

0.21

0.08

0.03

1996090

Felsenmeer

492

0.32

1.42

0.77

0.68

1996295

Felsenmeer

488

0.08

2.00

0.23

0.04

1996270

Felsenmeer

484

2.46

0.13

5.4

1.12

1892686

Grab (historic trench)

422

1.22

5.83

1.47

0.06

1996293

Felsenmeer

407

0.30

0.43

0.09

0.01

1997463

Felsenmeer

173

2.60

0.12

1.94

14.76

The highest-grade silver sample (#1893100) was collected from a preferentially eroding E-NE

trending structure, northeast of the Ruffner Silver Mine complex. The highest-grade gold sample

(#1869569) assayed 10.0 g/t Au and 783 g/t Ag. Sample #1996081 was collected approximately

750 metres W-SW of, and on strike with the historic Wheelbarrow showing. Results included assays

of up to 5.8% copper, >10% lead and 14.76% zinc with 34 samples greater than 1,000 ppm copper,

55 samples greater than 1,000 ppm lead and 59 samples greater than 1,000 ppm zinc.

Sample station locations were recorded in UTM NAD83 using a hand-held GPS. Sample

descriptions, photographs and representative samples were also collected. Rock material was

collected in poly bags and stored in a secure location under the supervision of Stuhini personnel and

then transported to the Bureau Veritas sample preparation facility located in

Whitehorse, Yukon

Territory

. 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 was performed on all samples.

Other Targets:

The Company is presently compiling assay data as it comes in from other targets

on the Project and will be reporting further exploration updates as these compilations are completed.

This first Ruffner Target area update will be the first of several updates as this summary only

pertains to approximately 2,500 hectares of the more than 27,000- hectare project.

Extension of Investor Relations Contract:

The Company also wishes to announce that it has

extended its investor relations contract with Nicosia Capital. Further details regarding the investor

relations contract can be found in the Company's news release dated

May 15, 2020

.

Ruby Creek Project

: The 27,354-hectare Ruby Creek Project is road accessible and located 20

kilometres (km) east of

Atlin BC

. There are 48 different documented mineral occurrences on the

Property, of which 16 are gold-related, with 4 active 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.

Further details regarding the Ruby Creek Option Agreement can be found in the Company's news

release dated

July 30, 2019

.

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 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 Ruby Creek Property located approximately 24 km east of

Atlin, BC

and the

Que Property located approximately 70 km north of Johnson's 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 the Company's strategic plans, timing and

expectations for the Company's exploration and drilling programs, estimates of mineralization from

sampling, and geological information projected from sampling results. 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; accuracy of assay results; geological interpretations from

sampling results, timing and amount of capital expenditures; the affect of Covid-19 on the

Company's ability to conduct exploration; performance of available laboratory and other related

services; and future exploration 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 and uncertainties of sampling results and other geological data;

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 to download multimedia:

http://www.newswire.ca/en/releases/archive/November2020/18/c8084.html

%SEDAR: 00046568E

For further information:

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

Ltd., Email: [email protected], Phone: (604) 418-4019, Web: www.stuhini.com

CO: Stuhini Exploration

CNW 09:25e 18-NOV-20