Stuhini Samples 3.5 metres of 11.55 % Zinc, 0.28 % Copper, 117 g/t Silver at its Ruby Creek Project
Stuhini Samples 3.5 metres of 11.55 % Zinc,
0.28 % Copper, 117 g/t Silver at its Ruby Creek
Project
VANCOUVER, BC
,
Dec. 15, 2020
/CNW/ - Stuhini Exploration Ltd. (the "Company" or "Stuhini")
(TSXV: STU) is pleased to report assay results from the Silver Diamond and Copper Valley
prospects on its Ruby Creek Project (the "Property or Project") located 20 kilometres (km) east of
Atlin, BC
.
The Silver Diamond and Copper Valley prospects are located in close proximity to the past
producing Black Diamond Tungsten Mine, a northeast trending vein with reported tungsten, copper,
gold and silver mineralization. The prospects coincide with electromagnetic (EM) and magnetic
anomalies identified in the airborn SkyTEM survey conducted in the spring of 2020 (see
June 12,
2020
news-release). Follow up prospecting, geologic mapping, outcrop sampling and diamond saw
channel sampling has identified skarn mineralization consisting of disseminated to semi-massive
pyrrhotite lenses with chalcopyrite, sphalerite, scheelite and galena. The prospects as well as the
Black Diamond
vein are hosted within metavolcanic and metasedimentary rocks of the Upper
Paleozoic Cache Creek Complex in close proximity to alaskite of the Mount Leonard Boss, a small
stock separated from the main body of the Late Cretaceous Surprise Lake Batholith.
Figure 1 - Silver Diamond, Copper Valley and Black Diamond Prospects on top of Airborn SkyTEM
Magnetics (CNW Group/Stuhini Exploration Ltd.)
The Silver Diamond prospect is located on the west side of the placer gold producing Boulder Creek
and appears to be within the same northeast striking
Black Diamond
structure identified within the
SkyTEM magnetics. A 22 metre long channel sample was taken from polished outcrop using a
portable diamond saw. Highlights of sampling include 3.5 metres of 116.8 g/t silver, 11.55% zinc,
0.28% copper and 0.11% lead.
Eight grab samples were also taken from a 3 metre exposure, approximately 10 metres west of the
channel samples. This is believed to be an additional horizon of skarn mineralization. Various grab
samples from this outcrop returned assays as high as 1.22 g/t gold, 0.46% copper, 64.1 g/t silver
and 0.25% tungsten oxide. Table 1 is a summary of the results for the Silver Diamond Prospect.
Channel
Sample
From
(m)
To
(m)
Length
(m)
Au (g/t)
Ag (g/t)
Cu (%)
Pb (ppm)
Zn (%)
WO
3
(%)
SDSKN-01
0
22
22
0.06
34
0.27
320
1.88
0.17
including
3.5
0.02
116.8
0.28
1148
11.55
0.01
Sample ID
From
To
Length
Au (g/t)
Ag (g/t)
Cu (%)
Pb (ppm)
Zn (%)
WO
3
(%)
1869638
0
2.4
2.4
0.15
21.6
0.64
72
0.04
0.20
1869639
2.4
4
1.6
0.04
18.1
0.53
80
0.04
0.55
1869640
4
5
1
0.02
8.3
0.24
21
0.02
0.24
1869641
5
7
2
0.03
16.3
0.05
218
0.05
0.02
1869642
7
9
2
0.07
11.0
0.15
63
0.02
0.39
1869643
9
12
3
0.05
46.4
0.28
414
0.05
0.32
1869644
12
13.3
1.3
0.04
5.5
0.09
67
0.02
0.01
1869645
13.3
14.5
1.2
0.07
25.7
0.38
504
0.07
0.11
1869646
14.5
15.5
1
0.24
11.6
0.30
143
0.20
0.13
1869647
15.5
18.5
3
0.01
1.5
0.06
20
0.04
0.01
1869648
18.5
19.5
1
0.04
206.0
0.48
1800
21.20
0.01
1869649
19.5
21
1.5
0.03
123.0
0.32
1000
12.28
0.00
1869650
21
22
1
0.01
18.4
0.04
719
0.82
0.00
1997490
Grab sample
0.40
33.0
0.47
121
0.01
0.21
1997491
Grab sample
0.67
47.8
0.08
998
0.05
0.15
1997492
Grab sample
0.68
28.7
0.04
501
0.03
0.09
1997493
Grab sample
0.03
41.8
0.15
957
0.23
0.25
1997494
Grab sample
0.75
64.1
0.03
1748
0.06
0.15
1997495
Grab sample
1.22
8.5
0.02
202
0.01
0.18
Table 1 – Sample Results from the Silver Diamond Prospect
The Copper Valley prospect is located north and east of the Black Diamond Tungsten Mine.
Additional mapping, propecting and sampling was conducted in this area, following up on results
reported earlier in the season (see
June 29, 2020
news-release). Seven grab samples were taken
from outcropping skarn mineralization, with multiple samples returning significant zinc, copper, lead
and tungsten oxide values. Table 2 is a summary of the results for the Copper Valley prospect.
Sample ID
Au (g/t)
Ag (g/t)
Cu (%)
Pb (ppm)
Zn (%)
WO
3
(%)
Sn (ppm)
1996452
0.09
5.0
0.38
16
7.71
0.38
10
1893090
0.01
136.0
1.28
2300
0.58
0.33
1061
1997336
0.04
42.4
1.08
105
0.28
0.28
202
1996453
0.02
13.5
0.68
10
2.23
0.14
387
1996457
0.03
4.0
0.03
8
4.67
0.06
190
1996463
0.05
33.5
0.66
47
0.29
0.14
324
1997334
0.02
154.5
0.42
5244
0.33
0.03
765
Table 2 - Sample Results from the Copper Valley Prospect
Dave O'Brien
, Company President and CEO commented: "The Ruby Creek Project continues to
generate numerous targets. The mineralization and electromagnetic anomaly observed at the Silver
Diamond prospect deserves further exploration. Multiple comparable electromagnetic anomalies
occur within the Copper Valley area and these are currently untested and under-explored."
QA/QC:
Rock material was collected in poly bags 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. 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). All
results have passed the QAQC screening by the lab.
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.
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.
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 20 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 impact 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 Ltd.
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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 Ltd.
CNW 09:20e 15-DEC-20