Sterling Metals Commences Deep Orion 3D Geophysical Survey at Sail Pond
Sterling Metals Commences Deep Orion 3D Geophysical
Survey at Sail Pond
February 22, 2023 – Toronto, Ontario – Sterling Metals Corp. (TSXV: SAG and OTCQB: SAGGF) (“Sterling
Metals” or the “ Company”) is pleased to announce that it has commenced its 2023 field exploration
program at the Sail Pond Silver and Base Metal Project in the Great Northern Peninsula of Newfoundland.
Following up on the recent discovery at Heimdall North, the Company has engaged Quantec Geoscience
to conduct an Orion 3D Swath DCIP and MT survey. The survey is designed to identify larger bodies of
mineralization close to mineralization intersected in recent drilling and to map both host rocks and
important structures down to a depth of up to 2 kilometers. The survey will cover 42 line kilometers and
is expected to last 2 months (Figure 1).
Goals of the 2023 Field Program and Initial Survey
• Identify potential high -grade feeder zones as exploration targets proximal to Heimdall and
Heimdall North Zones;
• Identify new targets along the mineralization trend; and
• Provide 3D interpretation of key geological controls on mineralization.
Mathew Wilson, CEO of Sterling Metals, commented: “Our 2022 drill program highlighted two key
findings. First, we identified two significant high-grade corridors consisting of quartz veins of exceptional
grades and brecciated dolostone within Heimdall. Second, the discovery of 100% sulfosalt veining 500 m
north of Heimdall demonstrates the strength of the fluid flow c arrying these incredible high grades,
suggesting that areas with more porous host rocks are likely to contain more high -grade fluid. The Orion
survey will give us a detailed and deep look at the geological features controlling the high grade silver
mineralization. The hope of this high resolution Orion survey is to provide a clear connection between the
high grade mineralization in our near surface drilling to potentially larger pools of metal at depth. Our
team is focused on executing a very well -designed exploration strategy to ensure that our 2023 drill
campaign is one defined by many great successes.”
Figure 1: Planned Orion 3D Survey Area at the Sail Pond Project
2023 Field Exploration
Multiple zones of mineralization have been discovered at Sail Pond and the next phase of exploration is
targeting larger accumulations of metal close to the zones. Drilling combined with down hole optical
televiewer work in the 2022 campaign provides us with valuable exploration data to vector towards new
zones. The current Orion 3D survey will cover areas of interest and further focus our targeting by
identifying potential new zones and by mapping key structures and host lithologies (brecciated dolostone)
to be tested in our 2023 drill program.
The Orion 3D survey w ill be carried out at 200 m line spacing along 3 km long lines, covering 3 km along
strike and will effectively giving us a 3 km by 3 km survey block with valuable data down to 2 km below
surface. The team has mobilized to Roddickton , Newfoundland and has commenced the survey on
February 15, 2023.
About Orion 3D
Orion 3D uses core features developed through the evolution of the TITAN 24 system.
Orion is a highly flexible 3D ground geophysical survey that can mobilize anywhere, is unlimited by terrain
and other surface conditions, and is perfectly suited to explore in sensitive areas. Orion 3D collects three
sets of data in multi-directions – DC Resistivity, IP (induced polarization) to depths of 800 m, and deep MT
resistivity to dept hs greater than 2 ,000 metres. Orion 3D is the leading REAL 3D ground geophysical
survey.
Figure 2: Orion 3D survey example results. Survey area of 2 km by 2 km with deep 3D information down
to 2 km.
Qualified Person
Jeremy Niemi, P.Geo., Director of Exploration for Sterling Metals has reviewed and approved the technical
information presented herein.
Laboratory Technical Note
Analytical services were provided by SGS Canada Inc., which is an independent, CALA-accredited analytical
services firm registered to ISO 17025 standard. Drill core was halved by sawing at the Sterling core facility
and half-core samples were securely stored at the facility until being delivered to SGS Grand Falls site by
commercial transport. Samples were crushed to 80% passing 10 mesh, split to 250 g, and pulverized to
95% passing 150 mesh. Multi -element analyses, including base metals, were conducted on pulverized
material using the ICP method for 34 elements. Laboratory over -limits analysis methods were applied as
required. A sy stematic QAQC protocol was employed that includes systematic insertion in the sample
stream of certified reference materials and blank samples, plus analysis of duplicate pulp splits.
About Sterling Metals
Sterling Metals (TSXV: SAG and OTCQB: SAGGF) is a mineral exploration company focused on Canadian
exploration opportunities. The Company is currently advancing its 100% owned Sail Pond Project located
in the Great Northern Peninsula of Newfoundland. The Sail Pond Project consists of high grade, silver,
copper, lead and zinc associated with quartz-carbonate veining, brecciated dolostone, and 100% sulfosalt
veining. The project is a brand-new discovery, first discovered in 2016 with no drilling prior to 2021. The
project area covers 13,500 ha and is easily accessible by road with nearby services and an airport.
For more information, please contact:
Sterling Metals Corp.
Mathew Wilson, President & CEO
Tel: (416) 643-3887
Email: [email protected]
Website: www.sterlingmetals.ca
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