Starr PEAK Confirms High GOLD Result at Turgeon Lake GOLD Showing
STARR PEAK CONFIRMS HIGH GOLD RESULT AT TURGEON LAKE
GOLD SHOWING
Vancouver, British Columbia – December 9, 2020 – Starr Peak Exploration Ltd. ("Starr
Peak" or the "Company") (TSX VENTURE:STE) (OTC:STRPF) is pleased to announce that
it has received high gold results from grab samples taken on a field visit carried out in September
2020. Highlight assay results sampled on Turgeon Lake shoreline returned 157, 31.8 and 9.77 g/t
Au, which confirm closely the historical grab samples at Turgeon Lake gold showing.
September 02 and 03, grab sa mples were taken from the Rousseau gold property and the
Turgeon Lake gold property. Grab samples of quartz veins collected from the Mercier vein and
the Turgeon Lake showing are hosted in the 2716 Ma (1) Val-St-Gille s syn-volcanic pluton
associated with variable amount of disseminated pyrite and alteration halos and in close proximity
to the ENE Proterozoic mafic dykes. The locally sampled Mercier vein and a new vein did not
return significant results.
Turgeon Lake 2020 grab sample results:
Type X‐UTM‐NAD83 Z 17N Y‐UTM‐NAD83 Z 17N Sample ID Description Au (g/t)
Grab sample 637948,2 5430955 C24901 Turgeon showing 0,22
Grab sample 637947 5430954 C24902 Turgeon showing 9,77
Grab sample 637946 5430954 C24903 Turgeon showing 0,78
Grab sample 642480 5432984 C24904 Turgeon showing 157,00
Grab sample 642478 5432984 C24905 Turgeon showing 31,80
Johnathan More, Chairman and CEO of Starr Peak commented, “With a significant land position
in the Normétal area, including two past-producing mines and neighbouring Amex Exploration’s
Perron project, we are now in a position to begin drilling. Over the past few months our geological
consultant partners have been putting together a comprehensive database and 3D model of all
historical exploration and mining data over our highly-prospective Newmétal property.”
Synvolcanic plutons are the locus of orogenic gold mineralizations in the Abitibi belt, especially
in the southern part. The most striking example is the 2700 Ma (2) Bourlamaque Pluton in the Val
d’Or areas hosting at least 8 past producing mines, including the Sullivan (1.2 Moz Au - 32C/04-
0019 – data from cogite in SIGEOM); Beaufor (>1.1 Moz Au - Mornarque Gold); Ferderber (0.35
Moz Au - 32C/04-0026), Courvan (0.28 Moz Au - 32C/04-0036), and the marginal (< 0.2 Moz
Au) Dumont, Lac Herbin, Wrightbar and Beacon gold mines.
In the Rouyn-Noranda, the 2701 Ma (3) Flavian-Powell plutonic complex hosts numerous quartz
vein type gold deposits, such as the operating Elder mine (Abcourt mines), and the closed Silidor
(0.48 Moz Au - 32D/06-0114) and Powell-Rouyn (0.39 Moz Au - 32D/06-0103) mines. The Pierre
Beauchemin (Eldrich-Flavel) and New Marlon mines produced less than 0.2 Moz Au.
Gold mineralization was also mi ned in the 2796 Ma (4) Mooshla pl uton from the Mouska mine
underground access to zones 50 and 60. Specific production from these zones is not available.
Although the syn-volcanic plutons ar e prospective for gold, they didn’t receive as much as
attention as their volcanic counterparts. Historically gold was discovered directly at surface in
outcropping syn-volcanic plutons. C onversely, most plutonic rocks in the northern part of the
Abitibi belt are either covered by large lakes, or by quaternary sediment, hence restricting direct
discovery. Furthermore, orogenic gold-bearing qu artz veins hasn’t a di scriminant geophysical
signature, hence limiting the use of these ex ploration technics. In the present case, gold
mineralization is exposed at su rface due to the metamorphic e nduring of the ENE Proterozoic
dykes.
Figure 1: Geological Map of the NewMétal property with respect to Amex Exploration’s Perron
Project.
In addition, the Company is pl eased to provide an update on its geophysical programs. A high-
resolution drone magnetic airborne survey is completed over Starr Peak’s Rousseau and Turgeon
properties. Reviewed data are high quality and allow to define with precision the ENE Proterozoic
mafic dykes. An airborne VTEMTM survey is currently underway over the Company’s Newmétal
project. This survey has been delayed by bad weat her and data will be presented to the market
once finished, complied and reviewed.
Figure 2: Rousseau gold property and Turgeo n Lake gold property with 2020 grab samples
location and high-resolution drone Mag survey - first vertical derivative
Qualified Person
Alexis Paulin Bissonnette, Ing. (OIQ 5037621), an independent Qualified Person as defined by
Canadian NI 43-101 standards, has reviewed and approved the geological information reported in
this news release. The Qualifie d Person has not completed sufficien t work to verify the historic
information on the Property, particularly in rega rds to historical drill results. However, the
Qualified Person believes that drilling and analytical results were completed to industry standard
practices. The information provides an indication of the explora tion potential of the Property but
may not be representative of expected results.
References and disclosures
Amex Exploration Perron Project:
Amex Exploration Inc. Press Releases dated July 16, 2020 and May 21, 2019, January 17, 2018.
Normétal historical Mine and Normetmar:
Summary Report, Normetmar Project, January 1988 by L. Boivin
Geochronology:
(1) MRD299: Barrett, T.J., Ayer, J.A., Or dóñez-Calderón, J.C. and Hamilton, M.A. 2013.
Burntbush–Normétal volcanic belt, Abitibi greenstone belt, Ontario–Quebec: Geological mapping
and compilation project, Discover Abitibi Initiative, 135p. [PDF document]; in Geological
mapping and compilation of the Burntbush–Normét al volcanic belt, Abitibi greenstone belt,
Ontario–Quebec, Ontario Geological Survey, Miscellaneous Release—Data 299.,
(2) L. Wong, D. W. Davis, T. E. Krogh and F. Robert, 1991. Pb zircon and rutile chronology of
Archean greenstone formation and gold mineralization in the Val d’Or region, Quebec. Earth
Planet. Sci. Lett., 104, 325–336.
(3) J. K. Mortensen, 1993. U-Pb geochronology of the Eastern Abitibi Subprovince. Part II.
Noranda-Kirkland Lake area. Can. J. Earth Sci, 30, 29–41.
(4) B. Lafrance, J. Moorhead and D. W. Davis, 2003. Cadre géologique du camp minier de Doyon-
Bousquet-LaRonde. ET 2002-07, Ministère Ressources naturelles Québec, Canada
The Company wishes to caution that historical resources described above are historical. The
historic resources are relevant to give a ballpark estimate of the potential on the property. Historical
resources should not be relied upon. The key assumptions, parameters and methods used to
prepare the historical estimate is not known and thus the difference between the historic estimates
and NI 43-101 compliant estimates is also not k nown. The historical estim ates used categories
other than the ones set up in sections 1.2 and 1.3 of National Instrument 43-101, Standards of
Disclosure for Mineral Projects. A qualified pers on has not reviewed the historical estimates and
has not done sufficient work to cl assify the historical estimates as current mineral resources and
Starr Peak is not treating the historical estimates as current mineral re sources under National
Instrument 43-101 and CIM Standards for mineral resources and reserves. Further exploration
work needs to be done to correctly evaluate these historical resources. Additionally, the
methodology of calculation is unknown by the qualified person.
Grab samples are selective by nature and the va lues reported may not be representative of the
mineralized zone.
Mineralization hosted on adjacent and/or nearby pr operties is not necessarily indicative of
mineralization hosted on the Company’s property.
On Behalf of the Board of Directors of Starr Peak Exploration Ltd.,
"Johnathan More"
Johnathan More
Chairman and Chief Executive Officer
About Starr Peak Exploration Ltd.
Starr Peak Exploration Ltd. is a Canadian based mineral expl oration company focused on the
acquisition and exploration of precious and base metal mineral deposits. The primary objective of
the Company is to acquire, e xplore and develop high potential and quality gold deposits and
projects in the Americas. The Company is committed to create long term shareholder value through
mineral discoveries.
For more information please contact:
Johnathan More, Chairman & CEO
Tel: 646-661-0409
https://www.starrpeakexploration.com/
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SOURCE Starr Peak Exploration Ltd.