Starr PEAK Reports 9.49% Zinc-Equivalent over 5.90 Meters Including 3.05 Meters of 4.17% Copper and 17.17% Zinc-Equivalent
STARR PEAK REPORTS 9.49% ZINC-EQUIVALENT OVER 5.90 METERS
INCLUDING 3.05 METERS OF 4.17% COPPER AND 17.17% ZINC-EQUIVALENT
Vancouver, British Columbia – May 26th , 2022 – Starr Peak Mining Ltd. ("Starr Peak" or
the "Company") (TSXV:STE) (OTCQX:STRPF) is pleased to announce additional drill results
from its ongoing drill program on its 100% owned NewMétal property (“NewMétal” or “the
Property”), located in the Abitibi Greenstone Belt of Québec near the town of Normétal. See
below Table 1 and Figure 1 showing assay results to date and Zinc Equivalent (Zn_Eq)
calculations for mineralized intervals.
Highlights include:
• Deep drilling of the Normetmar trend in hole STE -21-92-W3 has returned 9.49% Zn_Eq
over 5.90 metres, including 3.05 m of 4.17% C u, 17.17% Zn_Eq, 1.61 g/t A u and 45.20
g/t Ag
Johnathan More, Chairman and CEO of Starr Peak commented, “Drilling of the Deep zone has
returned an interval of 9.49 % Zn_Eq over 5.90 m in hole STE-22-092-W3. The interval includes
a high-grade section of 3.05 metres grading 4.17 % Cu which is indicative of the occurrence of
high grade areas within the larger massive sulphide body at depth. One additional hole is being
drilled from this wedge series, following which we plan to test the Normetmar zone occurrence
below the D eep zone. The Deep zone is drilled down to approximately 1,000 m vertical depth.
The past producing Normétal mine, located 900 m East of the Normetmar zone, was continuous
down to a vertical depth of 2,400 meters. An existing hole will be drilled down several hundred
more meters below the Deep zone. BHEM (Bore Hole EM) surveys will be done within the
extended deep hole in search of massive sulphide mineralization near the hole, followed by drill
testing of priority EM targets.”
Table 1 – Deep zone results
Intervals are reported as drill core lengths measured downhole. True width of mineralization is
currently unknown.
*Note: Zn_Eq% formula is defined below
Figure 1 : Longitudinal Section of Normetmar Satellite Deposit trend at depth. Drilling targets
represented by a red star. Historical Drill Interc epts area provided in Zinc -Equivalent calculated
Zone Hole No. From
(m)
To
(m)
Length
(m)
Zn
(%)
C
u
(%)
Ag
(g/t)
Au
(g/t)
Zn_Eq
(%)*
Deep STE-22-092-W3 1040.85 1046.75 5. 90 0.10 2.31 24.94 0.86 9.49
Including 1041.60 1044.65 3. 05 0.10 4.17 45.20 1.61 17.17
STE-21-88 No significant results
using the formula in references. Abbreviation: Sp – Sphalerite, Cp – Chalcopyrite, Gn – Galena,
MS – Massive sulfides, SMS – Semi-massive sulfides (under 75%), Tr – Traces, EOH – End of
Hole.
The ongoing drill program continues targeting the Normetmar Deep zone, located directly below
the Normetmar high-grade zinc deposit. A second rig continues targeting the 4 km long prolific
Normetmar-Normétal lithological contact within the property, taking into account the many new
massive sulphide intercepts from the 2021-2022 program. The t hird rig ha s ended testing the
continuity of the historical gold occurrences on the Rousseau and Turgeon Lake Gold properties
located East of Normétal , results are pending . Remaining results of w inter drilling campaign ,
targeting the northern part of the Newmétal property , will be released as soon as the BHEM
surveys are completed and analytical results are received.
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 drilling campaign and the quality control program have been planned
and supervised by Alexis Paulin Bissonnette. Core logging and sampling were completed by
Laurentia Exploration. The quality assurance and quality control protocol include insertion of
one blank, one standard and one duplicate every 25 samples, in addition to the regular insertion
of blank, duplicate, and standard samples accredited by ALS Canada Ltd. during the analytical
process. Additionally, sample weight is taken prior shipment to validate sample identity. Gold
values are estimated by fire assay with finish by atomic absorption. Zinc, Copper and Silver
values are estimated by four acid digestion multi elements Inductively Coupled Plasma – Atomic
Emission Spectroscopy (ICP -AES), ME-ICP61. Zinc values over 1%, copper values over 1%
and silver values over 100 g/t are est imated by four acid digestion ICP-AES, OG62. Zinc values
over 30% are estimated by potentiometric titration, ZN -VOL50. The Qualified Person has not
completed sufficient work to verify the historic information on the Property, particularly in
regards to his torical 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 exploration potential of the Property but may not be representat ive of expected
results. Although the percentage estimation is a good guide to the concentration of copper and
zinc we can expect from future drill core assays, one must always be cautious about making
estimations with respect to metal concentrations and on the basis of visual estimation.
References and disclosures
Normétal historical Mine and Normetmar:
Summary Report, Normetmar Project, January 1988 by L. Boivin
*Metal Factor zinc equivalent formula: Zn_eq (%)* Core length
Zn_eq (%) = Zn(%) + [Cu(%) * Cu price (lb) / Zn price (lb)] + [Ag(%) * Ag price (oz) * 14,632
/ Zn price (lb) ] + [Au(%) * Au price (oz) * 14.632 / Zn price (lb)]
Zn_eq % based on US$: 1.2$/lb Zn, $3.5/lb Cu, $25/oz Ag, $1800/oz Au.
The historical information on the Longitudinal has not been validated otherwise than with the
information inside historical reports and cross sections. Exact location of historical drill hole
pierce points on the longitudinal may be different.
On Behalf of the Board of Directors of Starr Peak Mining Ltd.,
"Johnathan More"
Johnathan More
Chairman and Chief Executive Officer
About Starr Peak Mining Ltd.
Starr Peak Mining Ltd. is a Canadian based mineral exploration company focused on the
acquisition and exploration of precious and base metal mineral deposits. The primary objective
of the Company is to acquire, explore and develop high potential and quality gold and base metal
deposits and projects in the Americas. The Company is committed to creating long term
shareholder value through mineral discoveries.
For more information please contact:
Johnathan More, Chairman & CEO
Tel: 646-661-0409
https://www.starrpeakminingltd.com
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No securities regulatory authority has either approved or disapproved of the contents of this
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Cautionary Note Regarding Forward-Looking Information:
This press release contains forward -looking information based on current expectations,
including the use of funds raised under the Offering. These statements should not be read as
guarantees of future performance or results. Such statements involve known and unknown risks,
uncertainties and other factors that may cause actual results, performance or achievements to be
materially different from those implied by such statements. Although such statements are based
on management's reas onable assumptions, Starr Peak assumes no responsibility to update or
revise forward -looking information to reflect ne w events or circumstances unless required by
law.
Although the Company believes that the expectations and assumptions on which the forward-
looking statements are based are reasonable, undue reliance should not be placed on the
forward-looking statements because the Company can give no assurance that they will prove to
be correct. Since forward- looking statements address future events and conditions, by their very
nature they involve inherent risks and uncertainties. These statements speak only as of the date
of this press release. Actual results could differ materially from those currently anticipated due
to several factors and risks including various risk factors discussed in the Company's disclosure
documents which can be found under the Company's profile on www.sedar.com.
This press release contains "forward- looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as
amended and such forward- looking statements are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. The TSXV has neither reviewed nor
approved the contents of this press release.
SOURCE Starr Peak Mining Ltd.