Stearman Generates New Drill Targets
STEARMAN
RESOURCES INC.
STEARMAN GENERATES NEW DRILL TARGETS
Vancouver, British Columbia ( January 12, 2024) - Stearman Resources Inc. (CSE: STMN)
(“Stearman” or the “ Company”) is pleased to announce that the work performed by ALS
Goldspot Discoveries Inc. (“ALS Goldspot” ), previously announced on November 21 , 2023,
on the Company’s Miniac Property (the “Property”) has resulted in the generation of new
drill targets as well as a new interpretation of the underlying geology.
Utilizing the high-resolution drone magnetic geophysical data collected by the Company in
early 2023, in combination with other geophysical, geochemical, and geological data, ALS
Goldspot performed a constrained 3D magnetic inversion and structural interpr etation of
the Miniac Property (Figures 1 and 2).
As shown on Figure 2, the Company presents a new geological interpretation and newly
generated drill targets which are designed to target previously untested zones of the massive
sulphide horizon known to exist on the Property.
Figure 1: 3D magnetic inversion
STEARMAN
RESOURCES INC.
Figure 2: Geological interpretation showing massive sulphide horizon and new drill targets
ALS GoldSpot is a team of industry experts who combine knowledge in geoscience and data
science to deliver bespoke solutions that transform the mineral discovery process. In the
race to make discoveries, ALS GoldSpot produces Smart Targets and advanced geological
modelling that saves time, reduces costs and provides accurate results.
Miniac Property
The Miniac Property consists of 78 mining claims (41 square kilometres) located
approximately 35 km north of Amos, Quebec. Drilling on the Property by previous operators
intersected prospective intercepts such as 1.05 g/t Au and 0.16% Zn over 4.65 m, and 14.5
g/t Ag, 0.17% Cu and >0.66% Zn over 5.66 m. The mineralization occurs in massive to semi-
massive sulphide zones of primarily pyrite with lesser amounts of pyrrhotite, sphalerite, and
chalcopyrite.
This geophysical campaign marks the first time that property -wide, closely -spaced, high -
resolution geophysics will be performed on the Property, the goal of which is to generate
new drill targets to build on the prospective drilling performed in the past.
The NI 43-101 compliant technical report for the Miniac Property is available on SEDAR.
STEARMAN
RESOURCES INC.
About Stearman Resources Inc.
Stearman Resources Inc. is a Canadian mineral exploration company based in Vancouver,
Canada. The Company is currently focused on performing mineral exploration on the Miniac
Property. Stearman entered into an option agreement with J2 Metals Inc. where Stearman
has the option to acquire a 75% interest in the Miniac Property.
Raymond Wladichuk, P.Geo. (O GQ #: 02287), is a qualified person as defined by NI 43 -101
standards for mineral exploration disclosure and takes responsibility for the technical
information contained in this document.
On Behalf of the Company
Howard Milne, Chief Executive Officer
For further information, please contact Howard Milne, CEO at 604-377-8994 email [email protected]
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statements” within the meaning of Canadian securities laws, which may include, but are not limited
to statements relating to its future business plans. All statements in this release, other than
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