Pioneering a New Gold District in Northern Quebec.
Nov 2, 2022Stelmine Canada Increases the Size of its Mercator Property by 165 km²
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Sulphide-rich rocks found at surface across a minimum 21 km long structural corridor including a 500 m wide mineralized slab in the 2.5 km long Meridian Zone. 42 m core interval grading 4.2 g/t Au starting just 12 m downhole (includes 12.2 g/t Au over 13.5 m and 105 g/t (VG) over 1.5 m). Stelmine’s initial drill program at Courcy ended in April, 2022 - 14 holes were drilled for a total of 2,237 m. Property Learn More
Stelmine is a junior mining exploration company pioneering a new gold district (Caniapiscau) east of James Bay in the under-explored eastern part of the Opinaca metasedimentary basin where the geological context has similarities to the Eleonore mine. One of the largest iron mines in the world operates near Fermont, about 100 km east of Courcy, so this is a part of the world where big things can happen on the resource front.
STH management team led by CEO Isabelle Proulx has successful track record in Quebec resource sector and has created a compelling gold exploration opportunity driven by a top tier geological team that includes Dr. Normand Goulet, considered one of the foremost structural geologists in Canada.