NEWFOUNDLAND - Sterling Metals Corp. has revealed the latest assay results from its 2023 drilling program at the Sail Pond project in Newfoundland. The company drilled eight holes covering a total of 2,058 meters, guided by the Orion 3D geophysical survey. The drilling did not identify a high-grade sulfide economic trap; however, it led to the discovery of additional high-grade silver-copper mineralization, which extended the known Heimdall trend by 200 meters.
The newly identified extension, dubbed the Heimdall North Zone, has shown promising high mineralization grades and is still open to the north, offering potential for further exploration. Jeremy Niemi, Senior Vice President of Exploration and Evaluation at Sterling Metals, expressed optimism about the strong geophysical targets and the company's continuous efforts to locate areas that could harbor massive sulfide accumulations.
During winter 2023, Sterling conducted a ground geophysical survey near the Heimdall and Heimdall North zones. The survey aimed to detect anomalies indicative of economic orebody-sized traps that could suggest the presence of high-grade silver-copper mineralization. Four target zones were subsequently prioritized for drilling.
A significant fault encountered during drilling at Heimdall North prevented the completion of hole 79. This fault is now believed to be responsible for the chargeability response beneath the zone rather than an accumulation of sulfides. Despite this setback, the final two holes in the program, which were guided by LiDAR survey data and structural interpretation, intersected high-grade silver copper mineralization. This structural corridor will be a key area of focus for future explorations at Sail Pond.
In addition to its work at Sail Pond, Sterling completed fieldwork at the Adeline Project in Labrador in 2023, drilling 1,930 meters with ALS assay results pending. CEO Mathew Wilson acknowledged the unexpected outcomes from the Sail Pond drilling but reaffirmed Sterling's commitment to its exploration efforts and anticipation for the Adeline assay results.
The ongoing exploration activities by Sterling Metals underscore its dedication to unlocking the potential of its projects and contributing to Newfoundland's growing mining sector.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.