Starr Peak Mining Ltd. announced drilling results and an exploration program update on its NewMétal property ("NewMétal" or "the Property"), located in the Abitibi Greenstone Belt of Québec near the town of Normétal. Deep hole STE-22-123-W1 drilled parallel to the favorable horizon down to a depth of 1,850 meters vertical has intercepted mineralization along with the favorable mine sequence. Geophysic BHEM survey revealed a new untested anomaly centralized at a vertical depth of 1,200 meters and characterized by a mid conductance of 150 siemens and dimensions of 150 meters wide by 400 meters long.

This anomaly plate is the probable continuity of the mineralized system at depth underneath the historical mining drift from Normétal to Normemar (Level 1,270m). In comparison, the high-grade zinc intersection from the Upper Zone in hole STE-21-08 was overlaid by a plate of 250 Siemens and dimensions of 40 meters wide by 60 meters long. Starr Peak Reports Maiden Drilling Results Up To 20.94% ZN, 0.43% CU, 39.58 G/T AG And 0.21 G/T AU Over 12.10 M And A New Discovery At Depth With Additional Massive Sulphides.

Geophysic BHEM survey means geophysical borehole electromagnetic survey which is the science of recording and analyzing measurements of physical properties made in wells or test holes. This survey is a tool used to search for conductive mineral-bearing ore bodies and allows the company to plan future drill holes based on those results. An anomaly is the interpreted result of variation of the induced current in the bedrock.

In comparison for the mineralization continuity, the past producing Normétal historical mine has been exploited down to a depth of 2,400m and the mineralization system, historically described as richer in copper at depth and not ending completely at the bottom. Follow-up drill holes can be performed directly from the deep hole, limiting meters needed.