Stelmine Canada Ltd. is currently planning its summer 2024 work program. This year, a first exploration phase will be performed on three new properties (100% STH). The Atanau, Nikan and Mishtik properties are situated in a territory where several Au, Ag, Zn and Cu showings were discovered notably by Osisko James Bay and Virginia Mines.

The region is presently undergoing a resurgence in mining exploration searching for critical metals. The new program defined by Stelmine confirms the resolve to diversify its project portfolio to include strategic metals assets. The properties consisting of 228 claims (116 km2) are located in the Ashuanipi subprovince, 50 km north of the Mercator property.

The proposed exploration program will involve prospection traverses and systematic sampling of rock and till material. Note the geological and structural context of these properties lend itself to critical metal exploration (Li, Cu, Zn, Ni, rare earths) being characterized by: An association with large regional faults, principally oriented NE-SW; Occurrence of strongly deformed and folded narrow greenstone belts; Tonalitic and granitic complex intruding volcanosedimentary rocks; Orogenic and volcanogenic mineralization; Metamorphism at the amphibolite grade.