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Stuhini Exploration kicks off new drilling program at Ruby Creek gold and molybdenum property

Published 2022-08-09, 09:36 a/m
© Reuters.  Stuhini Exploration kicks off new drilling program at Ruby Creek gold and molybdenum property

Stuhini Exploration Ltd (TSX-V:STU) announced that it has begun a new drilling program at its Ruby Creek project near Atlin, BC.

The program consists of between eight to 10 core diamond drill holes targeting intrusion gold in an area referred to as Ruby Flats.

The planned 2,500 to 3,000 metre program is expected to be completed by the end of September, Stuhini said.

READ: Stuhini announces a pit-constrained mineral resource estimate for the Ruby Creek molybdenum deposit

The 28,631-hectare Ruby Creek project is road accessible and located 14 kilometres east of the town of Atlin.

Ruby Creek is home to 48 different documented mineral occurrences, of which 16 are gold-related, with seven significant gold placer creeks. The property also hosts a molybdenum deposit, which has an intact BC Mines Act permit.

Vancouver-based Stuhini has an option to acquire 100% of Ruby Creek, subject to a 1% net smelter royalty.

Contact Angela at angela@proactiveinvestors.com

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