Northwire Canada EditionWednesday, August 12, 2026
Northwire
CRE 0.345 −2.8% GNG 0.100 +0.0% XTG 2.62 −0.8% LIFT 2.90 +1.1% ANK 0.325 −4.4% FIN 0.105 +0.0% BTO 7.17 +1.6% SGD 17.05 −0.8% CNC 1.55 −1.0% EFR 20.45 −0.7% UTWO 0.350 +0.0% LVX 0.540 +1.9% BONE 0.035 +0.0% CLCH 1.13 +0.9% DRY 0.305 +0.0% PUMA 0.130 +0.0% CRE 0.345 −2.8% GNG 0.100 +0.0% XTG 2.62 −0.8% LIFT 2.90 +1.1% ANK 0.325 −4.4% FIN 0.105 +0.0% BTO 7.17 +1.6% SGD 17.05 −0.8% CNC 1.55 −1.0% EFR 20.45 −0.7% UTWO 0.350 +0.0% LVX 0.540 +1.9% BONE 0.035 +0.0% CLCH 1.13 +0.9% DRY 0.305 +0.0% PUMA 0.130 +0.0%
Drill Results

Star Copper releases early results at Star project

STCU · Price

Executive Summary

  • Preliminary results from drill holes S‑057 (completed) and S‑058 (in progress) tighten the 3‑D geometry of the Star Main system, extending the potassic‑chalcopyrite corridor westward and probing continuity northward.
  • Hole S‑057 intersected quartz‑actinolite‑pyrite‑epidote veins with chalcopyrite at a scale of 0.5–1 cm, confirming sustained hypogene fluid flow and supporting the geological model.
  • The company entered into a six‑month marketing and investor‑relations services agreement with Capital Analytica, paying $150,000 and issuing 200,000 incentive stock options (exercise price $1.20).

Key Details

  • Hole S‑057 – Steep fan from the S‑056 pad (TD 511.25 m); intersected ~140 m of pervasive potassic alteration in quartz monzodiorite; chalcopyrite localized in quartz‑sulphide veins and vein halos; identified early quartz‑actinolite‑pyrite‑epidote veins with chalcopyrite (0.5–1 cm scale).
  • Hole S‑058 – Vertically drilled step‑out 60 m north of historic hole S‑037; currently to ~250 m depth; passes oxidized fractured QMD → layered volcanic package with propylitic alteration and potassic halos; below ~130 m shows dense quartz‑pyrite‑chlorite‑magnetite (D‑type) veining with increasing chalcopyrite percentages.
  • Sampling – Core from S‑057 has been sampled and sent to Bureau Veritas Laboratories for analysis under QA/QC protocols. Results pending release upon completion of S‑058 (target depth 500 m).
  • Marketing Services Agreement – Effective Oct 5 2025, Capital Analytica will provide awareness, marketing, and IR services for six months; consideration: $150,000 cash + issuance of 200,000 incentive stock options at $1.20 exercise price, exercisable within 12 months.
  • QA/QC – HQ‑ and NQ‑size diamond drilling; 5 % certified reference materials, blanks, and field duplicates inserted; analysis performed by ISO/IEC‑17025 accredited Bureau Veritas Laboratories using multielement ICP‑ES/MS and fire assay for precious metals.
  • Qualified Person – Jeremy Hanson, P.Geo., independent contractor, reviewed and approved technical aspects of the release (NI 43‑101).

Notable Quotes

“Based on the results of our extremely promising six‑hole phase 1 drill program, our phase 2 campaign continues to build our understanding of the fault structure and grade of the supergene zone through and transition to hypogene copper mineralization at Star Main.” – Darryl Jones, CEO


Materiality Assessment: Non‑Material – Positive (early-stage drilling results that are encouraging but not yet indicative of a defined resource).

Read the original news release →

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