Stinger acquires mineral claims in B.C.

Executive Summary

• Stinger Resources Ltd. acquired two contiguous BC mineral claims (1118893 & 1118908) from Wild West Gold for $10,000 cash, creating a 271.5‑ha block that links the Dunwell mine claims to the Glacier Creek claims.
• The acquisition gives Stinger 100 % ownership of the entire 6.5 km Portland Canal Fissure zone, a historically high‑grade polymetallic corridor in the Golden Triangle.
• No net smelter royalty (NSR) is attached to the acquired interests, enhancing the project's economics.

Key Details

• Claims Acquired: BC mineral claims 1118893 and 1118908, total area ≈ 271.5 ha, located in Stewart camp of British Columbia’s Golden Triangle.
• Seller: Wild West Gold.
• Purchase Price: $10,000 cash for a 100 % interest; no NSR obligations.
• Strategic Fit: Claims bridge the gap between existing Dunwell mine claims and Glacier Creek claims (acquired 2020), forming one contiguous land package.
• Geology: Contains multiple bonanza‑grade gold and silver showings near the historic Dunwell mine; part of the Portland Canal Fissure zone with numerous high‑grade polymetallic occurrences.
• Infrastructure: Proximity to highway, power line, and only ~8 km from bulk‑tonnage shipping ports in Stewart, BC—considered excellent logistics for the Golden Triangle.
• Management Quote: Darren Blaney (President & CEO) emphasized the acquisition as part of a broader strategy to consolidate “the richest ground” in Bear Valley and highlighted the logistical advantages.

Notable Quotes

“This is the latest of several strategic acquisitions we have done to consolidate the richest ground in the Bear Valley near Stewart, B.C.… The property boasts possibly the best logistics in the Golden Triangle with a highway and power running through it and is located only eight km from bulk tonnage shipping ports in Stewart, B.C.” – Darren Blaney, President & CEO.