Sterling Metals Continues to Intersect Continuous Copper Mineralization from Surface
Sterling’s routine definition drilling at the MEPS deposit confirmed broad near-surface hits with grades remaining below 0.35% CuEq.
Sterling Metals Corp. (SAG) reported three new drill holes at the MEPS Zone of its Soo Copper Project that intersected long intervals of continuous copper mineralization from near surface. The company states these results define the scale and continuity of the MEPS Zone, supporting a large, copper-dominant system with significant expansion potential.
The drill results are as follows:
- SC-26-07: 247.0 m @ 0.34% CuEq (from 7.0 m), plus higher-grade sub-intervals including 26.0 m @ 0.64% CuEq and 51.0 m @ 0.48% CuEq. A second deeper intersection returned 147.0 m @ 0.22% CuEq.
- SC-26-08: 291.3 m @ 0.32% CuEq (from 37.7 m), with sub-intervals such as 38.2 m @ 0.53% CuEq and 48.0 m @ 0.42% CuEq.
- SC-26-09: 305.1 m @ 0.31% CuEq (from 3.0 m), including 40.2 m @ 0.58% CuEq and 12.7 m @ 0.94% CuEq. A deeper interval returned 61.6 m @ 0.20% CuEq.
CuEq uses a disclosed formula and a 3-year trailing average price deck with 80% metallurgical recovery.
Sterling Metals Corp. (SAG) is a pre-resource junior explorer whose market capitalization has declined from over C$100 million post-discovery to approximately C$47 million, reflecting fading excitement as subsequent drill holes have largely returned low bulk grades. The stock has been drifting lower, trading at C$1.02 before the release compared to C$1.20 in late May.
The three new holes are entirely consistent with the pattern established by the first six holes of 2026. They confirm that the MEPS Zone is large and continuous near surface, but they do not alter the grade profile or hint at a new high-grade core. The results are unlikely to reverse the stock’s downward trend because they add no new, differentiated information, representing routine definition drilling.
Sterling Metals Corp. (SAG) is a pre-revenue junior explorer listed on the TSX-V. Its primary asset is the Soo Copper Project in Ontario, a porphyry Cu-Mo system within an emerging district. The company also holds the Adeline project in Labrador and is in the process of acquiring QcX Gold, consolidating land in the Batchewana Copper Belt.
No mineral resources have been defined. The company’s market cap is approximately C$47M with approximately C$11M in cash and no debt as of March 31, 2026.