Northwire Canada EditionTuesday, July 28, 2026
Northwire
RIO 2.62 −2.8% GEN 0.070 +0.0% MAI 4.33 −3.4% RYR 0.175 +0.0% SCD 0.165 −1.5% SRC 1.75 −2.8% FOXT 0.165 +6.5% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.285 −5.0% HMR 0.540 +0.0% NRC 1.00 +0.0% SIG 0.920 +0.0% LMR 0.120 +60.0% XTM 0.065 +0.0% CRG 0.215 −2.3% RIO 2.62 −2.8% GEN 0.070 +0.0% MAI 4.33 −3.4% RYR 0.175 +0.0% SCD 0.165 −1.5% SRC 1.75 −2.8% FOXT 0.165 +6.5% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.285 −5.0% HMR 0.540 +0.0% NRC 1.00 +0.0% SIG 0.920 +0.0% LMR 0.120 +60.0% XTM 0.065 +0.0% CRG 0.215 −2.3%
Drill Results

Star Copper Reports First Phase 2 Drill Results Extending Mineralization to West, North and South

STCU · Price

Executive Summary

  • Star Copper released first Phase 2 drill results from its 2025 program at the Star Main target, highlighting multiple broad copper‑gold intervals (e.g., 80.30 m @ 0.508% CuEq in hole S‑060).
  • The data confirm that the mineralized system remains open to the west, north and south, supporting a larger 2026 exploration campaign.
  • The company closed an oversubscribed non‑brokered flow‑through private placement for C$7.306 million (5,844,800 shares at C$1.25) to fund the upcoming 2026 drill program.

Key Details

  • Hole S‑056: 542 m @ 0.139% CuEq (incl. 103 m @ 0.351% CuEq).
  • Hole S‑057: 508 m @ 0.181% CuEq (incl. 161 m @ 0.329% CuEq).
  • Hole S‑058: 269 m @ 0.141% CuEq (incl. 69 m @ 0.246% CuEq).
  • Hole S‑059: 313 m @ 0.281% CuEq (incl. 109 m @ 0.391% CuEq).
  • Hole S‑060: 317 m @ 0.291% CuEq (incl. 80 m @ 0.508% CuEq).
  • Hole S‑061: 68 m @ 0.266% CuEq (incl. 26 m @ 0.494% CuEq).

  • All intervals are length‑weighted averages; CuEq calculated using Cu $5.60/lb, Au $4,350/oz and 80 % recoveries for both metals.

  • Geological observations:

  • Western holes (S‑056, S‑057) intersect a broad potassic‑altered, chalcopyrite‑bearing corridor in quartz monzodiorite.
  • Northern holes (S‑058‑060) show mineralization within volcanic and porphyritic host rocks with strong D‑type veining.
  • Southern hole (S‑061) confirms shallow oxidized copper mineralization on the southern flank.

  • Financing:

  • Gross proceeds: C$7,306,000.
  • Issuance: 5,844,800 flow‑through shares at C$1.25 each.
  • Proceeds earmarked for an aggressive 2026 drill program (step‑out drilling, deeper target testing, 3‑D modelling, deep geophysics).

  • Future Plans:

  • $10 MM already committed to the Star Property for 2026 work.
  • Continued expansion of Star Main and follow‑up on Copper Creek and Star North targets.

Notable Quotes

“These first Phase 2 results show that Star Main hosts multiple mineralized corridors… With fresh flow‑through capital now in place, we believe Star is well positioned for a much larger 2026 campaign…” – Darryl Jones, CEO & President, Star Copper Corp.

Read the original news release →

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