StraightUp Resources (CSE: ST) (OTCQB: STUPF), a public company engaged in the business of mineral exploration and the acquisition of mineral property assets in North America, has received an early exploration permit from the Ministry of Northern Development and Mine, Natural Resources and Forestry (“NDMNF”). The permit, which is effective for three years, allows the company to conduct mechanized drilling and ground geophysical surveys that require a generator. The permit covers the company’s RLX North Property, which is located in the Red Lake Greenstone Belt of northwestern Ontario, and which has been identified as a high-priority exploration target. StraightUp has developed a strategic plan to test the gold targets starting with detailed data compilation combined with detailed regional structural interpretation. The plans include drilling the most prospective targets this summer. “We are now in an excellent position to move forward and plan a drill program on both of these RLX properties for this year,” said StraightUp president Mark Brezer in the press release. “The latest results, combined with our extensive data set from previous exploration, strengthen our commitment to the Red Lake Mining District and its potential for legendary, high-grade gold discoveries. Local expertise is continuing to prove itself invaluable to our exploration goals and management extends further gratitude for everyone’s commitment and timely efforts.”
To view the full press release, visit https://ibn.fm/ILJQg
About StraightUp Resources Inc.
StraightUp is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic, precious and base metal properties of merit. StraightUp intends to conduct exploration on the RLX North, RLX South, Belanger and Ferdinand Gold Project, all located in the Red Lake Mining Division, as well as the recently acquired Bear Head Gold Project, located within the Meen-Dempster Greenstone Belt of the Uchi Subprovince, approximately 80 kilometers west of the Pickle Lake Gold Camp. The company’s recent acquisition of West Cat Mine includes an unpatented mining claim on federal land located in the historic Beatty Mountain Nevada Mining District/Nye County Nevada about 15 kilometers east of US-95, approximately 20 kilometers from Beatty, Nevada, at the base of the Bare Mountain Range. For further information about the company, visit www.StraightUpResources.com.
NOTE TO INVESTORS: The latest news and updates relating to ST are available in the company’s newsroom at https://ibn.fm/STR
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment