Stuhini Exploration Ltd
Overview
Stuhini Exploration Ltd is a well-structured mineral exploration company managed by a team with a record of success in the mineral exploration and business sectors. Stuhini is focused in W. North America. The Company’s flagship Ruby Creek Project (100% owned subject to 1% NSR) is road accessible and located 14km from Atlin, BC in the Atlin Gold Camp. In addition to being prospective for both gold and silver, the Project contains the highly advanced Ruby Creek Molybdenum (‘Mo’) Deposit which is a rare pure-play Climax style deposit. During the last base metal cycle, the former operator, advanced through feasibility, permitting and funding into mine construction which derailed in the 2008 financial crisis. Mine Development Assoc. of Nevada updated the mineral resource estimate in Mar 2022 and using a 0.02% Mo cut-off, reported a pit constrained @ $15US/lb resource of 432,991,000 lbs measured and indicated at a grade of 0.053% Mo plus an inferred resource of 43,650,000 lb at a grade of 0.