The Mega-Discovery Next Door
Earlier this summer, a gold mega-discovery gripped one of the most prolific gold-producing regions in the world.
Now, right next-door, the next gold rush could be hiding in plain sight.
Canada’s Abitibi Greenstone Belt is home to some of the largest gold discoveries in the world, where multiple major companies have been producing for decades.
Most recently, it is anticipated that Amex Exploration’s Perron gold project is sitting on an estimated 5 million ounces of gold and counting.
This is great news for Starr Peak Exploration, the little-known mining company that swooped in to acquire the NewMetal property directly next-door.
After the recent mega-discovery, Amex has seen shares soar over 7,000% in the last 12 months.
And Starr Peak hopes to follow a similar path as they tap into the potential discovery on the property they acquired last year.
Their shares are already up over 890% in the last 12 months. But that could be just the beginning as they continue their exploration.
The results of Amex’s drilling campaign have been incredible so far, showing grades of 32.2 g/t gold over 5.9 meters and 30.98 g/t gold over 8.5 meters.
They own three colossal zones of property, spanning approximately 45 square kilometers, and recent news has been all about the “High Grade Zone,” located in their Eastern Gold Zone.
They started exploration at the northwest end of the property and have gradually moved eastward over the first 100,000 meters of their drill campaign.
And the grades of gold have only gotten more impressive the further east they’ve moved.
In fact, their last drill was just 1 kilometer away from Starr Peak’s boundary, and they’re closing in quickly.
Which is what makes Starr Peak so enticing, as it shares the border on Amex’s east side of the property, and it sits directly on trend with the gold mega-discovery at Perron.
But as Amex plans to continue a 200,000 meter drill program, Starr Peak offers an incredible opportunity for early investors.
Because Amex’s market cap is currently touting a massive $253.9 million, much of the upside has already been claimed by investors who got in before the world-class discovery.
But with Starr Peak sitting on a market cap of just $68.8 million at this point, they could potentially see shares soar if they discover gold similar to what Amex uncovered next door.
Which is why shares are already up 890% based on the potential this property holds under the surface. But there’s still plenty of upside remaining as they continue on toward their upcoming drill program.
As Starr Peak prepares for the next round of exploration, even some directors and early shareholders of Amex next door have seen the potential, opting to buy up shares of Starr Peak’s stocks early on as well.
It’s clear that after the recent news uncovered on Amex’s property, the potential for Starr Peak’s project sitting on trend with this world-class gold discovery is enormous.
And Starr Peak is starting to show signs of how confident they are that they’ll see impressive results from this project.
Just take a look at what they’ve been up to recently.
DOWNLOAD OUR EXCLUSIVE REPORT ON HOW STARR PEAK’S POTENTIAL GOLD BREAKTHROUGH COULD BE HIDING IN PLAIN SIGHT
Hot on the Acquisition Trail
Starr Peak acquired their first property in the Abitibi Greenstone Belt in June 2019.
That was prior to Amex discovering the anticipated 5 million ounces or more of gold that they’re currently sitting on.
Because of their timing and foresight, they were able to swoop in and acquire the property at prices much lower than they would’ve paid today after Amex’s mega-discovery.
But the moves didn’t stop there.
In June 2020, they acquired another block which greatly expanded their footprint in the area. That acquisition nearly doubled the size of their properties.
It’s safe to say, after seeing what Amex has uncovered during drilling this year, Starr Peak is confident they’re onto something with great potential – and they’re moving quickly.
Now, their most exciting acquisition took place on August 15th.
That’s when Starr Peak acquired 3 more major gold properties.
With this move, they’ve now taken 100% interest in several past-producing mines – mines already proven to contain impressive exposure for gold, silver, zinc, and copper over the course of several decades.
Among these newly acquired properties is their Rousseau gold property, which adds another 12 claims spanning over 470 hectares. It contains multiple gold-bearing veins that have been proved out by historical work.
This property covers the Rollmac gold zone of 31.298 tons of gold, graded at an incredible 11.99 g/t.
They’ve also added their new Turgeon Lake gold property, with another 2 claims covering almost 113 hectares.
Grab samples from this property have shown grades of up to an incredible 168.3 g/t gold at its highest.
With the historical work showing extremely high-grade samples here, Starr Peak plans to make this area a primary target in hopes of discovering a larger gold system.
Finally, their new Normetal/Normetmar property sits directly on trend with Amex’s massive gold discovery, and Starr Peak hopes to see similar results to what drilling has uncovered next door on this new property.
And they’re confident they will, given what’s already been produced here over several decades.
It’s made up of 10 claims spanning 391 hectares, and it’s home to approximately 10.1 million tons containing 2.15% copper, 5.22% zinc, 0.549 g/t gold, and 45.25 g/t silver.
With a current total of 74 claims, covering a massive 2,279 hectares, Starr Peak’s property has already shown promising initial results.
Their leaders showed great foresight by snatching up the property before Amex’s major discovery.
Now, they’ve doubled down and picked up the pace of acquisitions as they’re quickly approaching their upcoming campaign.
With their property sitting between a gold mega-discovery and a large past-producing mine (which it now owns), they could see shares jump dramatically if they see the type of positive results they’re expecting.
And that’s why now is such an exciting time for early investors hoping to jump onboard the next potential gold rush and ride the upside for potentially enormous gains.
DOWNLOAD OUR SPECIAL REPORT ON STARR PEAK’S INCREDIBLE OPPORTUNITY AND HOW EARLY INVESTORS COULD PROFIT
The Most Exciting Phase
Starr Peak has now raised over $2 million to date, which is enough to cover the entirety of their coming drill program.
Plus, with the funding they plan to raise in the near future, they hope to continue on and fund a large drilling program of 10,000 meters.
As they prepare for their first drilling campaign and continue plowing ahead after their strong acquisition campaign, exposure could be coming very soon for Starr Peak.
They’re currently performing channel sampling and gravity surveys to assess the properties, which are the same techniques used during Amex’s mega-discovery next door.
Plus, they recently launched an initial program of compilation, prospecting, and geomapping.
They’re moving quickly as they hope to match the success Amex has seen in their Perron Gold Project.
And a big part of that could come thanks to the major announcement they made recently.
Starr Peak announced that they’ve signed an agreement to move forward with the project with the help of the top geological consulting firm in Quebec, Laurentia Exploration.
Laurentia has been involved in several of the biggest discoveries and exploration programs in the area in recent years.
And they have expertise in gold-rich VMS and orogenic gold mineralization, the same mineral targets Starr Peak is eyeing on their property.
But the most exciting part is that Laurentia Exploration is the same firm responsible for the drilling and exploration in Amex’s Perron mega-discovery.
Laurentia has drilled all the holes to date at Perron, completing the first 100,000 meters drilled with plans to complete the remainder of the 200,000 meters there as well.
Now, with Laurentia in their corner, this partnership should help Starr Peak get a huge head start as they surge ahead.
With a greater understanding of the geology of the area and help from the best to ensure they’re focusing on the drilling targets with the best potential, this could yield incredible results for Starr Peak.
As Amex continues drilling closer and closer to their eastern boundary, we’re getting a sneak peek at what could lie ahead for Starr Peak’s upcoming drill program
And with Starr Peak acquiring more properties at a rapid pace, investors are eagerly waiting to see what’s coming next for what could become the next great discovery in this prolific gold-producing region.
DOWNLOAD OUR EXCLUSIVE REPORT ON HOW STARR PEAK’S POTENTIAL GOLD BREAKTHROUGH COULD BE HIDING IN PLAIN SIGHT
IMPORTANT NOTICE AND DISCLAIMER
This communication is a paid advertisement. ValueTheMarkets is a trading name of Digitonic Ltd, and its owners, directors, officers, employees, affiliates, agents and assigns (collectively the “Publisher”) is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. In this case, the Publisher has been compensated by Starr Peak Exploration Ltd to conduct investor awareness advertising and marketing and has paid the Publisher the equivalent of one hundred and sixty six thousand USD to produce and disseminate this and other similar articles and certain related banner advertisements. This compensation should be viewed as a major conflict with the Publisher’s ability to provide unbiased information or opinion.
CHANGES IN SHARE TRADING AND PRICE
Readers should beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you receive this communication, which has the potential to adversely affect share prices. Frequently companies profiled in our articles experience a large increase in share trading volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in share trading volume and share price may likely occur.
NO OFFER TO SELL OR BUY SECURITIES
This communication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security.
Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position.
This communication is based on information generally available to the public and on an interview conducted with the company’s CEO, and does not contain any material, non public information. The information on which it is based is believed to be reliable. Nevertheless, the Publisher does not guarantee the accuracy or completeness of the information. Further, the information in this communication is not updated after publication and may become inaccurate or outdated. No reliance should be placed on the price or statistics information and no responsibility or liability is accepted for any error or inaccuracy. Any statements made should not be taken as an endorsement of analyst views.
NO FINANCIAL ADVICE
The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser or a financial adviser. The Publisher has no access to non-public information about publicly traded companies. The information provided is general and impersonal, and is not tailored to any particular individual’s financial situation or investment objective(s) and this communication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor or a personal recommendation to deal or invest in any particular company or product. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised company’s SEC, SEDAR and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. Past performance does not guarantee future results.
FORWARD LOOKING STATEMENTS
This communication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. Statements in this communication that look forward in time, which include everything other than historical information, are based on assumptions and estimates by our content providers and involve risks and uncertainties that may affect the profiled company’s actual results of operations. These statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results and performance to differ materially from any future results or performance expressed or implied in the forward-looking statements. These risks, uncertainties and other factors include, among others: the success of the profiled company’s operations; the size and growth of the market for the company’s products and services; the company’s ability to fund its capital requirements in the near term and long term; pricing pressures; changes in business strategy, practices or customer relationships; general worldwide economic and business conditions; currency exchange and interest rate fluctuations; government, statutory, regulatory or administrative initiatives affecting the company’s business.
INDEMNIFICATION/RELEASE OF LIABILITY
By reading this communication, you acknowledge that you have read and understand this disclaimer in full, and agree and accept that the Publisher provides no warranty in respect of the communication or the profiled company and accepts no liability whatsoever. You acknowledge and accept this disclaimer and that, to the greatest extent permitted under applicable law, you release and hold harmless the Publisher from any and all liability, damages, injury and adverse consequences arising from your use of this communication. You further agree that you are solely responsible for any financial outcome related to or arising from your investment decisions.
All trademarks used in this communication are the property of their respective trademark holders. Other than valuethemarkets.com, the Publisher is not affiliated, connected, or associated with, and the communication is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Publisher to any rights in any third-party trademarks other than valuethemarkets.com.
valuethemarkets.com and Digitonic Ltd and our affiliates are not responsible for the content or accuracy of this article. The information included in this article is based solely on information provided by the company or companies mentioned above. This article does not provide any financial advice and is not a recommendation to deal in any securities or product. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance.
ValueTheMarkets do not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above piece. ValueTheMarkets have been paid to produce this piece by the company or companies mentioned above. Digitonic Ltd, the owner of valuethemarkets.com, has been paid for the production of this piece by the company or companies mentioned above.