STARR PEAK EXPLORATION (TSX-V:STE | OTC:STRPF)
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.
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Hot on the Acquisition Trail
STARR PEAK EXPLORATION (TSX-V:STE | OTC:STRPF)
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 EXPLORATION (TSX-V:STE | OTC:STRPF)
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
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