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Sterling Metals Corp. reports exploration developments for Canadian copper projects, with recurring updates centered on drilling, assay results, geological targeting, and project-level corporate activity. The company advances the Soo Copper Project in Ontario, where news has focused on the MEPS Discovery, copper and gold assays, bornite and covellite mineralization, porphyry copper targets, and data-driven exploration methods.
Sterling also describes a broader Canadian exploration portfolio that includes the Adeline Project in Labrador, a sediment-hosted copper belt with silver credits. Company updates commonly address field programs, geophysical and core-scanning work, exploration infrastructure, and capital or portfolio actions tied to its mineral exploration strategy.
Sterling Metals (SAGGF) reported new drill results from four holes at the MEPS Zone on the Soo Copper Project, extending the mineralized strike by 300 metres to over 1.3 kilometres. The work is part of an ongoing 20,000 metre drill program near Batchewana Bay, Ontario.
Flagship hole SC-26-16 cut 450.92 m grading 0.30% CuEq from 17.18 m, including 101 m at 0.50% CuEq and 12 m at 1.70% CuEq. It also intersected a granite porphyry stock from 306.0 m, returning 162.1 m at 0.32% CuEq, with the final 3 m showing molybdenum up to 2,080 ppm (1.16% CuEq). Hole SC-26-15 delivered 436.75 m at 0.30% CuEq from 14.25 m, plus a 26 m molybdenum-rich interval at 0.79% CuEq. Hole SC-26-17 returned 284.75 m at 0.29% CuEq, including 9.97 m at 1.31% CuEq. Sterling indicates the copper-molybdenum porphyry system remains open to the east and at depth.
Sterling Metals (OTCQB: SAGGF, TSXV: SAG) has closed its court-approved acquisition of QcX Gold (TSXV: QCX) via a plan of arrangement under the Business Corporations Act (British Columbia). QcX shareholders received one Sterling share for every 4.81026 QcX shares, reflecting an exchange ratio of 0.20789, resulting in the issuance of 4,922,249 Sterling shares.
Sterling also issued 1,649,399 warrants and 299,361 options to replace QcX securities on equivalent economic terms. Post-transaction, existing Sterling and former QcX shareholders own approximately 90.4% and 9.6% of Sterling, respectively. The deal consolidates a land package exceeding 35,000 hectares in the Batchewana Copper Belt, expanding Sterling’s district footprint by about 40% and adding multiple copper and gold exploration targets around the Soo Copper Project. QcX shares are expected to be delisted from the TSX Venture Exchange around September 1, 2026, and Sterling will seek to end QcX’s reporting issuer status. Former QcX CEO Albert Contardi has joined Sterling’s board of directors.
Sterling Metals (TSXV:SAG, OTCQB:SAGGF) reported that QcX Gold shareholders approved the previously announced plan of arrangement under the BC Business Corporations Act at QcX’s August 18, 2026 meeting. Closing remains subject to customary conditions, including stock exchange and regulatory approvals, and is expected on or around August 25, 2026.
Sterling also signed an access agreement dated August 17, 2026 with an arm’s length owner of mineral claims in Ontario, granting exploration access. As consideration, Sterling will issue 210,000 common shares and 250,000 warrants exercisable at $1.23 for two years, subject to TSX Venture Exchange and other approvals. Securities will carry a four‑month‑and‑one‑day hold period.
Sterling Metals (OTCQB:SAGGF, TSXV:SAG) reported new drill results from hole SC-26-13 at the MEPS Zone on the Soo Copper Project near Batchewana Bay, Ontario. The hole cut 445.0 m grading 0.40% CuEq from 22.0 m, including 203.10 m at 0.51% CuEq from 40.9 m depth.
Higher-grade intervals include 9.50 m at 2.34% CuEq from 74.0 m and 16.25 m at 2.31% CuEq from 176.0 m, plus 7.4 m at 1.49% CuEq from 459.0 m. SC-26-13, collared ~140 m east of SC-26-10, extends higher-grade copper mineralization about 100 m east and the molybdenum-rich breccia about 50 m east, within a copper-mineralized footprint now traced over more than one kilometre. Sterling has completed 38 holes for 17,250 m of its minimum 20,000 m 2026 drill campaign and has deployed GeologicAI core-scanning technology to improve targeting.
Sterling Metals (OTCQB:SAGGF, TSXV:SAG) reported new 2026 drill results from the MEPS Zone at its Soo Copper Project in Ontario. Flagship hole SC-26-10, drilled near-vertically from 4.0 m depth, cut 497.55 m of 0.41% CuEq, including 358.0 m of 0.50% CuEq from 44 m, with multiple higher-grade copper intervals such as 24.65 m of 1.94% CuEq and 8.50 m of 4.74% CuEq.
Immediately below the high-grade copper zone, SC-26-10 confirmed a molybdenum-rich breccia returning 57.0 m of 0.81% CuEq averaging 1,077 ppm Mo, extending mineralization more than 100 m deeper. Step-out holes SC-26-11 and SC-26-12 intersected broad, lower-grade copper envelopes of 317.2 m at 0.25% CuEq and 477.0 m at 0.23% CuEq, respectively. According to Sterling, 33 holes totaling about 16,000 m have now been completed toward a minimum 20,000 m campaign aimed at defining near-surface copper-dominant and underlying molybdenum-dominant sulphide zones at MEPS and testing additional district targets.
Sterling Metals (TSXV:SAG, OTCQB:SAGGF) reported assay results from three additional 2026 drill holes (SC-26-07/08/09) at the Soo Copper Project near Batchewana Bay, Ontario. The holes, testing the northwest and west extents of the MEPS Zone, intersected broad, near-surface copper mineralization ranging from 247.0 m to 305.1 m, grading approximately 0.30%–0.34% CuEq. Higher-grade sub-intervals include 26.0 m at 0.64% CuEq in SC-26-07, 38.2 m at 0.53% CuEq in SC-26-08, and 12.7 m at 0.94% CuEq in SC-26-09, with individual samples up to about 6.5% CuEq. Sterling reports a strong correlation between copper mineralization and IP chargeability anomalies, supporting its exploration model. The company is drilling the 30th hole of its 2026 program, having completed about 15,000 m of a minimum 20,000 m campaign and over 25,000 m since spring 2025.
Sterling Metals (OTCQB:SAGGF) reported assay results from the first six holes of its 2026 drilling program at the Soo Copper Project near Batchewana Bay, Ontario.
Highlights include broad, near-surface copper-equivalent intervals up to 503.9m of 0.26% CuEq and discovery of a deeper high-grade molybdenum zone, within a multi-phase porphyry stock traced along a ~1.4 km corridor. The company has drilled over 12,000m in 22 holes toward a minimum 20,000m 2026 campaign and reports a new surface copper outcrop discovery ~1.2 km west of the MEPS Discovery.
Sterling Metals (OTCQB:SAGGF) agreed to acquire all securities of QcX Gold via a court-approved plan of arrangement. QcX holders receive 1 Sterling share for every 4.81026 QcX shares, implying about $0.25666 per QcX share.
The deal will create a consolidated land package exceeding 35,000 hectares in the Batchewana Copper Belt, expanding Sterling's district footprint by roughly 40% and adding multiple copper and gold exploration targets. Sterling will issue about 4.7M shares, with post-closing ownership of approximately 90.75% Sterling shareholders and 9.25% QcX shareholders.
Closing is targeted shortly after a late July 2026 QcX shareholder meeting, subject to shareholder, court, TSXV and other customary regulatory approvals. QcX directors and senior officers entered voting support agreements, and boards of both companies unanimously approved the transaction.
Copper Road Resources (TSX-V:SAGGF) closed a non-brokered private placement issuing 3,809,600 flow-through shares at $0.105 per share for aggregate gross proceeds of $400,008. Proceeds will fund eligible Canadian exploration expenses qualifying as flow-through critical mineral mining expenditures and are expected to be renounced to subscribers effective December 31, 2026.
The company agreed to pay $28,000.56 in finder cash commissions and issued 266,672 finder warrants exercisable at $0.105 for 18 months. Securities are subject to a statutory hold period of four months and one day; closing remains subject to regulatory approvals.
Sterling Metals (OTCQB:SAGGF / TSXV:SAG) reports progress at the Soo Copper Project near Sault Ste. Marie, advancing a minimum 20,000 metre drill program with ~6,200 metres completed across 9 holes and initial assays expected in May 2026. Drilling has expanded and better defined the 500m x 400m x 300m MEPS Discovery and intercepted a multiphase Cu-Mo porphyry stock. The company opened a 6.5-acre operations base, contracted GeologicAI and VRIFY for AI-driven core scanning and targeting, and closed the Sail Pond sale. Treasury: ~$10.5M.