Welcome to our dedicated page for Sterling Metals news (Ticker: SAGGF), a resource for investors and traders seeking the latest updates and insights on Sterling Metals stock.
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 (TSXV:SAG)(OTCQB:SAGGF) was named to the 2026 TSX Venture 50 list, ranking 31st after delivering a 520% share price increase and 984% market-cap growth in 2025. The list emphasizes top one-year performers measured by price appreciation, market-cap growth, and trading value.
The ranking highlights a mining-sector resurgence, with 48 of 51 ranked companies operating in mining and an average share price appreciation of 431%.
Sterling Metals (OTCQB:SAGGF / TSXV:SAG) reported 17 of 33 2025 drill holes (6,267m) at the Soo Copper Project with multiple wide copper intercepts and a higher-grade bornite core. Highlights include MEPS-25-12: 300.5m @ 0.40% CuEq (from 131.6m) with 50m @ 0.92% CuEq and a 10.0m @ 2.42% CuEq bornite interval, and MEPS-25-11: 279.5m @ 0.31% CuEq (from 135.2m) including 11.4m @ 1.69% CuEq. The bornite zone now covers ~400m×400m and remains open east, south and at depth. Assays remain pending for 12 central holes; results will guide a larger 2026 resource-focused drill program.
Eric Sprott (SAGGF) announced that on December 22, 2025 he donated 353,333 common shares of Sterling Metals Corp. to The Sprott Foundation, a vehicle he controls.
The donation, combined with prior share issuances, reduced Mr. Sprott's beneficial ownership by approximately 26.5% since the last early warning report and lowered his beneficial ownership to below 10%, causing Mr. Sprott and 2176423 Ontario Ltd. to cease being insiders of Sterling Metals.
Mr. Sprott continues to control the donated 353,333 shares (about 0.8% of issued and outstanding shares). The securities are held for investment and Mr. Sprott may buy or sell in the future depending on market conditions. An early warning report will appear on SEDAR+.
Sterling Metals (OTCQB:SAGGF / TSXV:SAG) provided a year-end stakeholder update announcing exploration progress at the Soo Copper Project in Batchewana Bay, Ontario. The company completed ~11 km of drilling in 2025, identified a 6 km bornite-chalcopyrite trend, and reported a high-grade bornite zone with locally elevated gold values that increased the project's significance.
Sterling appointed Dr. Neil O'Brien as chief geologist, expects assay results in early 2026, and plans a minimum 20-km drill program targeted to start in February 2026 alongside expanded ZTEM and geophysics work.
Sterling Metals (OTCQB:SAGGF, TSXV:SAG) closed a non‑brokered private placement on November 26, 2025 to raise $14,000,098.10 through 5,244,517 units at $1.50 and 2,666,662 charity flow‑through units at $2.30.
Each Unit includes one common share and one‑half warrant (one warrant @ $3.00, two‑year term). Charity FT proceeds of $6.2 million represent the minimum expected 2026 qualifying exploration spend, primarily for drilling. The company says it has approximately $15 million in treasury and plans a winter drilling program after assays from ~13,000 metres completed in 2025 are received. Insiders subscribed 186,667 Units; a cash commission of $58,199.88 was paid. Securities are subject to a four‑month plus one‑day hold.
Sterling Metals (TSXV:SAG / OTCQB:SAGGF) announced an upsize to its non‑brokered private placement on November 10, 2025, increasing the offering to up to 5,244,452 Units at $1.50 and up to 2,666,662 Charity FT Units at $2.30 for aggregate gross proceeds of up to $14,000,000.60.
Each Unit includes one common share and one‑half warrant; each Charity FT Unit includes one flow‑through share and one warrant. Warrants exercise price: $3.00 for two years. The company may pay up to 6% cash commission. Proceeds: Units for general working capital; Charity FT Units for eligible Canadian exploration expenses. Closing subject to regulatory approvals and TSX Venture Exchange acceptance.
Sterling Metals (TSXV:SAG, OTCQB:SAGGF) announced discovery of widespread bornite and chalcopyrite in outcrop across a corridor now exceeding 6 km at the Soo Copper Project near Sault Ste. Marie, Ontario, and appointed Dr. Neil O'Brien as Chief Geologist.
Field work collected 1,323 new soil samples (122 copper hits) and 93 copper-bearing rock samples at the Gimlet Target, including 38 with bornite across ~2 km. Recent drilling includes MEPS-25-02: 262.5m @ 1.05% CuEq, with higher intervals; the drill program has been expanded from a minimum 3,000m to 6,000m. Reprocessed ZTEM shows a 10 km circular anomaly interpreted as a potential intrusive centre. The company also granted 1,300,000 RSUs to officers and directors (vesting over 36 months).
Sterling Metals (OTCQB:SAGGF) has announced a significant high-grade copper discovery at its Soo Copper Project in Batchewana Bay, Ontario. The discovery hole MEPS-25-02 intersected remarkable grades including 262.5m of 1.05% CuEq, with a high-grade zone of 68.3m grading 3.25% CuEq, and an exceptional interval of 9.3m of 19.8% CuEq from near surface.
The drilling revealed record-breaking results, including 33% Cu over 0.55m and 196 g/t Au with 21.3% Cu over 0.6m. Due to these promising results, Sterling has expanded its Phase 2 drilling program from 3,000m to at least 6,000m. The discovery indicates potential for a large-scale Cu-Au-Ag-Mo porphyry system, with the project strategically located just one hour north of Sault Ste. Marie, with access to rail and deep-water facilities.
Sterling Metals (OTCQB:SAGGF) has signed a significant exploration agreement with Garden River First Nation (GRFN) for its 100%-owned Soo Copper project in Batchewana Bay, Ontario. As part of the agreement, Sterling will issue 210,000 common shares subject to a four-month hold period.
Additionally, the company has engaged two investor relations firms: Plutus Invest & Consulting GmbH for a 12-month European marketing campaign worth up to €375,000, and NIA for a 6-month North American communications program at USD$50,000, with extension options available.
Sterling Metals (OTCQB:SAGGF) has initiated Phase 2 drilling at its 100%-owned Soo Copper Project in Batchewana Bay, Ontario. The program encompasses 3,000-5,000 meters of drilling across four primary target areas. The company has completed extensive preparatory work including re-logging historical core, reinterpreting geophysical data, and expanding soil sampling.
Key highlights include the targeting of the GFP porphyry dyke swarm's down-dip extension, where previous drilling returned 359.6m of 0.26% Cu, and the Richards Breccia depth extension, which historically yielded 38.63m @ 1.06% Cu. Three field teams have expanded the copper soil anomaly to over 5km and identified new mineralization 3km from the target area.
The project benefits from strategic infrastructure, located just 20km from rail with direct access to a deep-water port in Sault Ste. Marie, positioning it advantageously for critical metals development in Canada.