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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 (TSX.V:SAG / OTCQB:SAGGF) announced it has entered into a purchase agreement dated March 17, 2026 to sell a 100% interest in the Sail Pond project to an arm's length purchaser.
Consideration is 96,078 common shares of the purchaser. Completion is subject to regulatory approvals including TSX Venture Exchange acceptance, and all issued securities will carry a four-month-and-one-day statutory hold period.
Copper Road (SAGGF) closed a non-brokered private placement on March 16, 2026, issuing 5,656,522 flow-through shares at $0.115 for gross proceeds of $650,500. Proceeds will fund qualifying Canadian exploration expenses, primarily at the Ben Nevis Project, renounced to subscribers effective December 31, 2026. Finder fees total $38,344 plus 250,478 finder warrants exercisable at $0.115 for 18 months. Securities are subject to a four-month-and-one-day statutory hold and require TSXV approval.
Sterling Metals (OTCQB:SAGGF, TSXV:SAG) released remaining assays from its completed 2025 drill program at the Soo Copper Project, reporting broad copper intercepts and expanded high-grade bornite-covellite mineralization.
Highlights include 235.5m @ 0.42% Cu and 32.75m @ 1.31% Cu in MEPS-25-20, multiple >100m copper intervals, and a new bornite-covellite zone 120m NW of the discovery.
Copper Road (OTC: SAGGF) announced a non‑brokered private placement to raise up to $650,000 by issuing up to 5,652,174 flow‑through common shares at $0.115 per share. Proceeds will fund exploration of the Ben Nevis Property in Ontario and be renounced for Canadian tax purposes by December 31, 2026.
Closing is anticipated on or about March 11, 2026. Securities will carry a statutory hold period of four months plus one day; the Offering is subject to TSX Venture Exchange approval. Eligible insiders may participate under MI 61‑101 exemptions.
Sterling Metals (OTCQB:SAGGF; TSXV:SAG) reported discovery of a >400m felsic Cu-Mo porphyry stock in hole SC-26-01, intersected ~1.5km from the MEPS Discovery. The porphyry shows widespread chalcopyrite, bornite and molybdenite with potassic alteration and continues to ~1000m depth; assays are pending.
The find supports a 7km x 3km copper corridor and identifies ZTEM targets for follow-up drilling, including beneath MEPS.
Sterling Metals (TSXV:SAG)(OTCQB:SAGGF) reports assays from six additional 2025 drill holes at the Soo Copper Project, expanding the MEPS discovery. Results confirm continuous copper mineralization from surface across ~400m east-west strike and a 150m expansion of a high-grade bornite zone, including a peak sample of 38.9% Cu over 0.3m. Assays remain pending for five core holes. Copper equivalent (CuEq) uses 2023–2025 trailing average metal prices and 80% recoveries; true widths and grade capping are not yet applied.
Sterling Metals (OTCQB:SAGGF) has begun a minimum 20,000 metre 2026 drill campaign at the Soo Copper Project near Sault Ste Marie, Ontario. The winter program targets strike‑extensions and deeper zones beneath the MEPS discovery using geophysics-guided drilling.
The company cited resistivity lows, ZTEM inversions and prior core testing as evidence of a potentially larger copper system and noted assay delays while working with the laboratory to clear a backlog.
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+.