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Sterling Metals Summer Field Program Discovers Bornite in Outcrop Across a 6km Corridor and Appoints Dr. Neil O'Brien as Chief Geologist

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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 (TSXV:SAG, OTCQB:SAGGF) ha annunciato la scoperta di vasta bornite e calcopirite in affioramento lungo un corridoio che ora supera 6 km presso il Soo Copper Project vicino a Sault Ste. Marie, Ontario, e ha nominato Dr. Neil O'Brien come Capo Geologo.

Il lavoro di campo ha raccolto 1,323 nuovi campioni di suolo (122 rilevamenti di rame) e 93 campioni di roccia contenente rame al Gimlet Target, inclusi 38 con bornite su circa 2 km. Le perforazioni recenti includono MEPS-25-02: 262.5m @ 1.05% CuEq, con intervalli più alti; il programma di trivellazione è stato esteso da un minimo di 3.000m a 6.000m. La ZTEM rielaborata mostra un’anomalia circolare di 10 km interpretata come potenziale centro intrusivo. L’azienda ha inoltre concesso 1.300.000 RSU ai dirigenti e agli amministratori (vesting su 36 mesi).

Sterling Metals (TSXV:SAG, OTCQB:SAGGF) anunció el descubrimiento de pirita de Bornita y calcopirita de amplio alcance en afloramientos a lo largo de un corredor que ahora supera 6 km en el Proyecto Soo Copper, cerca de Sault Ste. Marie, Ontario, y nombró a Dr. Neil O'Brien como Geólogo en Jefe.

El trabajo de campo recogió 1,323 nuevas muestras de suelo (122 hallazgos de cobre) y 93 muestras de roca con cobre en el objetivo Gimlet, incluidas 38 con bornita a lo largo de ~2 km. La perforación reciente incluye MEPS-25-02: 262.5m @ 1.05% CuEq, con intervalos más altos; el programa de perforación se ha ampliado de un mínimo de 3,000m a 6,000m. Reprocesada ZTEM muestra una anomalía circular de 10 km interpretada como un posible centro intrusivo. La empresa también otorgó 1,300,000 RSU a funcionarios y directores (con vesting durante 36 meses).

Sterling Metals (TSXV:SAG, OTCQB:SAGGF)은 Soo Copper Project에서 Sault Ste. Marie, 온타리오 근처의 지대에서 이제 6 km를 초과하는 구간으로 광범위한 보나이트와 칼코파이라이트의 노출 발견을 발표했으며, Dr. Neil O'Brien을 수석 지질학자로 임명했습니다.

현장 작업으로 Gimlet Target에서 새로운 토양 샘플 1,323건(구리 발견 122건)과 구리 보유 암석 샘플 93건이 수집되었으며, 그중 38건은 약 2 km에 걸쳐 보나이트를 포함합니다. 최근 시추는 MEPS-25-02: 262.5m @ 1.05% CuEq를 포함하며 더 높은 구간이 있습니다; 드릴 프로그램은 최소 3,000m에서 6,000m로 확대되었습니다. 재처리된 ZTEM은 10 km 원형 이상으로 해석되는 잠재적 인트루시브 센터를 보여줍니다. 회사는 또한 임원 및 이사에게 1,300,000 RSU를 부여했습니다(베스팅은 36개월).

Sterling Metals (TSXV:SAG, OTCQB:SAGGF) a annoncé la découverte de bornite et de chalcopyrite répandues à l’affleurement sur un couloir maintenant dépassant 6 km au sein du Soo Copper Project près de Sault Ste. Marie, en Ontario, et a nommé Dr. Neil O'Brien comme Géologue en Chef.

Les travaux de terrain ont prélevé 1 323 nouveaux échantillons de sol (122 détections de cuivre) et 93 échantillons de roche porteuses de cuivre au Gimlet Target, dont 38 avec de la bornite sur environ 2 km. La foreuse récente comprend MEPS-25-02: 262,5 m @ 1,05% CuEq, avec des intervalles plus élevés ; le programme de forage a été étendu d’un minimum de 3 000m à 6 000m. Le ZTEM retraité montre une anomalie circulaire de 10 km interprétée comme un centre intrusif potentiel. La société a également accordé 1 300 000 RSU à des dirigeants et administrateurs (vesting sur 36 mois).

Sterling Metals (TSXV:SAG, OTCQB:SAGGF) gab die Entdeckung weit verbreiteter Bornite und Kalkopirit an Freilegungen in einem now über 6 km langen Korridor des Soo Copper Project in der Nähe von Sault Ste. Marie, Ontario, bekannt und benannte Dr. Neil O'Brien zum Chefgeologen.

Feldarbeiten sammelten 1,323 neue Bodenproben (122 Kupferfunde) und 93 kupferhaltige Gesteinsproben am Gimlet Target, darunter 38 mit Bornit über ca. 2 km. Die jüngsten Bohrungen umfassen MEPS-25-02: 262,5 m bei 1,05% CuEq, mit höheren Intervallen; das Bohrprogramm wurde von mindestens 3.000 m auf 6.000 m erweitert. Neu bearbeitete ZTEM zeigen eine 10 km große kreisförmige Anomalie, die als potenzielles Intrusionszentrum interpretiert wird. Das Unternehmen hat außerdem 1.300.000 RSU an Vorstände und Geschäftsleitung vergeben (Vesting über 36 Monate).

Sterling Metals (TSXV:SAG, OTCQB:SAGGF) أعلنت عن اكتشاف واسع للبيرونيت والكالكوبيريت في العُرض على امتداد ممر الآن يتجاوز 6 كم في مشروع Soo Copper قرب Sault Ste. Marie، أونتاريو، وعينت الدكتور نيل أوبريان ككيميائي رئيسي.

عمل ميداني جمع 1,323 عينة تربة جديدة (122 كشف موصل نحاس) و 93 عينة صخر حاملة للنحاس في الهدف Gimlet، بما في ذلك 38 مع Bornite على نحو ~2 كم. تشمل الحفريات الأخيرة MEPS-25-02: 262.5m @ 1.05% CuEq، مع فواصل أعلى؛ وتم توسيع برنامج الحفر من الحد الأدنى 3,000m إلى 6,000m. يُظهر ZTEM المعالج إعادةً إشارةً لمسافة 10 كم كاشفة عن مركز اندماج داخلي محتمل. كما منحت الشركة 1,300,000 RSU للضباط والمديرين (الاستحقاق خلال 36 شهرًا).

Sterling Metals (TSXV:SAG, OTCQB:SAGGF) 宣布在Soo Copper Project靠近Sault Ste. Marie, Ontario的暴露区发现广泛的磁黄铁矿和铜铁矿,corridor现在超过6 km,并任命Dr. Neil O'Brien为首席地质学家。

野外工作在Gimlet Target收集了1,323份新的土壤样本(铜发现122份)和93份含铜岩样品,其中38份在大约2 km范围内含有磁黄铁矿。最近的钻探包括MEPS-25-02: 262.5m @ 1.05% CuEq,具有更高的区间;钻探计划已从最低的3,000m扩展到6,000m。重处理后的ZTEM显示一个10 km的圆形异常,被解释为潜在的侵入中心。公司还向高管和董事授予1,300,000 RSU(在36个月内归属)。

Positive
  • MEPS-25-02: 262.5m @ 1.05% CuEq including higher-grade intervals
  • Field corridor expanded to 6 km with new copper occurrences
  • 93 copper-bearing rock samples at Gimlet, 38 containing bornite
  • Drill program increased from 3,000m to 6,000m
  • Reprocessed ZTEM reveals a 10 km circular anomaly
Negative
  • Key rock and soil assays pending for many new samples
  • Limited historical drilling in the Gimlet area creates uncertainty

TORONTO, ON / ACCESS Newswire / October 8, 2025 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to announce the discovery of large-scale bornite in outcrop and the appointment of Dr. Neil O'Brien as Chief Geologist. Concurrent with its ongoing drill program, regional exploration has expanded the surface footprint of copper mineralization at the Company's Soo Copper Project, located near Sault Ste. Marie, Ontario.

Surface mapping and sampling have identified extensive chalcopyrite and bornite mineralization extending south of the current drill area, defining a new target corridor known as the Gimlet Target Area. This discovery represents a major step in delineating the broader copper system surrounding the high-grade mineralization intersected in recent drilling. Bornite in outcrop has been a key factor in establishing priority targets such as the cave showing, leading to drill hole MEPS-25-02, which intersected 262.5m @ 1.05% CuEq, including 68.3m @ 3.25% CuEq and 9.3m @ 19.98% CuEq, as announced in a press release dated September 29, 2025.

Highlights of the Summer Field Program

  • An expanded regional soil sampling program including 1,323 new soil samples uncovered 122 new copper samples across a corridor of interest now exceeding 6km (Sample assays pending).

  • At the Gimlet Target Area, 93 copper-bearing samples including 38 containing bornite were collected across a 2km area, marking the largest concentration of bornite in outcrop discovered to date. This zone lies more than 2km from the MEPS-25-02 drill hole collar. Limited historical drilling in the area recorded porphyry-style alteration and copper sulphides.

  • Reprocessing of a 2014 ZTEM survey has revealed a 10km circular anomaly encompassing both the 2025 drilling and the Gimlet Target Area, interpreted as a potential intrusive centre linked to copper mineralization (Figure 1).


Figure 1. Soo Copper Project, surface sample locations over copper in soils map, over regional ZTEM survey (resistivity) and Lidar.

Appointment of Dr. Neil O'Brien as Chief Geologist
Dr. O'Brien has served as Technical Advisor to the Company since January 2023 and was instrumental in guiding Sterling's recent high-grade copper discovery at the Soo Copper Project in Ontario's Mid-Continent Rift.

From 2004 until his retirement in 2018, Dr. O'Brien served as Senior Vice President, Exploration and New Business Development at Lundin Mining Corporation, where he was one of the longest-serving members of an executive team that built the company into a leading international base metal producer. A consulting economic geologist and former mining executive, Dr. O'Brien has four decades of global experience across six continents, covering all stages of mineral exploration, project development, and corporate growth. He currently serves as a non-executive director with public companies, including NGEx Minerals, a Lundin Group company. Dr. O'Brien holds a PhD in Geological Sciences from Queen's University and is widely recognized for his expertise in base metal and polymetallic mineral systems, with extensive global experience in copper deposits.

Dr. Neil Obrien, Chief Geologist states, "Our drilling indicates a km-scale, well-preserved copper-bearing potassic zone that commonly hosts bornite mineralization at shallow depths and that we have yet to find the limits of. These new soil geochemical and geophysical results further support our interpretation that the copper mineralization is multi-stage and related to several phases of porphyries that comprise an underlying giant intrusive centre. The identification of extensive new bornite and chalcopyrite prospects across kms to the south-southwest of our current drilling provides good evidence that there are more high-grade copper zones at shallow depths yet to be discovered. Having worked with Sterling as a Technical Advisor, I am excited to now formally step into the role of Chief Geologist. The Soo Copper discovery represents one of the most compelling copper exploration opportunities in Canada, and I look forward to advancing and expanding this high-grade system."

Jeremy Niemi, SVP Exploration & Evaluation, commented, "Surface discovery of bornite across a wide new target corridor reinforces the view that Soo Copper is a large, multi-centre copper system. With Dr. Neil O'Brien now formally joining the team, we're adding decades of global porphyry expertise that will accelerate our understanding of the system's architecture and scale. It's an exciting time as Sterling continues to uncover the full potential of this copper district."

Mathew Wilson, CEO and Director, states "We are thrilled to add Dr. O'Brien to our team at this critical juncture for the Company. His extensive experience in large scale porphyry development and his track record of success speaks volumes to the potential of the Soo Copper project and that of Sterling Metals. Having worked together for several years looking to identify large scale copper deposits, we all look forward to what lies ahead."

The Company continues to drill at priority targets at the Soo Copper Project and has expanded the drill program from a minimum of 3,000m to a minimum of 6,000m.

Figure 2. Bornite and chalcopyrite from grab sample SCFS-25-081 (assays pending) at Gimlet Target Area.
Figure 3. Chalcopyrite and bornite from grab sample SCFS-25-062 at Gimlet Target Area.

Corporate Update
The Company is also pleased to announce that it has granted an aggregate of 1,300,000 restricted share units ("RSUs") to certain officers and directors of the Company. The RSUs shall vest in three equal tranches over the next 36 months beginning on October 8, 2026. Each RSU entitles the holder to receive one share of the Company on the date that the RSUs vest. The common shares issuable upon exercise of the options are subject to a four month hold period from the original date of grant.

Qualified Person
Jeremy Niemi, P.Geo., Senior Vice President, Exploration and Evaluation for Sterling Metals has reviewed and approved the technical information presented herein.

About Sterling Metals
Sterling Metals is a mineral exploration company focused on large scale and high-grade Canadian exploration opportunities. The Company is advancing the 25,000-hectare Soo Copper Project in Ontario which has past production, and multiple breccia and porphyry targets strategically located near robust infrastructure and the 29,000-hectare Adeline Project in Labrador which covers an entire sediment-hosted copper belt with significant silver credits. Both opportunities have demonstrated potential for important new copper discoveries, underscoring Sterling's commitment to pioneering exploration in mineral rich Canada.

Sterling Metals acknowledges that its exploration activities within the Soo Copper project are conducted on the traditional lands of the Batchewana, Garden River, and Michipicoten First Nations of the North Shore of Lake Superior. We recognize and respect the longstanding and diverse relationships Indigenous Peoples have with the land and are committed to engaging in a manner that is respectful, transparent, and inclusive.

For more information, please contact:

Sterling Metals Corp.
Mathew Wilson, CEO and Director
Tel: (416) 643-3887
Email: info@sterlingmetals.ca
Website: www.sterlingmetals.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

SOURCE: Sterling Metals Corp.



View the original press release on ACCESS Newswire

FAQ

What did Sterling Metals (SAGGF) discover at the Soo Copper Project on October 8, 2025?

Sterling reported widespread bornite and chalcopyrite in outcrop across a corridor now exceeding 6 km and identified a new Gimlet target with extensive samples.

How significant was drill hole MEPS-25-02 reported by Sterling (SAGGF)?

MEPS-25-02 returned 262.5m @ 1.05% CuEq, including intervals of 68.3m @ 3.25% CuEq and 9.3m @ 19.98% CuEq.

What exploration follow-up is Sterling Metals (SAGGF) doing after the October 8, 2025 release?

The company expanded its drill program from a minimum 3,000m to 6,000m and continues regional sampling and drilling at priority targets.

What geophysical evidence supports Sterling's (SAGGF) target expansion?

Reprocessing of a 2014 ZTEM survey revealed a 10 km circular anomaly interpreted as a potential intrusive centre linked to mineralization.

Who is Sterling's new Chief Geologist and what experience do they bring?

Dr. Neil O'Brien joined as Chief Geologist; he has four decades of global experience and was previously Senior VP Exploration at Lundin Mining.

Did Sterling Metals (SAGGF) grant shares or incentives on October 8, 2025?

Yes. The company granted an aggregate of 1,300,000 RSUs to certain officers and directors, vesting in three equal tranches over 36 months starting October 8, 2026.
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