Stinger Resources Announces Acquisition of Golden Triangle Mineral Claims

Rhea-AI Summary

Stinger Resources (TSXV: STNG) has acquired two BC Mineral Claims (1118893 and 1118908) from Wild West Gold in British Columbia's Golden Triangle for $10,000. The strategic acquisition of 271.5 hectares connects the original Dunwell Mine claims to the Glacier Creek claims, creating a consolidated property block.

The acquisition provides Stinger control over the entire 6.5 km Portland Canal Fissure Zone, which features multiple bonanza-grade gold and silver showings. The property benefits from superior infrastructure, including highway access, power availability, and proximity to shipping ports in Stewart, BC, located just 8km away.

Positive

• Strategic acquisition consolidates valuable mining claims in the Golden Triangle
• Full control of 6.5 km Portland Canal Fissure Zone with multiple high-grade polymetallic deposits
• Excellent infrastructure with highway access, power, and nearby shipping ports
• Low acquisition cost of $10,000 with no NSR royalties
• Property location just 8km from bulk tonnage shipping ports

Negative

• Additional exploration and development costs will be required
• No immediate revenue generation from the acquired claims

News Market Reaction

+9.84%

1 alert

+9.84% News Effect

On the day this news was published, STNRF gained 9.84%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Cardston, Alberta--(Newsfile Corp. - August 11, 2025) - Stinger Resources Ltd. (TSXV: STNG) (the "Corporation") is pleased to announce that it has acquired BC Mineral Claims 1118893 and 1118908 from Wild West Gold, located in the Stewart camp of British Columba's Golden Triangle. These two contiguous claims, covering 271.5 hectares, tie the original Dunwell Mine claims to the Glacier Creek claims acquired in 2020, creating one large block of claims in a historically rich area.

Wild West Gold was paid $10,000 for a 100% interest, with no NSR on the claims. The Dunwell Mine Claims have multiple bonanza-grade gold and silver showings within several kilometers of the past-producing mine that appear to be related geologically. Acquiring these claims covers gaps that existed between the Dunwell Mine and Glacier Creek claims previously acquired.

Darren Blaney, President & CEO of the Company, stated: "This is the latest of several strategic acquisitions we have done to consolidate the richest ground in the Bear Valley near Stewart, BC. The Dunwell Mine claims now control the entire 6.5 km Portland Canal Fissure Zone, which contains numerous high-grade polymetallic mineral occurrences. The property boasts possibly the best logistics in the Golden Triangle with a highway and power running through it and is located only 8km from bulk tonnage shipping ports in Stewart, BC."

About Stinger

Stinger holds a strong portfolio of gold and silver properties in British Columbia, Canada.

The Corporation's 100% owned Dunwell Mine project is located in the prolific "Golden Triangle" of NW British Columbia.

The Corporation also holds a 100% interest in the Gold Hill project located in SE British Columbia on Boulder Creek in the headwaters of the Wildhorse River.

The Corporation also has property option agreements on several other promising mineral properties located in other prospective areas of the province.

For further information please contact Kelvin Burton at: Phone: 587-271-0999 or Email: info@stingerresources.com. Information relating to the Corporation is available on its website at www.stingerresources.com

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/261763

FAQ

What mineral claims did Stinger Resources acquire in the Golden Triangle?

Stinger Resources acquired BC Mineral Claims 1118893 and 1118908, covering 271.5 hectares from Wild West Gold, connecting the Dunwell Mine claims to the Glacier Creek claims.

How much did Stinger Resources pay for the Golden Triangle claims?

Stinger Resources paid $10,000 for a 100% interest in the claims, with no NSR (Net Smelter Return) royalties attached.

What infrastructure advantages does Stinger's Golden Triangle property have?

The property features excellent infrastructure including highway access, power lines running through it, and is located just 8km from bulk tonnage shipping ports in Stewart, BC.

What is the significance of the Portland Canal Fissure Zone for STNG stock?

The Portland Canal Fissure Zone spans 6.5 km and contains numerous high-grade polymetallic mineral occurrences, with Stinger now controlling the entire zone through this acquisition.

Where are Stinger Resources' newly acquired claims located?

The claims are located in the Stewart camp of British Columbia's Golden Triangle, specifically in the Bear Valley near Stewart, BC.