Welcome to our dedicated page for EraNova Metals news (Ticker: STXPF), a resource for investors and traders seeking the latest updates and insights on EraNova Metals stock.
Stuhini Exploration Ltd. (OTCQB: STXPF), which is transitioning to the name EraNova Metals Inc., generates frequent news related to mineral exploration and project advancement in western Canada. Company announcements highlight progress at its flagship Ruby Creek Project in British Columbia, as well as updates on its broader portfolio of precious and base metals properties.
News releases often focus on technical and exploration milestones at Ruby Creek. These include metallurgical test results from the high-grade Silver Surprise Zone, conceptual economic assessment work on the Ruby Creek Molybdenum Deposit, and the identification of new targets such as a potential copper-gold porphyry system in the Ruffner area. The company also reports on sampling campaigns, mini-bulk sample programs, and geological interpretations across its 29,734-hectare land package.
Investors following STXPF can also find corporate and capital markets updates in the news flow. Recent items have included the planned corporate name change to EraNova Metals Inc., the engagement of a market maker to support trading liquidity on the TSX Venture Exchange, and stock option grants under the company’s equity incentive plan. Governance developments, such as changes to the board of directors and results of annual general meetings, are also disclosed through formal news releases.
This news page aggregates these company-issued updates so readers can review exploration results, project assessments, and corporate actions in one place. For those tracking the evolution of the Ruby Creek Project and the company’s shift toward a multi-metal growth strategy, the STXPF news feed provides an organized record of key announcements over time.
EraNova Metals (OTCQB: STXPF) reported an independent Preliminary Economic Assessment for its 100%-owned Adanac Molybdenum Project in British Columbia, outlining a 30,000 tpd open-pit operation with a 24-year mine life and average annual production of about 11.4 million pounds of molybdenum, totaling 270.1 million pounds payable.
The base case, at US$25/lb molybdenum, shows an unlevered after-tax NPV(8%) of C$714.7 million, after-tax IRR of 23.5%, payback of 2.6 years and cumulative after-tax free cash flow of roughly C$2.0 billion, versus C$1,292.2 million NPV and 30.2% IRR at current spot prices. Initial capex is estimated at C$953.3 million plus C$625.1 million sustaining capital, with life-of-mine operating costs of C$15.17/t milled, cash costs of US$17.48/lb and AISC of US$19.79/lb. About 93% of planned mine tonnes are in Measured and Indicated resources, and the project benefits from more than C$100 million in historical infrastructure, established road access and a previously issued Environmental Assessment Certificate as it advances toward a Feasibility Study.
EraNova Metals (OTCQB: STXPF, TSXV: NOVA) reported producing a 50 oz refined silver bar from remaining tailings of a 1,585 lb mini-bulk sample taken from the Silver Surprise zone at its 100%-owned Ruby Creek Property near Atlin, British Columbia.
The bar was poured locally by Ruby Gold at a facility about 20 km from the property, building on earlier metallurgical work that achieved 95% silver recovery via direct smelting and produced an initial 14.3 oz bar. The Silver Surprise zone has returned surface assays up to 16,030 g/t silver, with multiple high-grade samples, and remains open along strike and at depth.
EraNova Metals (OTCQB: STXPF, TSXV: NOVA) has launched its 2026 summer exploration program at the 100%-owned, 29,700-hectare Ruby Creek Property near Atlin, British Columbia.
The program includes geological mapping, prospecting, soil geochemistry, and ground geophysical surveys to refine existing mineralized trends, generate new drill targets, and support the Adanac Molybdenum Project’s progress toward a NI 43-101 compliant PEA.
EraNova Metals (OTCQB: STXPF, TSXV: NOVA) is advancing a large molybdenum resource in British Columbia, supported by previous engineering studies, over $100 million in infrastructure investment, and a 433-million-pound molybdenum resource.
The same property hosts an untested polymetallic corridor with high-grade gold and silver grab sample results, giving investors exposure to both a development-stage critical mineral asset and early-stage exploration potential on one project.
EraNova Metals (OTCQB: STXPF) will present at two June 2026 investor conferences as it advances the Adanac Molybdenum Project toward a NI 43-101 compliant PEA and promotes the Ruby Creek district.
EraNova also announced new investor relations agreements with INN, NorthStar, Milky Way Marketing and Blue Sun Productions.
EraNova Metals (OTCQB: STXPF) will participate in the John Tumazos Very Independent Research 2026 Virtual Conference on Wednesday, April 1, 2026.
Management presenters Meredith Eades, President and CEO, and Janet Miller, Geologist, will speak virtually from 12:15 p.m. to 1:15 p.m. ET; a webcast and 24‑hour playback will be available.
EraNova Metals (OTCQB: STXPF) reports petrographic and whole-rock geochemistry confirming a classic porphyry-style copper-gold system at the Ruffner target, Ruby Creek, BC. Surface samples include up to 8.1% Cu and up to 13.0 g/t Au from prior work; new analyses classify the host intrusion as diorite to granodiorite.
Ruffner lies ~3.6 km from the Adanac molybdenum deposit. Company plans further mapping, geophysics and to advance drill targeting, subject to permitting and financing.
EraNova Metals (OTCQB: STXPF) reported 2025 surface sampling at Ruby Creek with high-grade results, including grab samples up to 257 g/t Au and 3,660 g/t Ag at the Lakeview area. The company defined a ~200 m x 250 m Lakeview vein corridor as a priority drill target and reported visible gold in a 2 m Little Edna vein.
EraNova continues a dual-track strategy advancing the Adanac molybdenum project toward a NI 43-101 PEA while progressing multiple exploration targets across its 29,734-hectare land package.
EraNova Metals (OTCQB: STXPF) reports a re-evaluation of historical assays from the 100%‑owned Adanac Molybdenum Project that identified calculated TREO up to 1,087 ppm and an average TREO of 217.94 ppm across 9,062 samples from 89 drill holes. The company plans a NI 43‑101 PEA and follow‑up mineralogical studies to evaluate REE recoverability as a possible by‑product. EraNova also announced an IR agreement with TB Investor Relations and a 100,000 option grant exercisable at $0.17 until Feb 9, 2031.
EraNova Metals (OTCQB: STXPF) will advance its 100%-owned Adanac Molybdenum Project to a NI 43-101 compliant Preliminary Economic Assessment (PEA) after an internal desktop assessment by Tetra Tech supported progression using conservative, legacy inputs.
The PEA will formally integrate EraNova's updated 2022 mineral resource estimate for the first time, refine development scenarios, quantify capital and operating requirements, and is expected to be completed in approximately three months, subject to standard technical review and reporting timelines.