Sterling Metals


Primary ticker: TSXV:SAG
Stage of development: Exploration
Primary minerals: Silver, Copper, Lead, Zinc, Antimony
Project to promote: Sail Pond Project, Adeline Project
Project location: Canada

Sterling Metals (TSXV: SAG and OTCQB: SAGGF) is a mineral exploration company focused on Canadian exploration opportunities. The Company is currently advancing its 100% owned Sail Pond Project located in the Great Northern Peninsula of Newfoundland and recently acquired the Adeline Project in Labrador. The 13,500 ha Sail Pond Project project is a brand-new discovery, first discovered in 2016 with no drilling prior to 2021, and consists of high grade, silver, copper, lead and zinc associated with quartz-carbonate veining, brecciated dolostone, and 100% sulfosalt veining. The 29,700 ha Adeline Project is a mid-stage exploration project covering an entire sediment-hosted copper belt, with demonstrated potential for important new copper discoveries with significant silver credits. Both projects are easily accessible by road with nearby services and 30-min flight from one another.

Cash: ~CAD$3.5M
Debt: NIL

Major shareholders:
Altius Minerals – 10%
Other Institutions & Advisors – 16%
Eric Sprott – 4%
Management & Directors – 4%
Retail & Other – 66%

Management Profile

Mathew Wilson – CEO
Mr. Wilson has spent the last eleven years as an active venture investor and executive. Over the last four years, Mathew led the team at Sterling Metals through a 10,000m exploration program and mine restart in Paraguay, an asset sale, and a rebrand and refocus from a South American gold production and exploration company to the Canadian focused silver and base metal company it is today. Prior to his work as an executive, Mathew was a Principal at Pinetree Capital, a diversified investment fund focused primarily on the small cap mining sector.

What recent news would you like to highlight to investors attending?

Sterling Metals Expands its Critical Metal Portfolio within Newfoundland and Labrador on March 6, 2023

What do you think makes your company such a compelling investment?

High grade silver and copper with size potential
Experienced team reducing technical and financial risk
Safe jurisdiction and existing infrastructure

What are the top 3 key investor takeaways?

2 district scale projects with high grade mineralization and strong upside potential
Focused on Silver and Copper which are essential for producing electric vehicles that are essential for energy transition
Experienced team with a proven track record of discoveries, operations and capital markets