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An announcement from Stearman Resources, Inc. ( (TSE:STMN) ) is now available.
Stearman Resources Inc. has signed an option agreement to acquire a 100% interest in the Brassie Creek Property in British Columbia, a region known for its prolific copper production. The property consists of nine mineral claims and is located near major mining operations, including Teck Resources’ Highland Valley Copper Mine. The agreement involves cash payments, exploration expenditures, and share issuance over a four-year period. The company plans to consider an exploration program for 2025, which could potentially enhance its positioning in the mineral exploration industry.
More about Stearman Resources, Inc.
Stearman Resources Inc. is a mineral exploration company focused on acquiring, exploring, and developing mineral properties in Canada and the USA. The company currently holds options on the Miniac Property in Quebec, which is prospective for gold, zinc, copper, and silver, and now the Brassie Creek Property in British Columbia.
YTD Price Performance: -20.0%
Average Trading Volume: 39,913
Technical Sentiment Consensus Rating: Buy
See more data about STMN stock on TipRanks’ Stock Analysis page.
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