StraightUp Resources (CSE: ST) (OTCQB: STUPF) expects to proceed in its 2022 work programs for its flagship property, a 10,000-hectare tract of land located in the Red Lake District that has shown great promise in gold mining. The work programs include drilling the most prospective targets in the summer. This follows receipt of its early exploration permit (“PR-21-000261”) for the eastern block of its RLX North Property from the Ministry of Northern Development and Mine, Natural Resources and Forestry (“NDMNF”). A recent article reads: “The permit allows StraightUp to proceed with mechanized drilling along with ground geophysical surveys that require a generator for a period of three years… When speaking on the permit approval, Mark Brezer, the president of StraightUp, noted: ‘We are now in an excellent position to move forward and plan a drill program on both of these RLX properties for this year.’ StraightUp will be relying on detailed data compilation that, so far, includes interpretation of the MAG survey conducted back in 2021, coupled with clear regional structural interpretation to pinpoint the highest priority targets for orogenic gold occurrences. In addition, the company is taking on a systematic approach to developing and testing gold targets.”
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About StraightUp Resources Inc.
StraightUp is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada and the U.S. Its objective is to locate and develop economic, precious and base metal properties of merit. StraightUp intends to conduct exploration on the RLX North, RLX South, Belanger and the Ferdinand Gold Project, all located in the Red Lake Mining Division, as well as the recently acquired Bear Head Gold Project, located within the Meen-Dempster Greenstone Belt of the Uchi Subprovince, approximately 80 kilometers west of the Pickle Lake Gold Camp. The company’s recently acquired West Cat Mine includes an unpatented mining claim on federal land, located in the historic Beatty Mountain Nevada Mining District/Nye County, Nevada, about 15 kilometers east of U.S. Route 95, approximately 20 kilometers from Beatty, Nevada, at the base of the Bare Mountain Range. For more information, visit www.StraightUpResources.com.
NOTE TO INVESTORS: The latest news and updates relating to STUPF are available in the company’s newsroom at https://ibn.fm/STUPF
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