S Sterling Metals Corp. announced the completion of the Deep Orion 3D geophysical survey and report the balance of results from its 2022 drilling on the Sail Pond Silver and Base Metal Project in the Great Northern Peninsula of Newfoundland. Drilling results are from the regional exploration program focused on the North and Central Zones.

Highlights: Orion Survey: Four new exploration targets discovered. F favorable geology mapped to depth of 2 kilometres. Strong anomaly beneath newly discovered Heimdall North Zone and SP-22-064.

Surveyed 1.5 km of the 14 km trend as a test before large-scale application. Permits for summer drilling submitted. Plans to test identified anomalies in coming months.

Airborne survey planned to scan entire property based on drill results. 2022 Regional Exploration Results: Intercepted wide zones of brecciated dolostones showing variably developed polymetallic mineralization along 4 km of strike. Discovery of a new mineralized system at depth, the Central Ridge Zone, which has the potential to be another pearl along the 12 km trend, marking the fourth area of mineralization discovered on the property in two years.

Sail Pond North revealed new pockets of mineralization, including the highest grade to date in the area at 18.55 m downhole in SP-22-066 at 496 g/t AgEq over 0.25 m (259 g/t Ag, 1.44% Cu, 0.27% Pb, 0.26% Zn, 0.39% Sb). Intervals intersected at Sail Pond North appear to be the upper portions of a larger mineralized system, exhibiting similar host geology and mineralization to the top of the Heimdall Zone. Better understanding of the orientation of the structures will provide better targeting in future drill programs. The Deep Orion 3D Swath DCIP and MT Survey employed 3D ground geophysical techniques on a priority area which includes the Heimdall and Heimdall North Zones.

The survey was designed with 200 m spaced lines and readings between lines to generate a 3D interpretation of key structural controls on mineralization and to identify potential high-grade feeder zones as exploration targets. The survey utilized 3 km long lines for deep viewing measuring IP (chargeability) to locate potential sulphide mineralization bodies to 500 m depth, and MT (resistivity) to map favorable host geology to 2 km depth. The deep-looking Orion survey uncovered several new IP anomalies and successfully mapped the favorable anticline geology of the host dolostone unit to 2 km depth.

Cross-cutting north-east trending structures, potentially mineral-bearing, were also identified. In total 1.5 km of the 14 km trend at Sail Pond was surveyed as a test before covering larger sections of the property. The results of this survey have isolated four new exploration targets, including a strong IP anomaly coincident with a resistivity high discovered beneath the new Heimdall North Zone and SP-22-064.

Permits for summer drilling have been submitted, and plans are underway to test these anomalies in the coming months. Additionally, an airborne geophysics survey is planned to scan the entire property based on drill results.