- Business
- Starr Peak Mining Ltd. is a Canadian-based exploration-stage junior mining company focused on the identification, acquisition, and exploration of mineral properties prospective for precious and base metals, including gold, copper, zinc, silver, and associated minerals. The company holds a 100% interest in the flagship NewMétal property in the Abitibi Greenstone Belt of Quebec, contiguous to Amex Exploration's Perron project and encompassing the past-producing Normétal mine along with adjacent high-grade extensions; the Rousseau Gold property; the Turgeon Lake Gold property east of Rousseau; and the recently acquired Copper Clive property near NewMétal. It conducts systematic exploration activities such as diamond drilling, geophysical surveys including VTEM and drone magnetics, soil sampling, and borehole electromagnetic surveys to delineate volcanogenic massive sulphide (VMS) deposits and gold showings, targeting institutional and retail investors in the junior mining sector. Founded in 1981 and headquartered at 1055 West Hastings Street in Vancouver, British Columbia, the company trades on the TSX Venture Exchange under the symbol STE and on OTCQX as STRPF. Recent developments include the May 2025 acquisition of the Copper Clive copper property to expand its land position near NewMétal; closure of a $1.4 million non-brokered private placement from a single strategic investor in March 2025 to fund Quebec exploration; appointment of John Fahmy to the board in July 2024; announcement of 2025 exploration programs on NewMétal and Copper Clive in July 2025; and a September 2025 VTEM survey highlighting new high-potential base metals areas at NewMétal, alongside ongoing drill target identification and program expansions.