Stars Project

  Stars Project

M3 Metals holds a 2% NSR on the 50% interest that was Sold to Aurwest Resources (TSX.V:AWR) (see news release dated December 13, 2021).

The Stars porphyry copper-gold-silver-molybdenum porphyry system was recently discovered in 2018 and is situated 58 km north of Imperials Metals Corp.’s Huckleberry Copper mine and 40 Km southwest of the Resource town of Houston, BC.

The Stars project is located close to well developed infrastructure including power and major transport routes with year round road access onto site. The Stars porphyry was discovered through glacial till cover in a flat lying area, where a large portion of the property remains hidden under cover and has yet to be tested.

  Geology

"Intersected new mineralized porphyry"

M3 Metals Corp. reported that drilling at two new targets on their Stars project intersected mineralized porphyry. Results included 204 m grading 0.45% Cu, 0.045 g/t Au, 1.64 g/t Ag, 0.0048% Mo.

The Stars Property is primarily underlain by undivided Lower Jurassic, Telkwa Formation volcanic flows and pyroclastics which form the basal part of the Hazelton group. The eastern one-third of the property is underlain by Lower Cretaceous, Skeena Group sandstones, siltstones, shales and local coal measures.

A major northerly-trending, normal fault separates the Skeena group from the older Hazelton group volcanics implying the Stars porphyry was em-placed along this major regional structure.

  Magnetics

"THIS CONFIRMS THERE IS A LARGE SYSTEM HERE"

The high-magnetic ring is interpreted to be related magnetically enriched contact zone with a main parent intrusive. Areas where the enriched magnetic ring has been reduced (secondary magnetic destruction) appear to be related to secondary hydro-thermal alteration accompanied by copper mineralization.

A structurally controlled corridor has been identified by the reduced magnetic intensity bisecting the high-magnetic ring. Within this corridor mineralized feldspar porphyry dykes have been identified and are believed to be the main control of copper mineralization and provides road map for future exploration at the Stars.

  Drilling

"NEW PORPHYRY DISCOVERED DRILLING THROUGH COVER"

Drilling to date has been successful in continuously expanding the known mineralization along strike and at depth, with many additional targets across the property that remain to be tested.

Mineralized feldspar porphyry intrusion was intersected for the first time in Hole 10 (DD18-SS010) which intersected over 400 metres of copper mineralization extending the entire length of the hole, ending in mineralization at a final depth of 490m.