Mr. Bryson Goodwin reports
NI 43-101 TECHNICAL REPORT AVAILABLE FOR REVIEW
Stamper Oil & Gas Corp. has released its National Instrument 43-101 technical report on the
Redonda copper property. The full report can be accessed under the company's profile on SEDAR+.
Comments from president and chief executive officer Bryson Goodwin:
"I am delighted to share the NI 43-101 technical report with our committed investor base!
Please feel free to review the entire report on SEDAR+.
The Redonda copper project has continued to deliver high-grade returns, assays from 2023 exploration season
demonstrated significant project-affirming intercept lengths.
"These high-grade intercepts not only enhance our comprehension of the underlying geology but also provide clear
evidence, bolstering our commitment to further exploration endeavours.
"Of note are the rhenium returns.
"Rhenium is one of the rarest elements in Earth's continental crust; its estimated average crustal abundance is less than one
part per billion. Rhenium is a metal that has an extremely high melting point and a heat-stable crystalline structure. More
than 80 per cent of the rhenium consumed in the world is used in high-temperature superalloys, especially those used to
make turbine blades for jet aircraft engines.
"I have included the following information to help shareholders view our results in a broader perspective.
"For a mine currently in production:
- Typical cut-off 0.10 per cent acid soluable copper:
- This is the number below which you do not consider copper to be recoverable.
- Profitable production copper grade -- 0.17 per cent (as reported in 2022 with a price per pound low of $3.22);
- Profitable production molybdenum -- 0.008
per cent.
"Copper is forecast to exceed $4 with many acknowledged experts predicting $5 by 2025. This gives a
frame of production understanding so shareholders can fully digest the listed results.
(A forecast is considered a forward-looking statement involving various risks and uncertainties. there can be no assurance
that this will prove to be accurate, and actual results and future events could differ materially from those anticipated in this
statement)."
About Redonda
The project comprises nine claims totalling 2,746.46 hectares and is located 40 kilometres northeast of Campbell River, B.C. Redonda is easily
accessed with year-round regularly scheduled barge service out of Campbell River via Marinelink. Access from Redonda
Bay is by five km of recently upgraded logging road. Logging is continuing and assures a well-maintained complex of forest
service roads across the claims. Work proceeded in 2021 under a letter of support from the Klahoose First Nation within
its traditional territory, and free use permit, drill permit and IP exemption from the Ministry of Energy, Mines and Low
Carbon Innovation (EMLI).
The regional setting of the Redonda property is part of the Coast suture zone between the Wrangellia terrane and the
Coast plutonic complex. In the claims area, Early Cretaceous dioritic intrusive rocks of the Coast plutonic complex have
been intruded by at least three later intrusive units, including a quartz plug, previously interpreted wide hornblende dike
which is locally brecciated over its 600-metre exposed length and several smaller feldspar dikes which cut dioritic rocks
near the southwest margin of the previously interpreted hornblende-rich body. Higher concentrations of copper-molybdenum mineralization are closely associated with the hornblende dike, particularly in areas where it has been
brecciated. The geological setting of the mineralization on the Redonda mineral claims share a number of features similar
to those observed at the OKover copper-molybdenum porphyry deposit located 34 km to the southeast, north of Powell
River and the Gambier copper deposit in Howe Sound.
About Stamper Oil & Gas Corp.
Stamper Oil & Gas is an energy-commodity-focused resource company, seeking to acquire interests
in mineral and/or oil and gas resource properties focused on energy creation, storage or delivery. The company is committed
to creating sustainable shareholder value by evaluating and developing future prospects into commercially viable assets.
We seek Safe Harbor.
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