VANCOUVER, BRITISH COLUMBIA – December 7, 2022 – Stearman Resources Inc. (the “Company”) is pleased to announce that it has now filed its Preliminary Non-Offering Prospectus on SEDAR (www.sedar.com ) with the securities commissions in British Columbia, Alberta and Ontario, and a receipt has been issued. The filing is a material step in the process for the Company plans to become a reporting issuer and have its shares listed for trading on the Canadian Securities Exchange (CSE).
The prospectus filing included the Technical Report on the Miniac Property in the northern Abitibi region of Quebec, prepared by Benoit M. Violette, P.Geo and Raymond E. Wladichuk, P.Geo. The Miniac Property consists of 78 claims over 4,110 hectares located 35 kms north of Amos, Quebec, prospective for gold, zinc, copper and silver. Stearman holds an option for 75% of the property from its owner, J2 Metals Inc. In late 2020, J2 completed a 2,600 metre drilling program on the property for more than $800,000 and Stearman plans further exploration next year with surveying, sampling, and other work.
The Company is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in Canada and the USA.
On Behalf of the Company
Howard Milne, Chief Executive Officer
For further information, please contact Howard Milne, CEO at 604-377-8994 email hdmcap@shaw.ca
Forward Looking Statements: This press release may contain “forward‐looking information or statements” within the meaning of Canadian securities laws, which may include, but are not limited to statements relating to its future business plans. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ from those in the forward-looking statements. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.