Sterling Metals Corp. (TSXV:SAG) – Sailing Towards Potential Discovery

We are initiating coverage on Sterling Metals Corp. (TSXV:SAG) with a BUY (Speculative) rating and no target price. Sterling Metals is a newly rebranded junior explorer that recently entered an option agreement to acquire 100% of its flagship Sail Pond Ag-Cu-Pb-Zn project located on Newfoundland’s Great Northern Peninsula. Surface mineralization was only discovered in 2016 and it has never been drilled before. Our view is that Sterling Metals has a strong chance to make a brand-new discovery at its highly prospective Sail Pond project with a planned maiden ~7,500m drill program set to commence early this summer.