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home / news releases / STUPF - StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Strengthens its Commitment to the Red Lake Mining District Following Approval of its Exploration Permit for RLX


STUPF - StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Strengthens its Commitment to the Red Lake Mining District Following Approval of its Exploration Permit for RLX

  • StraightUp received its early exploration permit that allows it to begin exploration activities on the eastern block of its RLX North property
  • The company will be taking a systematic approach to developing and testing gold targets as it plans to execute its 2022 work programs which will include drilling prospective targets in the summer
  • This approval strengthens StraightUp’s commitment to the Red Lake Mining District, having expressed the intention to acquire 100% undivided interest in the RLX property back in September 2021
  • StraightUp also announced the appointment of Jacqueline Collins as the company’s new Corporate Secretary

StraightUp Resources (CSE: ST) (OTCQB: STUPF) has, since its inception, remained committed to pushing the envelope with mineral exploration and the acquisition of mineral property assets in North and South America. Its flagship property, a 10,000-hectare tract of land located in the Red Lake District, has shown great promise in gold mining. Following extensive studies, surveys, and tests on the property, the company is expected to proceed within its 2022 work programs, including drilling the most prospective targets in the summer.

In September 2021, StraightUp completed a high-resolution heli-borne magnetic survey (“MAG”) on their optioned RLX property (https://ibn.fm/FqVjl). Fast forward to 2022, and the company has received...

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NOTE TO INVESTORS: The latest news and updates relating to STUPF are available in the company’s newsroom at http://ibn.fm/STUPF

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Stock Information

Company Name: Straightup Resources Inc
Stock Symbol: STUPF
Market: OTC

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