StraightUp Resources Inc. STUPF Archives

FridayApr 01, 2022 3:15 pm

QualityStocksNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Positioned to Expand Portfolio, Capitalize on Growing Demand for Gold

StraightUp Resources (CSE: ST) (OTCQB: STUPF) recently entered into a purchase option agreement that gives it exclusive right and option to acquire from Perry English and Gravel Ridge Resources Ltd. (“Optionors”), a 100% dividend interest in the Ranger/Otter mining project located in Red Lake, Ontario. “This agreement opens an opportunity for StraightUp to grow its property portfolio while also capitalizing on the surging gold market prices, which have surpassed $2,000 an ounce, fueled by growing gold demand from the war in Ukraine,” reads a recent article. StraightUp seeks to capitalize on this growing demand, hence its optimism for the new…

FridayMar 25, 2022 3:12 pm

QualityStocksNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Focused on Executing 2022 Plans, Including New Acquisitions, Expanded Market Reach

StraightUp Resources (CSE: ST) (OTCQB: STUPF) recognizes the issues posed by the Ukraine crisis, which, though focused on Eastern Europe, is affecting various sectors globally. “Despite its properties being located in North America, the developments in Russia and Ukraine, coupled with the former’s sanctions, are affecting its operations and its shareholders’ willingness to take more investment risks,” a recent article reads. “Following the conflict, the price of gold and other precious metals has surged. Palladium, for instance, has seen a 5.1% increase in value for the third consecutive month, while gold has risen by 6.5%, reaching an 18-month high of…

FridayMar 25, 2022 9:15 am

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Anticipates Growth in Value Given the Continued Rise in Inflation

The inflation rate in the United States for the 12 months ending February 2022 was 7.9%, the highest it has been since January 1982 In addition to the rise in inflation, the price of gold has risen to levels not previously seen StraightUp Resources Inc. looks to capitalize on this growing price and looks to benefit from it given its investments in properties with a rich history of gold production Although today there are a number of investments being touted as the best hedges against inflation, the current high rate of inflation, and its long-term prospects for continuing, together with…

TuesdayMar 22, 2022 9:00 am

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Prepares Summer Gold Exploration Program in Ontario, Amid European War Era Instability

StraightUp Resources is a mining acquisition and exploration company with flagship properties in Ontario, Canada, and an expanding international footprint Following on the acquisition of aerial digital magnetic survey data last year for its flagship properties, the company is preparing a summer work program that will include analysis of its data, identification of key geological targets, and geophysical sampling including a drill program The war Russia launched in Ukraine last month has driven some new interest in gold amid concerns about the war’s potential far-reaching impact as well and the immediate impact on Russia’s and the world economy as a…

FridayMar 18, 2022 12:42 pm

QualityStocksNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Confirms Potential of Optioned Gold Properties

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a precious metals explorer, has spent the past year examining the potential for gold exploration on flagship properties it has optioned in Canada’s well-known greenstone belts in Ontario, anticipating persistent demand for the metal worldwide. “Ground magnetic surveys and helicopter-borne high-resolution aerial magnetic surveys have helped confirm the potential of StraightUp’s five gold properties in the Red Lake Mining region, such as ‘multiple areas of high merit and potential mineralization’ reported in November at the Ferdinand Gold Project, which consists of 17 contiguous mining claims covering 7,143 hectares (17,651 acres),” a recent article reads.…

MondayMar 14, 2022 9:30 am

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Builds Position in Ontario’s Red Lake Mining District Following Acquisition of Option to Purchase the Ranger/Otter Project

StraightUp announced having entered into a Purchase Option Agreement for a 100% dividend interest in the Ranger/Otter mining project This adds to the company’s growing property portfolio, which currently comprises the RLX North and RLX South Properties in Red Lake, Ontario StraightUp also recently received an early exploration permit for gold exploration in its RLX North property The Ranger/Otter Project addition, coupled with the early exploration permit, positions StraightUp to capitalize on the growing demand for gold, which has already surpassed $2,000 per ounce In 2020, StraightUp Resources (CSE: ST) (OTCQB: STUPF), optioned mining claims that consisted of RLX North,…

MondayMar 07, 2022 11:44 am

QualityStocksNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Signs Purchase Option Agreement for Ranger/Otter Project

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a public company engaged in the business of mineral exploration and the acquisition of mineral property assets in North America, has entered into a purchase option agreement with 1544230 Ontario Inc. The agreement, entered into on behalf of Perry English and Gravel Ridge Resources Ltd., gives StraightUp Resources the exclusive right and option to acquire an undivided interest in the Ranger/Otter mining project, which is located in Red Lake, Ontario. According to the announcement, the agreement is subject to a 1.5% net smelter returns royalty. The agreement also notes that StraightUp Resources has the…

ThursdayMar 03, 2022 9:30 am

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Keeping a Close Eye on the Evolving Geopolitical Situation, and its Impact on Risk-Taking

The price of gold has increased by 6.5% to reach an 18-month high of $1,973.96 Palladium has also increased by 5.1% in value for the third consecutive month Gold is proving to be the main safe-haven asset with the growing tensions StraightUp acknowledges a change in shareholders’ willingness to take more risks but looks to capitalize on opportunities that present themselves, specifically with the increase in the price of gold Back in 2020, organizations worldwide had to deal with the pandemic and the geopolitical risk it presented. At that time, the situation affected investment and, more importantly, investors’ risk-taking appetite,…

TuesdayMar 01, 2022 3:09 pm

QualityStocksNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Targeting Cash Flow Generation, Leveraging Advanced Technology to Guide Explorational Focus

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a company that has, since inception, remained committed to mineral exploration as well as the acquisition of mineral property assets both in North and South America, now seeks to tap into expected growth trends while generating cash flow. StraightUp has been on an aggressive campaign to secure properties in the region, having most recently acquired the West Cat Mine in the historic Beatty Mountain Mining District in Nye County, Nevada. The company has also secured rights of exclusivity with Premier Silver Corp, signaling a possible entry into Peru. “While these acquisitions have been integral…

ThursdayFeb 24, 2022 9:15 am

With Bulls on the Side of Gold Trends, StraightUp Resources Inc.’s (CSE: ST) (OTCQB: STUPF) Charges Ahead with Greenstone Belt Drill Plans

Metals exploration and acquisition company StraightUp Resources has spent recent months optioning potential drill sites in the gold-producing region of Ontario’s famed Red Lake Mining District StraightUp conducted ground and airborne magnetic surveys last year to help guide its strategy for potential exploration, with results showing some “high merit” areas of potential mineralization The company has obtained the necessary permit for a summer drilling program on one of its five sites in Ontario’s well-known greenstone belt region in and around the Red Lake District Gold prices declined during the pandemic as many people held off on buying jewelry and turned…

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