NetworkNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Targeting Cash Flow Generation, Leveraging Advanced Technology to Guide Explorational Focus
Company: StraightUp Resources Inc. (STUPF)
Category: Stock Spotlights
March 1, 2022
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 in growing the StraightUp brand and asset portfolio, the company is now seeking to take a giant leap forward with cash flow generation. This comes in light of the ongoing trend with the price of precious metals, which has been rising over the past few years,” reads a recent article. “In addition to generating cash flow for the company, StraightUp also plans to capitalize on the opportunities at the Red Lake Mining District. It also seeks to conduct more exploration at its Ferdinand project while also leveraging advanced technology to identify specific areas to focus additional exploration efforts.”
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About StraightUp Resources Inc.
StraightUp is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada and the U.S. Its objective is to locate and develop economic, precious and base metal properties of merit. StraightUp intends to conduct exploration on the RLX North, RLX South, Belanger and the Ferdinand Gold Project, all located in the Red Lake Mining Division, as well as the recently acquired Bear Head Gold Project, located within the Meen-Dempster Greenstone Belt of the Uchi Subprovince, approximately 80 kilometers west of the Pickle Lake Gold Camp. The company’s recently acquired West Cat Mine includes an unpatented mining claim on federal land, located in the historic Beatty Mountain Nevada Mining District/Nye County, Nevada, about 15 kilometers east of U.S. Route 95, approximately 20 kilometers from Beatty, Nevada, at the base of the Bare Mountain Range. For more information, visit www.StraightUpResources.com.
NOTE TO INVESTORS: The latest news and updates relating to STUPF are available in the company’s newsroom at https://nnw.fm/STUPF
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