13:21:55 EDT Tue 30 Apr 2024
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Stamper Oil & Gas Corp (2)
Symbol STMP
Shares Issued 14,158,934
Close 2024-01-08 C$ 0.14
Market Cap C$ 1,982,251
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Stamper CEO provides 2024 welcome message to holders

2024-01-09 11:55 ET - Shareholders Letter

Mr. Bryson Goodwin reports

CORPORATE UPDATE

Stamper Oil & Gas Corp. has provided a 2024 welcome message and corporate update from its president and chief executive officer, Bryson Goodwin.

Comments from president and CEO Mr. Goodwin

Dear valued shareholders,

I am elated to share the remarkable journey our company has embarked upon, and the promising prospects that lie ahead for an extraordinary 2024. Your unwavering support has played a pivotal role in our success.

Copper triumph: a strategic masterstroke

In a testament to our commitment to thorough research and strategic decision-making, our recent venture into copper has proven to be impeccably timed. As the global discussion on imminent copper deficits intensifies, we find ourselves in a secure jurisdiction with high-grade exploration prospects, ensuring not only shareholder enrichment but also a well-financed and well-explored asset in the years to come.

In my opinion, the past year has been nothing short of a resounding success. Armed with solid financial backing, we proudly completed an exploration drill program at our 100-per-cent-owned Redonda copper-molybdenum complex. In the background our dedicated management, board and exploration consultants are ceaselessly exploring additional mineral prospects, always with the goal of expanding shareholder value.

While your excitement is palpable, I field many calls and urge patience as we all await the assay results from our fall exploration campaign. Preliminary findings are expected in early to mid-January, with comprehensive results to follow shortly after. Our exploration team is buoyant with confidence, having visually confirmed mineralization that aligns with historical core reports. Please refer to the Dec. 14, 2023, news release for more historical core details. I should stress that visual confirmation of mineralization is certainly not equal to actual assays.

Your vote matters

I invite and encourage all shareholders to actively participate in shaping our future. The annual general meeting on Jan. 18 is a crucial juncture, where your vote can make a significant impact. We are exploring avenues to enhance shareholder liquidity, with a forward stock split emerging as a leading contender. Your support for this proposed liquidity tool is paramount, and I urge you to cast your vote prior to cut-off.

As we stride confidently into 2024, the entire team at Stamper is poised for greatness. The successes of the past, the vibrancy of the present and the promise of the future are all reflections of our collective dedication and passion. I am very excited as I personally feel our timing, results and assets have us perfectly positioned for the coming copper demand surge.

Thank you for being an integral part of our journey. Here's to a year filled with success, growth and prosperity.

Warm regards,

Mr. Goodwin, CEO

About Redonda

The project comprises nine claims totalling 2,746.46 hectares and is located 40 kilometres northeast of Campbell River, British Columbia. Redonda is easily accessed with year-round regularly scheduled barge service out of Campbell River via Marinelink. Access from Redonda Bay is by five km of recent upgraded logging road. Logging is continuing and assures a well-maintained complex of forest service roads across the claims. Work proceeded in 2021 under a letter of support from the Klahoose First Nation within their traditional territory and free use permit, drill permit and IP exemption from the Ministry of Energy, Mines and Low Carbon Innovation (EMLI).

The regional setting of the Redonda property is part of the Coast suture zone between the Wrangellia terrane and the Coast plutonic complex. In the claims area, Early Cretaceous dioric intrusive rocks of the Coast plutonic complex have been intruded by at least three later intrusive units, including a quartz plug, a 60-to-90-metre-wide hornblende dike which is locally brecciated over its 650-metre exposed length and several smaller feldspar dikes which cut dioric rocks near the southwest margin of the hornblende dike. Higher concentrations of copper-molybdenum mineralization are closely associated with the hornblende dike, particularly in areas where it has been brecciated. The geological setting of the mineralization on the Redonda mineral claims share a number of features similar to those observed at the OK Over copper-molybdenum porphyry deposit located 34 km to the southeast, north of Powell River and the Gambier copper deposit in Howe Sound.

About Stamper Oil & Gas Corp.

Stamper Oil & Gas is an energy-commodity-focused resource company, seeking to acquire interests in mineral and/or oil and gas resource properties focused on energy creation, storage or delivery. The company is committed to creating sustainable shareholder value by evaluating and developing future prospects into commercially viable assets.

We seek Safe Harbor.

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