Agoracom Blog

Stelmine Canada Has Discovered A New Gold District In North-Eastern Quebec Thanks To An All Star Management Team

Posted by Brittany McNabb at 5:55 PM on Monday, December 18th, 2023

Stelmine Canada (STH: TSXV) (STHFF: OTCQB) is developing a new gold district (in northeastern Quebec); an under-explored part of the otherwise prolific James Bay region of Quebec, Canada. This region of the planet is expected to substantially increase its production of gold mineral resources.


Led by Isabelle Proulx (CEO), Stelmine’s management team has a proven track record in the Quebec resources sector and has created an attractive gold exploration target through a high-profile geological team including Dr. Normand Goulet, considered one of Canada’s greatest structural geologists.


Isabelle’s father, Andre Proulx – Director of Stelmine since November 30, 2016 is a businessman known for developing Quebec’s resources. Since 1991, he has founded and listed two mining companies (Ressources Appalaches, Exploration Puma) and one oil company (Pétrolia). In recent years, André Proulx has been a director of six public companies including Sirios and Khalkos.


With gold recently trading strongly over $2,000 / oz ($2,030) many investors believe that 2024 will mark the start of a bull market in the price of gold.  And more than just talk,  following the US Fed announcement last week, gold prices shot higher as the $USD came under strong downward pressure thanks to the Fed projecting 3 rate cuts next year.  A weaker $USD makes gold more affordable and with rates projected to be weaker for the next 2 years at least, the gold rush is on.


Courcy Property – The New Discovery Of Gold In Northeastern Quebec!

  • One of the largest iron mines in the world is operated ~ 100 km east of Courcy
  • 3 / 12 drill holes included intersections showing visible gold
  • Geological features similar to Newmont’s Eleonore mine (Gold production since 2015) 215k OZs of annual production (2022)

Mercator Property The Latest Gold Discovery In Northeastern Quebec!

  • From a small gold sample to a vast gold corridor
  • 1,095 claims (561km²)
  • Sulfide-rich rocks discovered on surface in a 500 m x 3.6 km wide mineralized corridor
  • Potential for discovery of both bulk tonnage and high-grade mineralization


“Our discoveries redefine gold potential in Quebec. Stelmine is not just exploring; we are architects of a promising gold frontier.”


As the gold rush gains momentum, Stelmine Canada emerges as a strategic player, navigating untapped gold territories. With a robust leadership team, proven track record, and promising projects, investors are beckoned to join the journey into a new era of gold exploration.

Stelmine’s strategic positioning aligns seamlessly with the thriving gold market. Investors anticipating substantial growth and insights into untapped gold reserves should delve into Stelmine’s exploration initiatives.

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