Strategic Metals Ltd. is pleased to announce that drilling is about to commence at its wholly owned Mint porphyry copper-gold project, located in southwestern Yukon Territory. The two-hole, 1,000 metre program is designed to test the copper-rich Upper Canyon Zone identified in 2021. Mint Project The Mint project is a 50 sq km property located 26 km south of the Alaska Highway. It is one of the youngest porphyry systems in [...]
Strategic Metals Ltd. is pleased to announce the appointment of Mr. Quinn Martin, CPA, CA as Strategic's new Chief Financial Officer. Mr. Martin replaces Larry Donaldson, who held the position since February 2008. Mr. Donaldson will continue with Strategic as a consultant. "On behalf of the Board of Directors, I would like to sincerely thank Larry for his hard work over the past 15 years and we are excited to welcome [...]
Strategic Metals Ltd. is pleased to provide an update on exploration at its road accessible Mt. Hinton gold-silver project, located in central Yukon. Mt. Hinton lies within the Keno Hill District of the Tombstone Gold Belt, immediately southeast of Hecla Mining Company's Keno Hill Silver Mining Project, 35 km southeast of Victoria Gold's Eagle Mine, and 25 km east-southeast of Banyan Gold's AurMac Deposit . The Mt. Hinton [...]
Strategic Metals Ltd. is pleased to announce that it has entered into a property option agreement with Benjamin Hill Mining Corp. under which Benjamin can acquire a 60% interest in the Alotta project, located in the Whitehorse Mining District, Yukon Territory. The Alotta project hosts an un-drilled porphyry prospect that is situated in a similar geological setting and in close proximity to Western Copper and Gold's Casino [...]
Strategic Metals Ltd. is pleased to announce the sale of eleven critical metals properties to 1137708 B.C. Ltd. . Ten of the properties are in Yukon Territory and one is in the Northwest Territories. Under the terms of the January 9, 2023 property purchase agreement, 133 BC will acquire a 100% interest in all eleven properties by issuing common shares to Strategic equal to 19.9% of the issued and outstanding common shares [...]
Strategic Metals Ltd. is pleased to announce results from its wholly owned Batt property, which covers volcanogenic massive sulphide and overprinting epigenetic vein and fracture hosted, copper, cobalt, gold ± silver ± zinc mineralization. Highlights include: 0.71% Cu, 0.21% Co and 1.18 g/t Au over 5.7 m from a hand trench through oxidized and deformed volcanic and intrusive rocks; 2.18% Co and 2.37 g/t Au over 0.5 m from [...]
Strategic Metals Ltd. announces that it is making a new Normal Course Issuer Bid pursuant to the provisions of TSX Venture Exchange Policy 5.6, to succeed its existing Normal Course Issuer Bid , as accepted by the TSX Venture Exchange on December 1, 2021. Strategic has purchased shares under the Old Bid, which will expire on December 2, 2022. The New Bid will consist of the acquisition by Strategic of up to 8,400,000 [...]
Strategic Metals Ltd. is pleased to announce that it has staked claims to significantly expanded its Lance property in central Yukon. The new claims nearly double the size of the property to 105.8 square kilometres. The Lance property lies approximately mid-way between Snowline Gold Corp.'s exciting drill discovery at the Rogue Project and the prolific Keno Hill District, which contains silver mines that were recently [...]
Teslin Tlingit Council and Strategic Metals Ltd. are pleased to announce the signing of the Access and Exploration Agreement. The Agreement aims at improving communication between Strategic and TTC as well as developing a respectful relationship based on cooperation and responsible exploration activities on TTC's Traditional Territory in the Yukon. This Agreement also provides a framework for consultation for all [...]
Strategic Metals Ltd. is pleased to announce details concerning exploration programs it will conduct during summer 2022 at three of its wholly owned porphyry copper projects in southwestern Yukon Territory. The programs will involve geophysical surveys designed to better understand the three-dimensional geometry of the porphyry systems. Induced polarization surveys will be done at the Mint and Alotta projects, and [...]
Strategic Metals Ltd. announces that it has closed the non-brokered structured private placement offering announced on April 28, 2022. The Offering consisted of the sale of the following securities: 2,600,000 flow-through shares at a price of $0.60 per share, for gross proceeds of $1,560,000, , that qualify for the 30% Critical Mineral Exploration Tax Credit as provided for in the Canadian federal budget of April 7, 2022 [...]
Strategic Metals Ltd. has granted Juneau Mining Ltd. , a Private Ontario Company, the option to acquire a 100% interest in its Kluane Project. The Kluane project is located 45 km north-northwest of Haines Junction, Yukon, 29 km west of the Aishihik hydro-electric dam and 10 km from the closest road. It lies within the Traditional Territory of the Champagne and Aishihik First Nation, which have signed a land claim [...]