Strategic Metals Ltd.
SMD.V · Mining
<p>Strategic Metals Ltd. is a project generator at a very-large scale and currently has interests in more than 130 properties assembled by an accomplished exploration team utilizing a proprietary database. Through project farm-outs, investments, and royalty sales, the Company has grown its cash and shareholdings to more than $40 million.</p> <p>Strategic's large portfolio of marketable securities provides upside exposure to several large exploration projects. Major shareholdings include:</p> <ul> <li>8.3% interest in ATAC Resources Ltd., which is developing Canada's only Carlin-type gold district at its Rackla Gold Project in east-central Yukon;</li> <li>46.5% interest in Rockhaven Resources Ltd., which is advancing one of the highest grade gold deposits ever discovered in Yukon towards production;</li> <li>32.5% interest in Precipitate Gold Corp., which is advancing their flagship Juan de Herrera project located within the emerging Tireo Gold Camp in the Dominican Republic; and</li> <li>16.5% interest in Silver Range Resources Ltd., which currently owns 4 highly prospective zinc-lead±silver projects in Yukon Territory and several high grade gold projects located in NWT, Nunavut and Nevada.</li> </ul> <p>Strategic conducts ongoing research and exploration to maintain a portfolio of high quality exploration projects that span a wide range of commodities and deposit types. The Company seeks partners to advance its projects, a number of which are permitted for large-scale drilling and meet the requirements of a qualifying listing property. In 2016, Strategic completed 3000 metres of diamond drilling at four 100% owned high grade gold projects.</p>