Strategic Metals Ltd.
has more interests in more than 140 properties assembled by an accomplished exploration team utilizing a proprietary database. Strategic is a project generator at a very large scale and currently has 12 properties optioned to third parties. Through project farm-outs, investments, and royalty sales, the Company has rapidly grown its treasury to more than $34 million.
Strategic's large portfolio of marketable securities also provides upside exposure to numerous active exploration projects. Major shareholdings include:
- a 9.1% interest in ATAC Resources Ltd., which has six significant drill discoveries within an emerging Carlin-style gold district at its Rackla Gold Project in east-central Yukon;
- a 31.2% interest in Rockhaven Resources Ltd., which has identified large high-grade and bulk-tonnage gold-silver zones at the Klaza Property in the southern part of the Dawson Gold Belt, Yukon; and
- a 19.9% interest in Silver Range Resources Ltd., where a maiden resource estimate of 38.7 million ounces of silver grading 30.25 g/t was announced November 2012 for the Keg Deposit, one of 24 silver bearing mineral zones identified to date at the Silver Range Project located near Faro, Yukon*.
Strategic conducts ongoing research and exploration to generate a portfolio of high quality exploration projects that cover a wide range of commodities. The Company seeks partners to advance projects and shares in the "blue sky" through the establishment of shareholding and/or royalty interests. Strategic holds a number of projects which meet the requirements of a qualifying listing property.
*For further details please see the technical report entitled "Geology, Mineralization, Geochemical Surveys, Diamond Drilling, Metallurgical Testing and Mineral Resources at the Keg Property" dated December 19, 2012 and amended May 27, 2013 and filed on SEDAR by Silver Range Resources Ltd.