Projects

Overview

With a long-established presence in the Yukon, Strategic has accumulated an exceptional portfolio comprised of more than 160 properties. These include:

• 90 properties under option to other companies
• royalty interests in 16 projects, including a net smelter return royalty on part of the Wolverine Deposit, which is scheduled to commence production in 2011
• 54 wholly-owned properties.

Through property farmouts and timely investments, Strategic has rapidly grown its working capital to approximately $75 million*.

During 2011, Strategic is focusing its exploration efforts on its wholly-owned Midas Touch project, which covers nearly 1,000 sq km of prospective stratigraphy for Carlin-type gold mineralization to the south of ATAC Resources' new Osiris discovery. The Midas Touch project now hosts four areas of orpiment-realgar mineralization, arsenic sulphide minerals that are often associated with Carlin-style gold deposits and are key indicator minerals at the Osiris discovery. Strategic's option, royalty and shareholding interests in companies such as ATAC Resources, Silver Range Resources and Rockhaven Resources provide upside exposure to numerous active exploration projects.

*Working capital includes approximately $30 million cash and the value of marketable securities, estimated as of January 17, 2012. Numbers are unaudited and the value of marketable securities fluctuates on a daily basis.