Steadright Critical Minerals Inc V.SCM

Primary Symbol: C.SCM

Steadright Critical Minerals Inc. is a mineral exploration company. The Company is engaged in exploration and evaluation of mineral properties. The Company holds an option on its RAM property near Port Cartier, Quebec within the Cote-Nord Region, which is accessible by route 138. The RAM project consists of over 13,000 acres and is located on an Anorthositic complex that is in a highly prospective geological unit, which is underexplored for nickel (Ni), copper (Cu), cobalt (Co) and precious metals. The Anorthositic complex consists of anorthosite, leuconorite, and leucotroctolite assemblages at its center, surrounded by a leuconorite, pegmatitic norite, and anorthosite unit. The RAM Property is roughly 29 km southwest of Port-Cartier, Quebec. The Company also owns a 100% undivided interest in the Saint Gabriel Project (the Property), which consists of Silica-based claims in the Bas-Saint-Laurent Region, Quebec, Canada.

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Steadright Critical Minerals Inc > Nibbled

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Comment by MrLawon Jun 23, 2011 1:55pm

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Post# 18756806

RE: Nibbled

350 oz per month indeed isnt much, but with a second module it's already 8k+oz per year, and 9Mpa should be more than enough to cover their drill expenses, thus avoiding further dilution.

Personally I'm in here for the LT, and the resource increase on the 'hard-rock' project, but the near-term production possibilities offer a great bonus imo.

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