Strategx Elements Corp STRXF

Primary Symbol: C.STGX

StrategX Elements Corp. is a Canada-based exploration company. The Company is focused on the discovery of cobalt and associated energy transition metals in northern Canada. The Company’s property portfolio of over five stand-alone projects is situated on the East Arm of the Great Slave Lake, Northwest Territories and on the Melville Peninsula, Nunavut. The Company has a 100% interest in Project 939 and EA South Project located in the Northwest Territory, Canada. Project 939 and EA South Project comprise approximately 12 prospecting permits (93,821 hectares) and over 16 mining claims (12,638 hectares). The Company staked over 13 claims, approximately 9,646 hectares located adjacent and outside of the Mel Project in the Melville Peninsula region of Nunavut, Canada. Its projects also include Project NagVaak, Nunavut, Canada, and Project Mel, Nunavut, Canada.

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Strategx Elements Corp

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Comment by Santanj2950on Apr 30, 2014 6:30pm

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Post# 22509908

RE:RE:RE:RE:RE:MD&A

Thanks brandonn. You are correct and that makes sence as we have the 4 permits and are contracting a colied tube rig to knock the 4 out quickly asa they are shallow holes. Looks like we have plenty of time in Illinois and Racoon Creek should seal our requirements. I dont think we will need over $10 million to meet those requirements, hope not anyway. As noted in prior post, we may be able to get funds via production loan if we get some flow in Illinois soon.

GLTA

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