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Strategic Metals Ltd V.SMD

Alternate Symbol(s):  SMDZF

Strategic Metals Ltd. is a Canada-based project generator. The Company's main business activity is the acquisition, exploration and evaluation of mineral properties located in Canada. As a project generator, the Company has assembled a portfolio of direct and indirect mineral property interests in Yukon Territory, northern British Columbia and western Northwest Territories. It has approximately 13 royalty interests, 14 projects under option to others, and a portfolio of 82 wholly owned projects. Its portfolio covers a suite of metals, including gold, silver, lead, zinc, copper, tin, tungsten, vanadium and lithium, and deposit types, such as porphyry, skarn, epithermal vein, orogenic gold, sedex, carbonate replacement and others. Its deposits include Casino, Wolverine, Wellgreen, Division Mountain, Klaza, Tiger, Osiris, Golden Revenue, Blende, Carmacks Copper, Logtung, Marg, Ice and others. Its subsidiaries include Rockhaven Resources Ltd. (Rockhaven) and GGL Resources Corp. (GGL).


TSXV:SMD - Post by User

Bullboard Posts
Post by RedRocket1on Oct 08, 2020 1:54pm
184 Views
Post# 31689723

Double check assays cause high grade gold

Double check assays cause high grade gold Assay results of core samples from the drill holes have been severely delayed by overloading at the analytical laboratory. Problems related to COVID-19 safety protocols have been compounded by a rapid uptick in drill activity worldwide. Mt. Hinton core processing has been further delayed by the very rigorous sampling, sample preparation and analytical techniques being used to ensure that the results are as reliable as possible given the presence of coarse gold in some veins. To date, assay results are only available for one complete hole and two partial holes. These results are still subject to compilation and quality assurance/quality control review. Ideally, the first news release will be made in about two weeks and will comprise holes spanning the entire width of the first section line across the Granite North zone. A comprehensive section should provide a better idea of the distribution and character of the mineralization. The drilling and sampling programs are designed to evaluate potential for both bulk-tonnage and discrete vein targets.
Bullboard Posts