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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

Comment by MisterMarketon Aug 10, 2022 1:51pm
224 Views
Post# 34885623

RE:RE:RE:Silly valuation!

RE:RE:RE:Silly valuation!I would have liked to see SMD drill something this year but with the way things are it would have been money wasted.  Instead they have a low key exploration program on 3 very prospective properties, anyone of which could be a winner.  Hopefully this program will build suspense for future drilling. 

Take a look at the June 2 /22 NR.  Mint has a 300M in diameter target with a well mineralized stockwork and a large area to the south that should be looked at.  Alotta, 40 km south of Casino, has a huge 4200 X 1500 M area pf porphry style metal zonation with high gold values throughout the grid and almost no outcrop.  CD has a strong gold in soil anomaly uphill from a copper anomaly.  THe copper in the anomaly was probably leached out and transported downhill from the gold anomaly.  CD is 20 km west of RK's Klaza and has no outcrop.

No doubt this year's exploration will find things for further investigation but will do nothing for the share price other than firm it up a bit.  Next year I would like Strategic do some drilling on the properties.  Nothing moves the share price like some good drill core.  A discovery or two would eliviate the boredom of owning SMD shares.
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