Strategic Metals files tech reports on Hopper, Division

Executive Summary

• Strategic Metals Ltd. has filed two National Instrument 43-101 technical reports for its Hopper and Division Mountain projects in the Yukon, Canada.
• The Hopper project is a copper-gold skarn and porphyry system with significant drill intercepts, including 1.41% Cu and 0.532 g/t Au over 22.28m, and is positioned within the Dawson Range copper-gold belt.
• The Division Mountain project hosts a defined resource of 52.5 million tonnes of high Volatile B bituminous coal, intended to provide local energy solutions for the Yukon territory.

Key Details

• Hopper Project (Copper-Gold):
  • Located in the Dawson Range copper-gold belt, covering 74 square kilometres.
  • Copper Castle Target: Hosts at least 10 stacked skarn horizons along a 1,200-metre strike length.
    • Drill Hole HOP21-01: 1.41% copper and 0.532 g/t gold over 22.28 metres.
    • Drill Hole HOP22-03: 1.87% copper and 1.04 g/t gold over 15.27 metres.
  • Hopkins North Target: Covers a 650 by 2,300 m area of porphyry-type mineralization.
    • 2015 Drill Hole: Weighted average grade of 0.17% copper over 162.85 metres.
    • 2021 Drill Hole (HOP21-06): 0.22% copper over 114.38 metres from surface.
  • The Hopper pluton is dated to the late Cretaceous, consistent with regional mineralization.
• Division Mountain Project (Coal):
  • Covers 370 square kilometres, approximately 90 km northwest of Whitehorse.
  • Resource Estimate: 52.5 million tonnes (Mt) of high Volatile B bituminous coal.
  • Exploration History: Includes 10.4 km of excavator trenching, 12,230 m of diamond drilling (72 holes), 2,536 m of RC drilling (27 holes), and 125 m of RAB drilling (4 holes).
  • The deposit is located 20 km west of a major electrical transmission line, positioned to supply a local power plant.
  • The deposit remains open to the north, west, and southeast.
• Company Financials & Holdings (from "About" section):
  • Cash position: Approximately $1.4 million.
  • Significant shareholdings in: Broden Mining Ltd. (32%), GGL Resources Corp. (30.4%), Rockhaven Resources Ltd. (28%), Silver Range Resources Ltd. (15.5%), Precipitate Gold Corp. (9.9%), and Trifecta Gold Ltd. (4.3%).
  • Owns 15 million shares of Terra CO2 Technologies Holdings Inc.

Notable Quotes

• "The projects described in these reports are two of the best mineral assets in Strategic's extensive portfolio," states Doug Eaton, president and chief executive officer of Strategic Metals.
• "The Hopper copper-gold project has excellent size and grade potential, providing a clear and rapid path from exploration to resource definition; whereas the Division Mountain project offers Yukon a local solution to the territory's energy needs while it transitions to longer-term green energy sources."