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strategic metals ltd (SMD) Snapshot

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strategic metals ltd (SMD) Details

Strategic Metals Ltd. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold, silver, copper, zinc, lead, nickel, tungsten, molybdenum, platinum group elements, germanium, and indium in Yukon and British Columbia. The company is headquartered in Vancouver, Canada.

strategic metals ltd (SMD) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

strategic metals ltd (SMD) Key Developments

Strategic Metals Ltd., Annual General Meeting, Jul 11, 2014

Strategic Metals Ltd., Annual General Meeting, Jul 11, 2014., at 11:00 Pacific Standard Time. Location: Suite 1016 - 510 West Hastings Street. Agenda: To fix the number of directors; to elect directors for the ensuing year; to appoint an auditor for the ensuing year, and authorizing the directors to fix the auditor's remuneration; to ratify and confirm the company's new shareholder rights plan and all rights issued thereunder; to consider the company's stock option plan; to transact such other business as may properly come before the meeting or any adjournment thereof.

Strategic Metals Ltd. Announces Executive Appointments

Strategic Metals Ltd. announced the appointments of Ryan E. Schedler to the company's Board of Directors and Richard Drechsler as Vice-President Communications. Mr. Schedler currently serves as a Managing Director of Condire Investors in Dallas, Texas and is a director of International Northair Mines. The company has also appointed Richard Drechsler as its Vice-President Communications. In this capacity, Mr. Drechsler will be the contact person for outside interest groups, including First Nations and local communities. Mr. Drechsler will continue to provide corporate communications and investor relations services to shareholders and other interested parties.

Strategic Metals Ltd. Announces Results from Hopper Copper-Gold Skarn and Porphyry Property in Southwestern Yukon Territory

Strategic Metals Ltd. announced results from its wholly-owned Hopper copper-gold skarn and porphyry property in southwestern Yukon Territory. The 2013 exploration program at the Hopper property involved soil geochemical sampling, geological mapping and prospecting. Highlights from the program include: Expansion of a known soil anomaly to a 2,500 by 3,600 m area defined by values ranging from 500 to 26,000 ppm copper and the recognition of a high-grade core area within the anomaly measuring 600 by 1,000 m; Successful extension of multiple stacked, copper-rich skarn horizons, from which previous diamond drilling returned numerous highly encouraging intercepts including 1.94% copper and 0.87 g/t gold over 18.59 m; and Discovery of a stratigraphically deeper gold-rich skarn exposure, from which a chip sample returned 6.83 g/t gold and 0.18% copper over 3 m. The 2013 exploration program continued to outline a zoned hydrothermal system associated with a Late Cretaceous pluton and younger dyke swarms, which cut a thick section of calcareous metasedimentary rocks. Much of the prospective area is heavily vegetated and blanketed by various depths of overburden. Soil geochemical sampling has defined a 2,500 m by 3,600 m anomaly, containing values from 500 ppm to 26,000 ppm copper. Within this large area, 2013 sampling has identified a core area, measuring 600 m by 1,000 m where the high copper results are accompanied by moderately to strongly anomalous gold (from 20 to 996 ppb) and molybdenum (from 10 ppm to 142 ppm) values. The mineralized hydrothermal system is centered on a porphyry-style copper zone that is flanked by stacked skarn horizons and distal veins. Sub-horizontal skarn horizons have now been traced over a 1,500 m strike length and through a stratigraphic section of 250 m. They typically comprise medium to coarse grained diopside-pyroxene-actinolite+/-wollastonite with disseminated to massive chalcopyrite, pyrite, pyrrhotite and magnetite. Historical drilling has been mostly confined to a 300 by 400 m area (South Zone), which lies outside the core of the soil geochemical anomaly. The best copper and gold results from limited drilling of the skarn horizons were 1.94% copper with 0.87 g/t gold over 18.59 m and 1.76 g/t gold with 0.22% copper over 16.93 m, including 9.44 g/t gold with 0.01% copper over 2.0 m. The skarn horizons remain open to extension along strike and down-dip.


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