BRIEF

on Strategic Metals Ltd. (isin : CA8627591073)

Strategic Metals Regains Full Control of Hopper Copper-Gold Project

Strategic Metals Ltd. has announced significant updates for the Hopper copper-gold project, highlighting the termination of its Option Agreement with Alpha Copper Corp., a move that sees Strategic regaining 100% interest in the project. Located in southern Yukon, the Hopper project encompasses a promising 74 km2 area with 365 mineral claims and robust road accessibility.

The property, within the Dawson Range Gold Belt, includes the Hopkins North porphyry target and the Copper Castle skarn target. Notable drill results from 2022 showed copper grades as high as 1.87% and gold grades up to 1.04 g/t. The area has a rich geology with significant porphyry copper deposits and an extensive gold-enriched skarn system, still open for further exploration.

The completion of various exploration techniques including trenching and geochemical surveying, alongside positive drill results, underscores the project’s potential. Strategic Metals' newfound full ownership paves the way for an expansive drilling program, leveraging the proximity to major infrastructure like the Otter Falls hydroelectric generator and the port of Haines, Alaska.

R. E.

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