Two Yukon Mining Mountain Projects Gain Momentum: Strategic Metals Files Key Technical Documentation

Strategic Metals Ltd. (TSXV:SMD) has submitted comprehensive technical documentation for two significant mineral properties in Yukon Territory, marking a major milestone in the company’s resource development strategy. The filings, prepared under National Instrument 43-101 standards, have been registered on SEDAR and are now accessible to investors and industry stakeholders.

Division Mountain: Energy Security Through Local Coal Resources

The Division Mountain property represents a 370 km² coal-bearing prospect in southwestern Yukon, positioned approximately 90 km northwest of Whitehorse. This mineral asset holds particular strategic value as Yukon pursues energy independence during its transition to renewable power generation.

Current resource estimates indicate 52.5 million tonnes of high volatile bituminous coal at Division Mountain, the product of sustained exploration efforts spanning more than five decades. The deposit’s geographical positioning—just 20 km from a major electrical transmission corridor aligned with the Klondike Highway—positions it ideally for power generation feedstock supply. This proximity to existing grid infrastructure significantly enhances the project’s development feasibility.

Geological investigations reveal coal mineralization concentrated within the Jurassic-age Tanglefoot Formation, deposited during a complex deltaic environment. Exploration activities have encompassed extensive trenching operations (10.4 km), diamond drilling campaigns totaling 12,230 meters across 72 holes, reverse-circulation drilling of 2,536 meters in 27 holes, and rotary-air-blast drilling of 125 meters. The deposit remains open to expansion northward, westward, and southeastward along its 6.5 by 1.5 km trend.

Hopper Project: High-Grade Copper-Gold Mineralization in a World-Class Metallogenic Zone

The Hopper property encompasses 74 km² within the prolific Dawson Range Copper-Gold Belt of west-central Yukon, hosting both copper-gold skarn and porphyry-style mineralization systems. This metallogenic province has produced several major discoveries, including Western Copper and Gold’s Casino deposit located 190 km to the northwest.

Mineralization at Hopper concentrates around a late Cretaceous plutonic intrusion (the Hopper Pluton), whose age correlates with mineralizing events throughout the broader copper-gold belt. Two primary targets define the project’s exploration focus:

The Copper Castle Skarn Target represents the primary focus area, featuring at least 10 stacked skarn horizons along a 1,200-meter strike length. Recent drilling has produced encouraging results: 1.41% copper and 0.532 g/t gold over 22.28 meters (hole HOP21-01) and 1.87% copper and 1.04 g/t gold over 15.27 meters (hole HOP22-03). The skarns remain partially delineated with significant downward and lateral expansion potential.

The Hopkins North Porphyry Target covers a 650 by 2,300-meter area of porphyry-associated copper-gold mineralization associated with late-phase plutonic activity. Limited drilling has defined prospective geochemistry: a 2015 hole returned 0.17% copper over 162.85 meters, while follow-up drilling in 2021 from a location 320 meters to the southeast yielded 0.22% copper over 114.38 meters from surface (HOP21-06). This target remains substantially under-tested.

Strategic Context and Portfolio Strength

Management emphasizes that both mountain projects represent premier assets within Strategic’s diversified exploration portfolio. The company maintains a substantial cash position of approximately $1.4 million and holds significant equity stakes in multiple active explorers and development-stage companies, including holdings in Broden Mining, GGL Resources, Rockhaven Resources, Silver Range Resources, Precipitate Gold, and Trifecta Gold. Additionally, Strategic owns 15 million shares of Terra CO₂ Technologies, a private company advancing alternative cement technologies.

The dual filing of technical reports underscores Strategic’s commitment to advancing its most prospective mineral properties toward resource definition and development stages. Both projects benefit from established infrastructure access, geological complexity indicating significant discovery potential, and proximity to established mining and energy corridors in Yukon Territory.

Technical report availability reflects the company’s transparency in project development, with full documentation accessible through SEDAR filings and the company website for qualified investors and industry professionals conducting due diligence evaluations.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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