SMD / Strategic Metals, project generator in Yukon

[drbubb]

UPDATED end March 2024

SMD-vs. (0.18) /JNUG (32.50): 0.55%. /RK (0.06): 300% - Cycle Bottomed a few days ago?

RK / SMD = 33.3%. vs. GLD ($205.72), GDX (31.62)- Rising Gold & Gdxj can drag RK & SMD higher

SMD : 2017: 2021: ytd: 10d..  Last: $0.18 (Range: 0.165 to 0.39 ) BV: $0.42

2017:

RATIO: SMD to-GDXJ: 0.45% 

 

===

Strategic Metals- diversified & stuffed with value - chart update to Mar.2024

SMD ... from 1/2018: 1/2016: 1yr: 6mo: 10d/ Last $0.28 on 1.10.23 . vs Book Value'22 of $0.50 (-44% discount)

Sym. : Company     : Value : owns :  Corp.: shs : June:  3/24
Priv. :  Terra CO2 - : 15.0 M : 11.7%. x128.= 15.0 $1.00
Priv. :  Broden Mng.: 10.0 M : 32.8% x15.= 4.94 $2.00
====  Private Co’s : 25.0 M
RK.   : Rockhaven. : $5.6 M : 31.6% x276.= 81.9 0.068, 0.060
TUF  : HoneyBadg.: $2.4 M : 19.6% x178.= 34.8 0.070, 0.065
GGL : GGL Res.      : $2.2 M : 34.5% x 62.= 21.3 0.105,  0.060
SNG : Silver Range : $1.6 M : 17.2%  x 89.= 15.3 0.095, 0.070
PRG : Precip. Gold : $1.5 M : 15.7%  x131.= 20.4 0.075, 0.060
==== Main Quoted: 13.3 M: 10.1M? -24%; Sum: 0.413, 0.315
Other Other Quoted $0.7 M : (various)
==============. 39.0 M / 111M sh = C$0.351
Cash : Cash held.    $ 7.0 M / 111M sh = C$0.063, "No Debt" > after distributing $20M in Divs
Other: Props., Roy'l  10.0 M : pure Guess
==============. 56.0 M / 111M sh = C$0.504 x 76%= 0.38 vs. $0.42 BV

Broden got some good assets from the First Nations.  Could move forward quickly to mining.

[drbubb]

SMD.v. : Last: 0.26 +0.01

NEWS ===

2022-11-30 12:56	C:SMD	0.285	News Release	Strategic Metals drills one m of 8.72% Cu at Batt
2022-11-29 13:55	C:SMD	0.285	News Release	Strategic Metals arranges new share buyback
2022-11-29 01:59	C:SMD	0.285	SEDAR Interim Financial Statements	SEDAR Interim Financial Statements
2022-11-29 01:59	C:SMD	0.285	SEDAR MD & A	SEDAR MD & A

=====

STRATEGIC METALS REPORTS HIGH-GRADE COPPER, COBALT AND GOLD MINERALIZATION AT ITS BATT PROPERTY, YUKON

Strategic Metals Ltd. has released results from its wholly owned Batt property, which covers volcanogenic massive sulphide (VMS) and overprinting epigenetic vein- and fracture-hosted, copper, cobalt, gold plus or minus silver plus or minus zinc mineralization. Highlights include:

• 0.71 per cent Cu, 0.21 per cent Co and 1.18 grams per tonne Au over 5.7 metres from a hand trench through oxidized and deformed volcanic and intrusive rocks;
• 2.18 per cent Co and 2.37 g/t Au over 0.5 m from an outcropping shear zone;
• 8.72 per cent Cu, 0.24 per cent Zn, 19.9 g/t Ag and 488 parts per million Co over one m within strongly silicified basalt with localized semi-massive to massive sulphides;
• 19.7 per cent Cu and 41 g/t Ag from large, angular massive chalcopyrite boulder;
• 1.46 per cent Co and 1.43 g/t Au over 0.5 m from a quartz-carbonate vein.

The Batt property is located about 68 kilometres south of the town of Haines Junction in southwestern Yukon and 20 km west of the Haines Road.

==

Strategic has purchased (no) shares under the Old Bid, which will expire on December 2, 2022. The New Bid will consist of the acquisition by Strategic of up to 8,400,000 common shares of its capital stock, representing approximately 10% of the "public float" of 84,930,513 common shares upon the date of commencement of the New Bid. (There are currently 110,955,967 common shares of Strategic issued and outstanding.) The New Bid will commence on December 5, 2022, and will expire on December 4, 2023.

Gross Profit (ttm)    -65.07k. > YahooFinance: SMD.v
EBITDA                     -1.91M
Net Income Avi to Common (ttm)    -952.81k
Diluted EPS (ttm)    -0.0130

About Strategic Metals Ltd.

Strategic is a project generator with 13 royalty interests, seven projects under option to others, and a portfolio of more than 100 wholly owned projects that are the product of over 50 years of focused exploration and research by a team with a record of major discoveries. Projects available for option, joint venture or sale include drill-confirmed prospects and drill-ready targets with high-grade surface showings and/or geochemical anomalies and geophysical features that resemble those at nearby deposits.

Strategic has a current cash position of approximately $5-million and large shareholdings in several active mineral exploration companies, including 32.8 per cent of Broden Mining Ltd., 34.5 per cent of GGL Resources Corp., 31.6 per cent of Rockhaven Resources Ltd., 19.6 per cent of Honey Badger Silver Inc., 15.7 per cent of Precipitate Gold Corp. and 17.2 per cent of Silver Range Resources Ltd. All these companies are well financed and are engaged in promising exploration projects. Strategic also owns 15 million shares and five million warrants of Terra CO2 Technologies Holdings Inc., a private Delaware corporation which recently completed another large financing to advance its environmentally friendly, cost-effective alternative to Portland cement.

[drbubb]

Rockhaven - Just 5% of Project NAV : source- pg.18

MktCap. $18M. /NAV: C$378M @$1450, C$540M @$1740: ? C$685Me at $2000 / 256M sh= $2.676 x5%: 0.134

RK.v /2020: Ytd: 10d: $0.065 x 276M sh.= MktCap. $17.95M. / SMD:$0.29= 22.4% . RK-BV=0.17 cash $3.7M

===

[drbubb]

VIDEOS
Interview of Doug Eaton CEO and Director of Strategic Metals Ltd.

https://www.youtube.com/watch?v=K9UYSW-5tE8

Capital C$358Million   vs. C$378 M NPV. 37% IRR (at 5%) > on 1 Million Oz. Gold Eqv. over 12 years

Rockhaven Resourcs, Klaza Mining Project - Summer 2022

 

[drbubb]

Strategic Metals Announces Critical Metals Property Transaction

V.SMD | January 12, 2023

VANCOUVER, BC / ACCESSWIRE / January 12, 2023 / Strategic Metals Ltd. (TSX-V:SMD) ("Strategic") is pleased to announce the sale of eleven critical metals properties to 1137708 B.C. Ltd. ("133 BC"). Ten of the properties are in Yukon Territory and one is in the Northwest Territories.

Under the terms of the January 9, 2023 property purchase agreement, 133 BC will acquire a 100% interest in all eleven properties by issuing common shares to Strategic equal to 19.9% of the issued and outstanding common shares at the time 133 BC completes a listing on a Canadian stock exchange and closes a concurrent $1.7 million equity financing. 133 BC is required to complete its listing on or before June 1, 2023.

As additional consideration for the sale of the properties to 133 BC, Strategic will: (i) retain a one percent (1%) net smelter royalty return interest in future commercial production, excepting silver, from any or all of the properties, which is not subject to a buy-back option or similar rights; and (ii) hold the right to participate in any or all of the first three post-listing equity financings carried out by 113 BC, for the purpose of maintaining Strategic's post-listing interest in 133 BC.

"This agreement brings Strategic closer to fulfilling its long-term vision - the creation of an investment vehicle owning extensive and valuable, share holdings and royalty interests that generate consistent cash flow", states Doug Eaton, Strategic's President and CEO. "Our goal is to unlock the value of our large mineral property portfolio by placing projects with strong, independently managed companies. When this transaction is completed Strategic will own 23 net smelter return royalties and more than 10% share interests in seven companies."

The eleven properties subject to this agreement are the Batt, Oli, Bix, Rye, Sayyea, Hidden, Obvious, Boot, Bolt, Four Corners, and Van. Each property is prospective for one or more critical metal, including copper, zinc, tin, tungsten, cobalt, nickel and/or vanadium. All of the properties are owned 100% by Strategic and none is subject to an underlying royalty.

About Strategic Metals Ltd.

Strategic is a project generator which currently has 12 royalty interests, seven projects under option to others, and a portfolio of more than 100 wholly owned projects that are the product of over 50 years of focussed exploration and research by a team with a track record of major discoveries. Projects available for option, joint venture or sale include drill-confirmed prospects and drill-ready targets with high-grade surface showings and/or geochemical anomalies and geophysical features that resemble those at nearby deposits.

Strategic has a current cash position of approximately $3.6 million and large shareholdings in several active mineral exploration companies including :

Sym. Company          :   Last : ShOS: MktV: PctHeld Value
GGL : GGL Res. Corp : 0.055: 61.9M $3.4M 34.5%: 1.17M
RK.  :  RockhavenRes : 0.070: 276.M 19.3M 31.6%:  6.11M
TUF : HoneyBad.Silvr : 0.165: 31.1 M $5.1M 19.6%:  1.00M
PRG : PrecipitateGold: 0.070: 130.M $9.1M  15.7%: 1.42M
SNG : SilverRangeRes: 0.130: 89.2M 11.6M  17.2%: 1.99M
====.                           ===== ===== ==== ====  11.7M
Priv. : Broden Mining  : xx : xxxM= x 32.8%
Priv. : Critical Metals  : xx : ????       $00.0M 19.9%:
Priv. : TerraCO2 Tech.: xx : xxxM= x 00.0%
====

All these companies are well funded and are engaged in promising exploration projects. Strategic also owns 15 million shares and 5 million warrants of Terra CO2 Technologies Holdings Inc., a private Delaware corporation which recently completed another large financing to advance its environmentally friendly, cost-effective alternative to Portland cement.

[webmaster]

Strategic Metals is diversified & stuffed with value - chart update to Jan.2024

SMD - straining to break above the Down channel.. & move up to over $0.30 (>1% Gdxj)

versus... 2022: 10d.  last: 0.295 +0.02 / vs.GDXJ: $31.24 = 0.94%, vs.UGL: $47.68 = 0.62%,

SMD ... from Jan. 2018: 1/2019: 1yr: 6mo: 10d/ Last $0.41 on 3.10.22 . vs Book Value'21 of $0.54 (-19% discount)

SMD vs. Four Key holdings .. from Jan.2020: w/silver/ Last: $0.41, GGL: $0.30, RK: $0.165, PRG: $0.205

Chart : from Oct.2020: w/SNG: 10d/ Last: 0.395 / RK: $0.135 = Ratio: r2.92

UPDATING The Multiple company charts ..

SMD, RK,etc: from Oct.'20: w/SNG: 10d:: RK: $0.065 /SMD: 0.185 = R/S Ratio: r35.1% (prev26.8%) / 1.08.24

[webmaster]

SMD-vs. (0.18) /JNUG (32.50): 0.55%. /RK (0.06): 300% - Cycle Bottomed a few days ago?

RK / SMD = 33.3%. vs. GLD ($205.72), GDX (31.62)- Rising Gold & Gdxj can drag RK & SMD higher

SMD : 2017: 2021: ytd: 10d..  Last: $0.18 (Range: 0.165 to 0.39 ) BV: $0.42

2017:

RATIO: SMD to-GDXJ: 0.45% 

 

[webmaster]

Strategic Metals' Partner Benjamin Hill Mining Intercepts 211.65 Metres Of 0.46 Grams/Tonne Gold In Maiden Drill Program At The Alotta Gold-Copper-Molybdenum Project, Yukon

BNN / Benjamin Hill Mining: Last: C$0.60

BNN vs-SMD: 0.60 / 0.18= 

Benjamin Hill has the optional right to earn up to a 60% interest in the Alotta project by incurring aggregate exploration expenditures of $11 million by the end of 2027 and and making aggregate cash payments to Strategic of $500,000 by January 17, 2028.

Table 1

Hole Number	From (m)	To (m)	Interval (m)	Au (g/t)	Cu (%)
ALT-23-01	7.35	219.00	211.65	0.46	0.02
including	97.55	120.00	22.45	1.20	0.02
including	104.97	105.61	0.64	9.94	0.32
ALT-23-02	62.86	162.00	99.14	0.30	0.02

*Posted intervals are core lengths, the orientation of mineralization is not known at this time.

"Strategic Metals is very pleased with the exceptional gold results from this maiden drill program. The soil geochemical anomaly at Alotta is huge and offers excellent potential for discovery of more copper and molybdenum rich areas elsewhere on the property," states Doug Eaton, CEO and President of Strategic Metals. "We look forward to working closely with the team at Benjamin Hill to follow up on this initial success."

> More: https://finance.yahoo.com/news/strategic-metals-partner-benjamin-hill-133000014.html?.tsrc=fin-srch

 

Benjamin Hill closes $5.34-million private placement

2024-03-26 13:33 ET - News Release

BENJAMIN HILL ANNOUNCES CLOSING OF OVERSUBSCRIBED $5 MILLION FINANCING

Benjamin Hill Mining Corp. has closed its previously announced private placement financing of an aggregate of 8,352,750 units at a price of 64 cents per unit for aggregate gross proceeds of $5,345,760.

The Offering was conducted on a "best efforts" private placement basis by Eight Capital, as lead agent and sole bookrunner (the "Agent"). The Offering was structured such that 6,792,500 Units (the "LIFE Units") for aggregate proceeds of $4,347,200 were sold pursuant to the "listed issuer financing" prospectus exemption whereby these securities will not subject to any hold period and 1,560,250 Units (the "Accredited Investor Units") for aggregate proceeds of $998,560 were offered pursuant to the "accredited investor" prospectus exemption whereby these securities will be subject to a statutory hold period of four months and one day

> https://www.stockwatch.com/News/Item/Z-C!BNN-3528806/C/BNN

OLDER: 

NOVEMBER 28, 2023

Benjamin Hill Mining Announces Drilling Program Discovers Porphyry Style Mineralization at Alotta, Copper-Gold-Molybdenum Project

Vancouver, British Columbia--(Newsfile Corp. - November 28, 2023) - Benjamin Hill Mining Corp. (CSE: BNN) (OTCQB: BNNHF) (FSE: 5YZ0) ("Company") is pleased to announce the completion of two inaugural... 

Read More

[webmaster]

Asher Materials Nabs Terra CO2’s First Commercial-Scale Plant

7 months ago Cement Products News

Terra CO2 Technology has entered into a definitive agreement with Asher Materials for an exclusive market license of Terra’s first commercial-scale advanced processing facility in the Dallas-Fort Worth market.

Under the agreement, Asher Materials will acquire the plant, which has the capacity to produce 240,000 tpy of Terra’s OPUS Supplementary Cementitious Material (SCM), after construction and commissioning are complete. The deal comes after Terra recently showcased the SCM’s real-world performance during a demonstration pour in Houston. 

“The entire Terra team has worked tirelessly to achieve this major milestone – both for Terra and for the industry at large as we move toward our collective goal of decarbonizing cement,” said Bill Yearsley, CEO of Terra CO2. “We are delighted to have Asher Materials as a valued customer partner, and we look forward to expanding our close relationship to license additional Terra facilities across Texas.”

Asher Materials has been working for over a decade constructing first-of-its-kind industrial facilities focused on sustainability and efficiency. The company said it is committed to making the Lone Star State the leader in low-carbon building solutions in the U.S. through its partnership with Terra CO2.

> more: https://cementproducts.com/2023/09/13/asher-materials-nabs-terra-co2s-first-commercial-scale-plant/

Our Story

Terra CO2 is the scalable low carbon alternative for cement production. Responsible for 8% of the world's CO2 emissions, cement is used in producing concrete, the world's second-most used material after water. Their unique technology allows Terra to create cementitious materials from a wide variety of feedstocks or waste products, dramatically reducing the greenhouse gas emissions caused by cement production. Terra's proprietary Opus suite of cementitious materials is a proven supplement and alternative to Portland cement. Validated by third parties, Terra's materials perform equal to or better than traditional cementitious products.

Terra CO2 is headquartered in Golden, Colorado. For more information, please visit terraco2.com.

[webmaster]

STOCK HOLDINGS...

Feb 2024: About Strategic Metals Ltd.

Strategic is a project generator with 12 royalty interests, four projects under option to others and a portfolio of 96 wholly owned projects that are the product of over 50 years of focused exploration and research by a team with a record of major discoveries. Projects available for option, joint venture or sale include drill-confirmed prospects and drill-ready targets with high-grade surface showings and/or geochemical anomalies and geophysical features that resemble those at nearby deposits.

Strategic has a current cash position of approximately $2-million and large shareholdings in several active mineral exploration companies, including 32.8 per cent of Broden Mining Ltd., 33.4 per cent of GGL Resources Corp., 29.6 per cent of Rockhaven Resources Ltd., 16.2 per cent of Silver Range Resources Ltd., 15.6 per cent of Precipitate Gold Corp. and 15.2 per cent of Honey Badger Silver Inc. All these companies are engaged in promising exploration projects.

PRIVATE CO's: Strategic also owns 15 million shares of Terra CO2 Technologies Holdings Inc., a private Delaware corporation developing a cost-effective alternative to Portland cement, which recently announced a definitive agreement with Asher Materials for an exclusive market licence of Terra's first commercial-scale advanced processing facility.

Jan 2023: ( some % are Down since then )

Strategic has a current cash position of approximately $3.6 million and large shareholdings in several active mineral exploration companies including 32.8% of Broden Mining Ltd., 34.5% of GGL Resources Corp., 29.6% of Rockhaven Resources Ltd., 19.6% of Honey Badger Silver Inc., 15.7% of Precipitate Gold Corp. and 17.2% of Silver Range Resources Ltd. All these companies are well funded and are engaged in promising exploration projects. Strategic also owns 15 million shares and 5 million warrants of Terra CO₂ Technologies Holdings Inc., a private Delaware corporation.

[webmaster]

TG / Trifecta:  SMD has 6.9 M (6,906,318) TG shares. / 80.1M x 0.03= 2.4M = 8.6% =$76k

TG / Trifecta Gold to acquire Mount Hinton, 10 other properties

2024-03-01 / Mr. Richard Drechsler reports

TRIFECTA GOLD RESETS FOCUS WITH TOMBSTONE GOLD BELT OPTION AND SHARE CONSOLIDATION

Trifecta Gold Ltd. has entered into a binding agreement to acquire up to 100 per cent of Mount Hinton and 10 other highly prospective, intrusion-related gold projects located in Yukon's Tombstone gold belt. Under a two-stage earn-in agreement with Strategic Metals Ltd., Trifecta can acquire an up-to-100-per-cent interest in all 11 properties.

Tombstone gold belt

Extending for more than 1,000 kilometres from Alaska into Yukon, the Tombstone gold belt hosts many large reduced intrusion-related gold system deposits such as Fort Knox in Alaska (greater than 10 million ounces), Eagle and Olive in Yukon (greater than four million ounces), and the past-producing Brewery Creek mine, also in Yukon. Recent discoveries including Snowline Gold's Tier 1 Valley discovery, Sitka Gold's RC deposit, Banyan Gold's AurMac deposits and Victoria Gold's Raven deposit have drawn renewed exploration interest to the belt.

These gold systems are characterized by sheeted, auriferous quartz veins forming in the carapace zones of Cretaceous-age plutons. They have a characteristic geochemical signature of gold-bismuth-tellurium plus or minus tungsten within and surrounding the intrusion, and a characteristic geophysical signature of a magnetic low (that is, reduced), together with a coincident conductivity low. Moving outward from the intrusions, gold-arsenic veins are common with silver-lead-zinc veins farther out.

Option terms

Under the terms of the option agreement, which is subject to TSX Venture Exchange acceptance, Trifecta can acquire an initial 70-per-cent interest in the properties by incurring aggregate exploration expenditures of $6-million by Dec. 31, 2027, and issuing that number of Trifecta shares to Strategic such that, following the issuance of those shares, Strategic will hold 9.99 per cent of Trifecta's then issued and outstanding share capital, including the shares of Trifecta currently held by Strategic. Following the exercise of the first option, Strategic will retain a 1-per-cent net smelter return royalty interest in the properties.

Trifecta can acquire the remaining 30-per-cent interest in the properties by issuing additional Trifecta shares to Strategic equal to 9.99 per cent of the then outstanding Trifecta share capital at any time after the exercise of the first option and prior to March 31, 2028, which number of shares to be issued to Strategic will not include any shares of Trifecta then held by Strategic. Following the exercise of the second option, Strategic will retain an additional 1-per-cent net smelter return royalty interest. Trifecta can purchase the second royalty interest from Strategic for the payment of 1,500 ounces of gold or the cash equivalent.

> https://www.stockwatch.com/News/Item/Z-C!TG-3520064/C/TG

 

Share consolidation:  1/4 

Trifecta's board of directors has approved the consolidation of its common shares on the basis of one postconsolidation share for every four preconsolidation shares. The effective date of the consolidation will be confirmed at a future time, following the company's receipt of acceptance from the TSX Venture Exchange for this share consolidation.