Strategic Minerals Corp NL

Published : August 21st, 2016

2016 Woolgar Gold Exploration Program Underway (PDF - 245 Kb)

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Keywords :   9/11 | Australia | Georgia | Gold | Market |

2016 Woolgar Gold Exploration Program Underway (PDF - 245 Kb)

STRATEGIC MINERALS

CSOTRRPAOTERGAICTIMOINNENR.AL.LS

Corporation N.L.

ASX Code: SMC

ASX Release: 22 August 2016

Issued Capital:

62,323,131

Market Capitalisation:

$20.5 Million

BOARD:

Laif McLoughlin

Executive Chairman

Christopher Wallin

Non-Executive Director

Jay Stephenson

Non-Executive Detector & Company Secretary

Registered Office:

Suite 12, Level 1

11 Ventnor Avenue West Perth

Western Australia 6005

ACN: 008 901 380

ABN: 35 008 901 380

Email: [email protected] WWW: stratmin.com.au

2016 Woolgar Gold Exploration Program Underway

Following a very successful entitlement rights issue (see ASX announcement 10 August 2016), Strategic Minerals Corporation N.L. (ASX: SMC, Strategic or the Company) is pleased to confirm that site preparation activities have been completed and the IP Program is underway as announced in the June 2016 Quarterly Activities Report (ASX announcement 21 July 2016).

Specifically, Strategic is planning to complete the following in the 2016 exploration program:

Approximately 6 to 7 lines totalling thirteen kilometres of IP geophysical survey. These will cover the entirety of the Lower Camp main structures and the zone of intersection.

Approximately 15 reverse circulation drill holes, comprising 3,500 metres. The drilling will be divided between the continued expansion and definition of the BVS gold resource and testing of known prospective targets at depth in Belle Brandon and Sexton.

Targeted soil sampling and analysis with the NITON and detailed mapping to expand the dataset over the most perspective targets principally within Lower Camp.

The Company looks forward to updating the market of the results from this programme once they become available.

Laif Allen McLoughlin

EXECUTIVE CHAIRMAN

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Data and Statistics for these countries : Australia | Georgia | All
Gold and Silver Prices for these countries : Australia | Georgia | All

Strategic Minerals Corp NL

CODE : SMC.AX
ISIN : AU000000SMC6
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Strategic Min is a silver and gold producing company based in Australia.

Strategic Min holds various exploration projects in Canada.

Its main exploration properties are MAGNUM and PIKE PROPERTY in Canada.

Strategic Min is listed in Australia. Its market capitalisation is AU$ 34.1 millions as of today (US$ 24.1 millions, € 20.6 millions).

Its stock quote reached its lowest recent point on May 05, 2016 at AU$ 0.00, and its highest recent level on September 11, 2020 at AU$ 0.70.

Strategic Min has 69 630 000 shares outstanding.

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