|
January 15, 2019
Dear Friends and Shareholders;
I would like to thank all of our shareholders who have supported your Company through 2018 and invite you to continue to follow our activities as we move forward with our plans in 2019. A lot has been accomplished since Stratabound acquired the Golden Culvert option agreement a little over a year ago. Despite a difficult financing market the Stratabound team was nevertheless able to raise $1.8M, complete a road into the Golden Culvert site and identify two main gold bearing structures, encountering gold in every trench and drill hole that intersected them in the very first such program to be undertaken. It is rare to achieve this quality of results from the first shot at it and we are very, very pleased. We believe that the the Yukon and BC Golden Triangle regions are terrifically exciting and developing new jurisdictions.
2018 has been a difficult year for junior mining companies to receive recognition for their successes, and we can only hope that this has to turn around as it always has in the past. We have an excellent project and the Company has done a likewise excellent job with it despite the odds this past year. We plan for more success in 2019 going forward.
Ending the year on a positive note, on December 22 nd the Company was featured in an article in the Northern Miner highlighting the progress we have made at Golden Culvert. Please use the following link: https://www.northernminer.com/news/stratabound-hits-targets-in-first-ever-drill-program-at-golden-culvert/1003802848/ . For those without a Northern Miner subscription, the article is posted on the Stratabound website. The article will also be featured in the Northern Miner�s special Yukon, British Columbia and NWT Edition to be issued in January, 2019. While checking through the Northern Miner records recently I pulled this quote out from an article on Murray Pezim being named �Mining Man of the Year� for 1990, �It took 76 drill holes before Hemlo even began to be taken seriously, and 109 holes before Eskay Creek became widely accepted as a truly significant discovery.� This is all the more poignant for us while considering our early success at Golden Culvert in the first year of drilling, intersecting 60.1 gpt gold over 0.9 metres within 2.53 gpt gold over 33.1 metres in the third hole ever drilled. Exploration projects take time to reveal their potential, and they are dependent upon the perseverance and determination of the project operator, particularly in the face of a bear market. We believe in our projects, we believe in the future and we believe in ourselves to continue to push ahead as we have proven this past year.
Oh, and one more thing I would like to point out that following Murray Pezim in 1990, the 1991 �Mining Man of the Year� was our Chairperson, Margaret �Peggy� Kent, also featured in a series of podcasts by the Northern Miner this past year.
Stratabound will be hosting booth #223 at the AME Roundup in Vancouver on January 30-31st 2019 and booth #3243 again this March at the PDAC. Additionally, we will have a drill core display at the PDAC and invite anyone who can make it to join us at either of these venues to talk over this past year�s results and plans going forward for 2019.
Best regards and wishes for continued success in 2019,
Kim Tyler
President and Chief Executive Officer
Stratabound Minerals Corp.
416-915-4157
ktyler@stratabound.com
www.stratabound.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
WARNING: The Company relies upon litigation protection for �forward looking� statements. The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking information. Factors that may cause actual results to vary materially include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, currency fluctuations, unanticipated operational or technical difficulties, changes in laws or regulations, failure to obtain regulatory, exchange or shareholder approval, the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability to raise additional financing. Readers are cautioned not to place undue reliance on this forward-looking information. The Company does not assume the obligation to revise or update this forward-looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws. |