on Strategic Metals Ltd. (CVE:SMD)
Strategic Metals Reports Positive Project Developments and Financial Growth
Strategic Metals Ltd. announced several advancements in its projects and portfolio. A significant development involves Terra CO2 Technologies, which has begun construction of a commercial-scale plant in Texas, set to produce cementation materials by 2027. Strategic holds 15 million shares in Terra.
Rockhaven Resources plans a bulk sampling of high-grade gold-silver from its Klaza Deposit in Yukon. Strategic owns 28% of Rockhaven's shares. Additionally, GGL Resources Corp. has signed an option agreement for its Gold Point project in Nevada, positioning itself for further project focus. Strategic owns 31.7 million shares in GGL.
Amid strong metal markets, Strategic signed agreements for its Crag, Rod, Mars, and Byng projects. The company continues to leverage market conditions to boost cash reserves, recently reaching $3.5 million through strategic stock sales and property transactions.
R. E.
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