Strategic Metals Delineates Promising Porphyry Au-Cu-Mo Prospect at Its Alotta Project, Yukon

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Jul 28, 2021

VANCOUVER, BC / ACCESSWIRE / July 28, 2021 / Strategic Metals Ltd. (TSXV:SMD, Financial) ("Strategic") announces promising results from a recently-completed prospecting and soil sampling program at its wholly owned Alotta porphyry gold-copper-molybdenum project, which is located in the Dawson Range porphyry belt of southwestern Yukon (Figure 1). The Alotta project lies 40 km south of Western Copper and Gold's Casino porphyry project, which hosts a 2.4 billion tonne M&I resource(1) containing 7.6 billion pounds of copper (0.14%), 811 million pounds of molybdenum (0.017%) and 14.5 million ounces of gold (0.19 g/t). Rio Tinto recently invested $25.6 million in Western Copper and Gold to fund further work at the Casino Deposit.