Strategic Metals Ltd. announced results from its wholly owned Batt property, which covers volcanogenic massive sulphide (VMS) and overprinting epigenetic vein and fracture hosted, copper, cobalt, gold ± silver ± zinc mineralization. 0.71% Cu, 0.21% Co and 1.18 g/t Au over 5.7 m from a hand trench through oxidized and deformed volcanic and intrusive rocks; 2.18% Co and 2.37 g/t Au over 0.5 m from an outcropping shear zone; 8.72% Cu, 0.24% Zn, 19.9 g/t Ag and 488 ppm Co over 1 m within strongly silicified basalt with localized semi-massive to massive sulphides; 19.7% Cu and 41 g/t Ag from large, angular massive chalcopyrite boulder: and, 1.46% Co and 1.43 g/t Au over 0.5 m from a quartz-carbonate vein. The Batt property is located about 68 km south of the town of Haines Junction in southwestern Yukon and 20 km west of the Haines Road (Figure 1).

The property lies within the Traditional Territory of Champagne and Aishihik First Nations, with whom Strategic has a signed Exploration Benefits Agreement. At the MS zone, a 2 m thick lens of massive to semi-massive pyrite and chalcopyrite returned 1.3% Cu and 175 ppm Co over 2 m. The lens is covered by talus along strike in both directions. About 350 m to the southwest of the sulphide lens, a zone of highly silicified basalt containing a 0.5 m massive sulphide layer and stringers of sulphide was chip sampled and returned 8.72% Cu, 0.24% Zn, 488 ppm Co and 19.9 g/t Ag over 1 m. Approximately 3.8 km to the southeast of the MS zone, a quartz-sulphide breccia and stockwork zone cutting through strongly sericite and chlorite altered basalt returned 4.01 g/t Au, 0.51% Cu and 700 ppm Co over 2 m. This zone is interpreted as representing part of a plumbing system, such as those that are typically found beneath sulphide horizons within VMS deposits.

One kilometre south-southwest of the MS zone, soil geochemical sampling has identified a 400 m by 300 m multi-element anomaly that contains values up to 0.58% Cu, 0.42% Zn and 180 ppm Co (Figures 3-5). This is a new discovery that has not yet been mapped or prospected. Approximately 800 m southeast of the MS zone, several large (0.4 x 0.3 x 0.5 m) angular boulders of massive sulphide in float make up the Boulder zone, where a chalcopyrite, pyrite and quartz boulder returned 19.7% Cu and 41 g/t Ag, and a pyrrhotite and pyrite bearing boulder returned 0.2% Cu and 0.18% Co.

By following the boulders upslope, a subcrop of semi-massive chalcopyrite and pyrite in a quartz breccia was discovered and a sample from this subcrop returned 2.2% Cu with 8.0 g/t Ag. This area has not been systematically evaluated because of thick talus cover.