StrategX Elements Corp. continued to acquire key ground on the Melville Peninsula that offers potential on making major discoveries in energy transition metals. The Company staked an overlooked mafic intrusive Ni-Cu-Co-PGE system hosted by what is called the Archean Tasijuaq gabbro.

This new staking is a valuable addition to the Company's Project N claims staked last year and has renamed it Project Tasijuaq. This is an important target for StrategX and may result in the discovery of significant mineralized zones in nickel, copper, cobalt, and platinum group elements. The total size of the property covering this target is 1,560 hectares.

StrategX announced the following results from 27 rock grab samples taken from a large gossan historically known as the BIL Prospect. Surface rock exposure is described as outcrop, sub crop and talus. Rock grab samples showing magmatic net-textured sulphides returned anomalous values in nickel, copper, cobalt, and PGEs.

The average grades from the rock grab samples are 0.49% nickel,0.33% copper, 286 ppm Co, and 147 ppb PGEs + Au.