Key facts
| Company | Strategic Metals Ltd. (TSXV: SMD) |
|---|---|
| Commodity | Gold |
| Location | Canada |
| Stage | Early exploration |
About Alotta
Under option to Benjamin Hill Mining Corp. (announced January 18, 2023). Benjamin Hill Mining can acquire a 60% interest in the project by: (i) making aggregate cash payments to Strategic of $500,000 by January 17, 2028; and (ii) incurring aggregate exploration expenditures of $11 million on the property by the end of 2027. Following the exercise of the option, Benjamin and Strategic will form a 60/40 joint venture to further explore and develop the property.