StrategX Elements: Targeting Underexplored Regions in Northern Canada for Energy TransitionMetals

December 15, 2022

StrategX Elements Corp. (CNSX:STGX) focuses on discovering new energy transition metal deposits required for the shift to clean and sustainable energy technologies. The company’s assets centers on cobalt, nickel, and other energy transition metals to contribute to Canada’s domestic supply chain. StrategX’s five 100-percent-owned assets are within Nunavut and the Northwest Territories.

The company’s assets cover 110,00 hectares in the Northwest Territories and 60,000 hectares in Nunavut. StrategX’s flagship project, Nagvaak in Nunavut, is highly prospective for nickel, vanadium, cobalt, copper, molybdenum, silver and PGMs. In Q1 2023, the company plans to conduct a first phase 2,000-meter drill program to confirm suspected deposits. The company’s additional projects are moving towards exploratory drilling as exploration campaigns aim to identify priority targets.

StrategX believes in the importance of maintaining a positive ESGI rating as a company focusing on supporting renewable energy. Leadership has prioritized building solid relationships with local communities from the beginning and integrating these communities into the project. The company understands that communities need to be involved in unlocking the critical mineral potential of its assets.

Company Highlights

StrategX is a Canadian exploration company with assets in Nunavut and the Northwest Territories focusing on making discoveries of energy metals, including cobalt, nickel, vanadium, and PGEs.
The company aims to contribute to Canada’s emerging critical metal supply chain to support net-zero initiatives.
StrategX has five 100-percent-owned projects in Nunavut and the Northwest Territories targeting metals critical to transitioning to clean energy technologies.
The Nagvaak project, the company’s flagship asset, is scheduled to begin exploratory drilling in Q1 2023 to follow up on priority targets identified in the Q3-Q4 2022 campaign.
A strong emphasis is placed on achieving a positive ESGI rating, and management has prioritized building relationships with local communities from the beginning.
A management team with expertise throughout the natural resources industry and a track record of success lead the company toward its goals.

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About StrategX

StrategX is a Canadian-based exploration company focused on discovering energy transition metals in northern Canada. With five strategic projects situated on the East Arm of the Great Slave Lake, Northwest Territories, and the Melville Peninsula, Nunavut, we’re leading discovery in untapped regions. This first-mover advantage in underexplored regions presents a unique opportunity for investors to be part of multiple discoveries and the development of new districts for critical metals essential for the global green energy shift. For updates and the latest insights, explore our Investor Portal.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws or an exemption from such registration is available.

On Behalf of the Board of Directors

Darren G. Bahrey
CEO, President & Director

For further information, please contact:

StrategX Elements Corp.
Email: info@strategXcorp.com
Phone: 604-379-5515

For further information about the Company, please visit our website at www.strategXcorp.com

Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information

All statements included in this press release that address activities, events, or developments that the Company expects, believes, or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections, and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.

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