StrategX Elements: Targeting Underexplored Regions in Northern Canada for Energy TransitionMetals
Originally posted on Investingnews.com
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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