Stratton Resources announces that it has relinquished its option to the MAC property, located in central British Columbia. There was no significant work conducted on the project in the previous year and it was no longer considered material to the Company although the Company will write-off approximately $15 million in acquisition and exploration [...]
Stratton Resources is pleased to provide an exploration update on summer field programs conducted at its MAC, Lunar and Natlan projects, located in British Columbia, Canada. The MAC Project is an advanced-stage molybdenum-copper project with newly recognized nickel-iron-chromium potential (see news release dated October 5, 2012) located [...]
Stratton is pleased to announce the discovery of substantial strike lengths of nickel-bearing ultramafic rocks on its MAC Project, located in central British Columbia. The ultramafic rock package that hosts the Decar nickel-iron alloy deposit currently being explored and developed by First Point Minerals Corp. and Cliffs Natural Resources Inc [...]
Stratton is pleased to announce that it has completed a non-brokered private placement for gross proceeds of $484,000 by issuing 2,420,000 units of the Company at a price of $0.20 per Unit. Each Unit consists of one common share plus one whole common share purchase warrant which is exercisable into a common share at a price of $0.40 for a period of [...]
Stratton Resources is pleased to announced the results of an initial National Instrument 43-101 mineral resource estimate for the Camp Zone at the MAC Molybdenum-Copper Project located in central British Columbia. Indicated Resources of 70.4 million tonnes at 0.063% Molybdenum ("Mo") and 0.10% Copper ("Cu") or a grade of 0.352% Copper Equivalent1 [...]
Stratton Resources reports that, subject to regulatory approval, it has granted 200,000 incentive stock options to employees of the Company, exercisable at a price of $0.42 per share for a period of five years from the date of grant. Any shares issued under the option grant will be subject to a four-month hold period from the date of granting [...]
Stratton Resources is pleased to announce the final assay results from its 2011 drilling program at the MAC Molybdenum-Copper Project ("MAC") located in central British Columbia, Canada. Stratton completed its 2011 exploration campaign at the MAC project in mid-December. Previously, the Company announced high-grade drill results from the first [...]
