Strategic Resources Inc. is pleased to announce that it has been granted an extension to a previously issued water permit that was set to expire in July 2022. An application to extend the existing water permit allowing for future construction of mining operations at Mustavaara was delivered to the Regional State Administrative Agency for Northern [...]
Strategic Resources Inc. is pleased to announce that it has issued 1,166,666 common shares to Aurion Resources Ltd. , which fulfills the requirements to earn 100% ownership in the Silasselkä property. The issuance increases Aurion's ownership from 16.0% to 18.3% ownership of Strategic. About Strategic Resources [...]
Highlights: Key permit and environmental monitoring work is ongoing at Mustavaara The European Ferro-vanadium market has seen prices increase from US$32.55/kg to US$49.75/kg since December 2021, a 53% increase The pig iron market has seen prices increase to over US$600/tonne versus the US$450/tonne used in the 2021 PEA [...]
Strategic Resources Inc. proposes to extend the expiry date of previously issued warrants to purchase up to 3,585,000 common shares at an exercise price of $0.55 per share. These warrants were issued in connection with a non-brokered private placement completed on October 20, 2020 and are scheduled to expire on April 20, 2022. If accepted by the [...]
Strategic Resources Inc. is pleased to announce the results of its annual general meeting of shareholders held on February 7, 2022, in Vancouver . Strategic's shareholders voted in favour of each of the matters considered at the Meeting, including electing each of Scott Hicks, Timo Mäki, Michael Moore and Mark Serdan as directors of the Company to [...]
Strategic Resources Inc. announces that it has granted incentive stock options under the Company's stock option plan to certain directors, officers, employees and consultants of the Company to purchase up to an aggregate of 860,000 common shares of the Company. The options are exercisable at a price of $0.35 per share, will expire on November 16 [...]
Strategic Resources Inc. is pleased to announce that it has transferred existing environmental permits for its 100% owned vanadium-iron Mustavaara project in Finland. The transfer was from the Ferrovan Oy bankruptcy estate to Strategic Explorations Oy and includes the environmental and water permits issued to Mustavaaran Kaivos Oy in 2016 by the [...]
Strategic Resources Inc. is pleased to announce it has commenced joint hydro-metallurgical testing with VanadiumCorp Resource Inc. using their patented and proprietary green recovery process named VanadiumCorp Electrochem Process Technology on titanomagnetite concentrate from Strategic's wholly-owned Mustavaara Project in Finland. The ongoing [...]
Strategic Resources Inc. is pleased to announce it has received positive results from the Preliminary Economic Assessment , prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects , for its 100%-owned Mustavaara Project . The PEA outlines a long-life economic project in current market conditions. Scott [...]
Strategic Resources Inc. announces that it has hired Jukka Pitkäjärvi as Vice President Finland Operations. Mr. Pitkäjärvi has worked for more than 30 years in the international mining and metallurgical industry. Most recently he was CEO of Ferrovan Oy, a private company developing the Mustavaara project and other vanadium projects in Finland. Mr [...]
Strategic Resources Inc. announces that it has terminated its agreement with Magnus Minerals OY to acquire the Akanvaara project in Finland. Strategic is relinquishing its option to acquire Akanvaara in order to focus on the Mustavaara and Silasselkä projects. Strategic was required to spend C$750,000 by June 2021 and, to acquire a 100% interest of [...]
Strategic Resources Inc. announces that it has granted incentive stock options under the Company's stock option plan to certain directors, officers, employees and consultants of the Company to purchase up to an aggregate of 1,040,000 common shares of the Company. The options are exercisable at a price of $0.37 per share, will expire on November 19 [...]
