Strategic Metals Announces Acquisition of Vanadium Project
Investing News Network - January 7th, 2011
Strategic Metals Ltd. (CVE:SMD) announces that it has staked eight mineral claims to reacquire 100% ownership of the Flat Lakes vanadium prospect.
Strategic Metals Ltd. (TSXV:SMD) announces that it has staked eight mineral claims to reacquire 100% ownership of the Flat Lakes vanadium prospect.
The press release is quoted as saying:
The vanadium-rich mudstones occur within a tight syncline that is about 20 km long. The core of the prospect has been tested for a length of 700 m and is defined by four diamond drill holes and outcrops along creeks, which cut through pervasive overburden cover.