Strategic Resources

Overview

Vanadium is becoming an exciting element in grid scale battery production and the ever-growing energy metals space. Analysts expect strong Chinese demand for vanadium as a necessary component in steel and Vanadium Redox Batteries (VRB) in upcoming years.

Current vanadium production and supply comes predominantly from China, Russia and South Africa, with only two primary producers, Largo Resources Ltd. (TSX:LGO) and Bushveld Minerals Limited (AIM:BMN), in the western mining sector. However, for investors looking to get into the energy metals mining space, junior players developing highly prospective vanadium assets in the West present tremendous growth potential and early-mover economic advantages.

One such company is Vancouver-based Strategic Resources Inc. (TSX:SR.V), currently focused on developing and advancing the Mustavaara and Silasselkä projects in Finland. Strategic Resources is a Ross Beaty backed company that is part of the Lumina Group that aims to become a significant player in the emerging vanadium space, which has the potential to grow with increased demand in steel and the budding Vanadium Redox Battery (VRB) market

Strategic Resources’ Company Highlights

• Strategic Resources currently operates its 100 percent owned flagship Mustavaara project and Silasselkä project in Finland.
• The company’s vision is to establish a base of vanadium exploration properties in the near term with the potential to expand into other metals that market analysis expects will form the basis of an electrified economy.
• The company acquired the past-producing Mustavaara mine in July 2020 and just released(May 2021) a preliminary economic assessment.
• The Preliminary Economic Assessment showed a long-life project that is economic at today’s metal prices.
• The company plans to advance Mustavaara and continue exploring Silasselkä in 2021. Both projects contain vanadium-rich zones with large-scale development potential along strike.
• Strategic Resources has the option to earn 100 percent interest in the Silasselkä project from Aurion Resources Ltd. under specific share issuant and financing conditions.
• Strategic Resources leverages a top-tier financial and project advancement track record and deep industry connections as part of the Lumina Group. Its robust portfolio of mineral exploration companies has returned over US$1.6 billion since the group’s formation.

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