Multiple undrilled high grade gold and silver veins
Adjacent to Alexco’s Bellekeno Mine
Sale to Territory Metals announced July 31, 2017
Strategic Metals’ wholly-owned Mount Hinton property lies within the world-famous Keno Hill silver mining camp, a district that hosts more than 35 individual mines and is historically Canada's second largest primary silver producer. The property covers an 83 sq km area that is located 10 km by road from Keno City in central Yukon Territory within the First Nation of Na-Cho Nyak Dun’s traditional territory. A hydroelectric power grid extends to Alexco Resource Corp.'s Bellekeno Deposit, which is located three kilometres north of the Mount Hinton claim block.
Although silver mineralization is found in veins on the Mount Hinton property, gold is the most significant component in many of the 73 bedrock showings and float occurrences that have been discovered to date. Mineralized shoots on the veins grade between 1 and 30 g/t gold, 50 and 1500 g/t silver and 0.5 to 2.5% lead. Maximum grades of 127.5 g/t gold, 30,822 g/t silver, and 75% lead have been returned from rock samples. Creeks draining the property have yielded significant placer gold production and are still being mined. Previous operators identified numerous soil geochemical anomalies and geophysical targets that have not yet been drilled or trenched. The project is permitted for advanced exploration.