Strategic Metals Ltd.

TSX.V:SMD

Royalty Holdings

Property Royalty Status Company Website
CORD 1% NSR Exploration Alianza Minerals Ltd. www.alianzaminerals.com
HAS 2% NSR* Exploration Aloro Mining Corp. www.aloromining.com
HYLAND GOLD 1/4% NSR Resource Expansion Banyan Gold www.banyangold.com
REE 2% NSR Exploration Yankee Hat Minerals Ltd. www.yankeehatminerals.com
REEF (portion of 3 Aces) 2% NSR* Exploration Seabridge Gold www.seabridgegold.com
GRAM 2% NSR* Exploration Metallic Minerals Corp. www.metallic-minerals.com
TEACH (portion of Keno Summit) 2% NSR* Exploration Metallic Minerals Corp. www.metallic-minerals.com
LNPG 2% NSR** Exploration Equitorial Exploration Inc. www.equitorialexploration.com
PLATA 2% NSR*** Historical small scale production Honey Badger Silver www.honeybadgersilver.com
GROUNDHOG 2% NSR*** Exploration Honey Badger Silver www.honeybadgersilver.com
HY 2% NSR*** Exploration Honey Badger Silver www.honeybadgersilver.com
Harlot (portion of King Tut) 2.5% NSR**** Exploration HighGold Mining www.highgoldmining.com
Harlow (portion of King Tut) 2.5% NSR**** Exploration HighGold Mining www.highgoldmining.com
*2% Net Smelter Return (NSR) on precious metals, 1% NSR on other metals
** Equitorial can purchase one-half of the NSR from Strategic for $2,000,000
***Excludes silver
****HighGold can purchase 0.5% for $750,000