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Strategx Elements Corp. ( (TSE:STGX) ) has provided an update.
StrategX Elements Corp. has discovered high-grade copper mineralization at its East Arm Copper Project in the Northwest Territories, Canada. Surface samples have shown copper values between 1% and 10%, indicating significant exploration potential in a 2-km corridor of sedimentary-hosted mineralization. As a result, StrategX has expanded its property by acquiring an additional 6,425 hectares. The copper targets are located along a major continental-scale craton margin and align with a sedimentary-hosted copper deposit model. The company is now integrating historical exploration data to refine targets and establish a modern drill-focused exploration program, potentially enhancing its industry positioning and attractiveness to stakeholders.
More about Strategx Elements Corp.
StrategX Elements Corp. operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily targets the discovery and development of high-grade copper deposits, with a particular focus on projects in Canada.
YTD Price Performance: -25.00%
Average Trading Volume: 17,644
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$7.02M
See more data about STGX stock on TipRanks’ Stock Analysis page.
