RCS - Strategic Minerals - Corporate Presentation <Origin Href="QuoteRef">SMLP.L</Origin>
RNS Number : 5198VStrategic Minerals PLC03 November 201703 November 2017
Strategic Minerals plc
("Strategic Minerals", "SML" or the "Company")
Corporate Presentation
Strategic Minerals plc ("Strategic" or "the Company") is pleased to announce that a copy of the Company's new presentation is now available on the Company's website, (http://www.strategicminerals.net/)
For further information, please contact:
Strategic Minerals plc
+61 (0)414727965
John Peters
Managing Director
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SP Angel Corporate Finance LLP
+44 (0)20 3470 0470
Nominated Adviser and Joint Broker
Ewan Leggat
Optiva Securities Limited
+44 (0)20 3411 1880
Joint Broker
Graeme Dickson
Yellow Jersey PR
+44(0)7825916715
Financial PR
Charles Goodwin
Joe Burgess
Notes to Editors
Strategic Minerals Plc is an AIM-quoted, diversified mineral development and production company with projects in the United States of America, the UK and Australia. The Company is focused on acquiring and developing cash generative, high quality projects which meet local market demand for commodities and utilising this cash flow to undertake value added exploration.
In September 2011, Strategic Minerals purchased its first cash-generating asset; the Cobre magnetite tailings dam project in New Mexico, USA which it brought into production in 2012and which continues to provide a revenue stream for the Company. The portfolio was expanded in January 2016 with the acquisition of shares in Central Australian Rare Earths Pty Ltd, which holds tenements in Western Australia and the Northern Territory that are prospective for cobalt, gold, nickel sulphides and rare earth elements. The Company has since acquired all shares in Central Australian Rare Earths Pty Ltd. In May 2016, an additional exploration asset was acquired when the Company entered into an agreement with New Age Exploration Limited to acquire up to 50% of the Redmoor Tin/Tungsten project in Cornwall, UK. This 50% acquisition has now been completed and drilling at the project has commenced. The Company is also currently in due diligence in relation to the acquisition of the Leigh Creek Copper Mine situated in the copper rich belt of South Australia.
This information is provided by RNSThe company news service from the London Stock ExchangeENDNRABJBMTMBJMBIR
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