Strategic has gold, uranium and base metal exploration projects in Queensland and South Australia. The Company's principal gold exploration project is located in Northern Queensland at Woolgar. Use the links below to find out more about Strategic's various gold and uranium projects in Australia.


GOLD

Woolgar Gold Project, Queensland
Strategic Minerals Corporation N.L. (100%)

Background
The Woolgar gold field is located 120 kilometres north of Richmond in north Queensland. Strategic's Woolgar project tenements cover an area of 700 square kilometres and all mining titles and exploration permits are 100% owned and managed by Strategic.

The regional area is one with a high gold endowment. Multi-million ounce gold deposits have been developed at Kidston (4.1m oz Au), Charters Towers (7.1m oz Au), Mt Leyshon (3.2m oz Au) and Pajingo - Vera Nancy (3.2m oz Au).

High grade epithermal gold veins were first recognised by Strategic at Woolgar in 2002, in the Sandy Creek area, expanding the potential of the field to host a major gold deposit. The epithermal veins at Woolgar are believed to have many geological similarities to those at Pajingo, one of Australia's largest and most profitable gold mines. The majority of the high grade material at Pajingo occurs at deeper levels and was discovered by intensive deep drilling of geological targets.

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URANIUM

Woolgar Uranium, Queensland
Alpha Uranium N L. (100%) - (Strategic Minerals Corp N L subsidiary)

Background
A subsidiary company, Alpha Uranium Ltd, has now been established to assume ownership of Strategic's interests in its uranium projects. Alpha is dedicated to identifying and exploring for economic uranium deposits within the project areas thereby unlocking value for current and future shareholders in Strategic.

Past exploration outlined significant uranium occurrences at Strategic's Woolgar tenements. Extensive exploration for uranium was conducted from 1977 to 1982 within the Woolgar region by Central Coast Exploration, ESSO Exploration & Production Australia Inc. and AFMECO.

Strategic's detailed review of the potential for uranium deposits within the Woolgar tenements shows that outcropping uranium occurrences were identified in the historical exploration data. Previous drilling in the 1970's defined zones of mineralization with high grade drill intersections up to 6m @ 0.25% eU3O8 and mineralized rock chips samples from several prospects up to 0.67% U3O8. Numerous untested airborne radiometric (uranium channel) anomalies occur throughout the tenements associated with a regionally extensive unexplored unconformity.

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Board Directors

Claude F. Guerre - Chairman
Based in Geneva, Mr Guerre has had over 30 years experience as an investment fund manager, a financial analyst and a chief investment officer of a leading international banking group.

Wally A.C. Martin - Managing Director
Mr Martin has been actively involved in the mining industry since 1979 and was the foundation Vice-President of the Association of Mining and Exploration Companies of WA.

Claude Bigeard - Director
Mr Bigeard has extensive experience in financial management and banking, with more than 14 years experience in the largest private foreign banking group in Switzerland.

Jay Stephenson MBA CMA MAICD FCIS - Non-Executive Director and Company Secretary
Jay Stephenson has been involved in business development for over 20 years including the past 14 years as Director, Chief Financial Officer and Company Secretary for various listed and unlisted entities in resources, manufacturing, wine, hotels, and property. He has been involved in business acquisitions, mergers, initial public offerings, capital raisings, business restructuring as well managing all areas of finance for companies.