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An update from Strategx Elements Corp. ( (TSE:STGX) ) is now available.
StrategX Elements Corp. has announced a significant discovery of high-grade graphite at its Nagvaak property on the Melville Peninsula, Nunavut, with a drill core interval showing an average grade of 15% graphitic carbon. This discovery, along with the expansion of its mineral claims to 79,781 hectares, positions StrategX at the forefront of critical mineral exploration in Canada, highlighting the potential for a district-scale mineral system in the Melville Critical Metals Belt. The company is advancing its exploration efforts with a 2025 drilling campaign to further define high-grade graphite zones and explore additional targets, indicating promising opportunities for stakeholders.
More about Strategx Elements Corp.
StrategX Elements Corp. operates in the critical minerals industry, focusing on the exploration and development of mineral resources. The company is particularly engaged in identifying and extracting high-grade graphite and other polymetallic minerals, positioning itself as a leader in critical mineral discoveries in Canada.
YTD Price Performance: -19.44%
Average Trading Volume: 15,969
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$7.54M
See more insights into STGX stock on TipRanks’ Stock Analysis page.
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