Strategic Metals Maps Skarn Horizons at Yukon Harry Project
Strategic Metals Ltd. (TSXV:SMD) has identified eight stacked skarn horizons and a 1,200-meter by 700-meter molybdenum soil anomaly at its 100%-owned Harry Project in Yukon. Geochemical data indicates a potential porphyry center associated with a buried intrusion, supported by tungsten, tin, and molybdenum signatures that strengthen toward the northwest.
The skarn horizons span roughly 325 meters of stratigraphy, expanding the potential target size for future exploration. The property also benefits from nearby historical high-grade gold veins situated 1.7 kilometers to the north. Exploration work in 2026 received financial support from the Yukon Mineral Exploration Program, helping preserve the company balance sheet, which holds approximately 5 million CAD in cash.
Because the Harry Project remains at an early exploration stage, future progress will depend on geophysical surveys and initial drilling programs to test target depth, mineral grades, and deposit continuity. Shares of Strategic Metals Ltd. traded down 3.39% to 0.285 CAD following the update.
Key points
- Strategic Metals Ltd. mapped eight skarn horizons spanning 325 meters of stratigraphy at its Harry Project in Yukon.
- A 1,200-meter by 700-meter molybdenum soil anomaly indicates a potential buried porphyry intrusion.
- Historical high-grade gold veins lie 1.7 kilometers north of the primary skarn target area.
- Yukon Mineral Exploration Program funding supported 2026 field work, leaving the company with about 5 million CAD in cash.
Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org
How we writeDisclaimerQuestions and answers
What did Strategic Metals discover at the Harry Project?
Strategic Metals identified eight stacked skarn horizons and a 1,200m by 700m molybdenum soil anomaly, pointing to a potential mineralized porphyry system.
Where is the Harry Project located?
The Harry Project is 100% owned by Strategic Metals Ltd. and is located in Yukon, Canada.
How is Strategic Metals funding its exploration work?
Exploration at the project was supported by funding from the Yukon Mineral Exploration Program, and the company maintains approximately 5 million CAD in cash.