Strategic Metals Files Technical Reports for its Hopper and Division Mountain Projects, Southern Yukon

Rhea-AI Summary

Strategic Metals (SMDZF) filed two NI 43-101 Technical Reports on December 11, 2025 for its Hopper and Division Mountain projects in southern Yukon.

Key Hopper facts: a 74 km2 property hosting skarn and porphyry copper-gold targets, stacked skarn horizons with recent drill intercepts of 1.41% Cu & 0.532 g/t Au over 22.28 m and 1.87% Cu & 1.04 g/t Au over 15.27 m, plus porphyry-style intervals including 0.22% Cu over 114.38 m. Division Mountain facts: a 370 km2 coal property with historical work totaling trenching and 14,891 m of drilling and a reported resource of 52.5 million tonnes high volatile B bituminous coal, located ~20 km from a major transmission line.

Positive

• Division Mountain: 52.5 million tonnes high volatile B coal resource
• Hopper: stacked skarn horizons over 1,200 m strike at Copper Castle
• Hopper drill: 1.41% Cu & 0.532 g/t Au over 22.28 m
• Hopper drill: 1.87% Cu & 1.04 g/t Au over 15.27 m
• Division Mountain located 20 km from major transmission line

Negative

• Hopkins North porphyry largely untested, limiting resource confidence
• Copper Castle skarns remain open down dip and along strike, indicating more drilling needed
• Division Mountain deposit remains open to north, west and southeast, requiring further delineation
• Porphyry intercepts include 0.17% Cu over 162.85 m, a low-grade interval requiring further evaluation

Key Figures

Hopper property size 74 km2 Area covered by Hopper Project in Dawson Range Copper-Gold Belt

Copper intercept 1.41% copper over 22.28 m Drill hole HOP21-01 at Copper Castle target

Gold intercept 0.532 g/t gold Associated with 1.41% copper over 22.28 m in HOP21-01

Copper intercept 1.87% copper over 15.27 m Drill hole HOP22-03 at Copper Castle target

Gold intercept 1.04 g/t gold Associated with 1.87% copper over 15.27 m in HOP22-03

Porphyry interval 0.17% copper over 162.85 m 2015 diamond drill hole at Hopkins North target

Porphyry interval 0.22% copper over 114.38 m 2021 follow-up hole HOP21-06 from surface

Coal resource 52.5 million tonnes High Volatile "B" Bituminous coal at Division Mountain Project

Market Reality Check

$0.1800 Last Close

Volume Volume 2,500 is well below the 20-day average of 26,036 (relative volume 0.1). low

Technical Price at 0.20 is trading above the 200-day MA of 0.14.

Peers on Argus

Peers showed mixed moves: EMGDF -2.04%, IMTCF -1.82%, SLVDF +7.4%, while others were flat. This suggests stock-specific factors rather than a broad sector move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 01	Normal Course Issuer Bid	Positive	+0.6%	Launch of new share repurchase program for up to 8.5M shares.
Oct 02	Stock options grant	Negative	-3.0%	Granting of 260,000 incentive stock options to a consultant.
Aug 19	Exploration results	Positive	+2.2%	High-grade silver and gold sampling at Triple Crown Project in Yukon.

Pattern Detected

Recent news events, from corporate actions to exploration results, have generally seen share price moves that align with the tone of the announcements.

Recent Company History

Over recent months, news for Strategic Metals has focused on corporate actions and Yukon exploration. A December 5, 2025–December 4, 2026 Normal Course Issuer Bid for up to 8,500,000 shares saw a modestly positive reaction. Incentive stock options granted on October 2, 2025 drew a small negative move. High-grade sampling results at the Triple Crown Project on August 19, 2025 were followed by a positive reaction. Today’s filing of NI 43-101 technical reports continues the theme of advancing Yukon assets and formalizing project data.

Market Pulse Summary

This announcement detailed the filing of NI 43-101 technical reports for the Hopper and Division Mountain projects, formalizing geological and resource information. Hopper’s copper-gold system includes skarn and porphyry mineralization, while Division Mountain hosts a 52.5 Mt high volatile bituminous coal resource with extensive historical drilling and trenching. Investors may track future drilling, resource updates, power market developments in Yukon, and how these assets fit alongside prior exploration news such as earlier high-grade sampling results.

Key Terms

national instrument 43-101 regulatory

"both prepared in accordance with National Instrument 43-101."

National Instrument 43-101 is a set of rules and guidelines that govern how mineral exploration and mining companies must report information about their projects. It ensures that the details shared with investors are accurate, consistent, and reliable—similar to how a detailed, verified blueprint ensures a building’s safety. This helps investors make informed decisions based on trustworthy information about a company's mineral resources.

skarn technical

"The Hopper Project hosts copper-gold skarn and porphyry mineralization."

A skarn is a type of rock that forms when hot magma interacts with surrounding rocks, causing chemical changes and the creation of mineral-rich deposits. For investors, skarns can indicate areas where valuable metals or minerals might be concentrated, making them important in the search for natural resources and potential mining opportunities. Recognizing skarns helps in assessing the potential value of land or mineral rights.

porphyry technical

"The Hopper Project hosts copper-gold skarn and porphyry mineralization."

A porphyry is a type of large, underground mineral deposit that contains valuable metals such as copper, gold, or molybdenum, often spread over a wide area. Think of it as a giant underground treasure chest, where the metals are embedded in rock formations. These deposits are important to investors because they can be the source of significant resource extraction projects with the potential for substantial economic returns.

reverse-circulation (rc) drilling technical

"2536 m of reverse-circulation (RC) drilling in 27 holes;"

A drilling method that brings rock fragments up through a hollow central pipe so geologists get a quick, relatively clean sample of underground material; imagine a vacuum tube that lifts bits of rock to the surface. It matters to investors because the speed, cost and reliability of those samples affect how quickly and confidently a company can estimate the size and grade of a mineral deposit, budget exploration, and project future value.

rotary-air-blast (rab) drilling technical

"and 125 m of rotary-air-blast (RAB) drilling in 4 holes."

Rotary-air-blast (RAB) drilling is a fast, cost-effective method for making boreholes where a rotating drill bit breaks rock and compressed air blows the broken rock to the surface, producing continuous samples. Investors care because RAB is cheaper and quicker than many deeper drilling methods, so it can accelerate exploration programs, lower upfront costs and provide early data — like using a leaf blower to clear debris quickly so you can see what’s underneath.

bituminous coal technical

"resource of 52.5 million tonnes (Mt) of high Volatile "B" Bituminous coal."

Bituminous coal is a mid- to high-grade form of coal that burns hotter and produces more energy than softer coals, making it a common fuel for electricity generation and industrial heat. Investors care because its supply, price and regulatory treatment influence utility costs, commodity markets and companies tied to energy, steelmaking or mining — much like a higher-octane fuel affecting the economics and regulations of transportation.

AI-generated analysis. Not financial advice.

VANCOUVER, BC / ACCESS Newswire / December 11, 2025 / Strategic Metals Ltd. (TSXV:SMD) ("Strategic" or the "Company") is pleased to announce the filing of two Technical Reports (the "Reports") for its Hopper and Division Mountain projects, both prepared in accordance with National Instrument 43-101. The Reports, titled "Technical Report on the Hopper Project in the Dawson Range Copper-Gold Belt, Aishihik Lake area, Yukon, Canada" and "NI 43-101 Technical Report on the Division Mountain Property, Yukon Territory, Canada" are filed on SEDAR and can be viewed at www.sedar.com under the Strategic profile.

"The projects described in these reports are two of the best mineral assets in Strategic's extensive portfolio" states Doug Eaton, President and CEO of Strategic. "The Hopper copper-gold project has excellent size and grade potential, providing a clear and rapid path from exploration to resource definition; whereas the Division Mountain project offers Yukon a local solution to the Territory's energy needs while it transitions to longer term green energy sources. Division Mountain's known coal resources could produce enough electricity to satisfy projected medium-term demand on the grid and at one or more of the rapidly advancing, off-grid Yukon mining projects."

Hopper Project

The Hopper Project hosts copper-gold skarn and porphyry mineralization. It lies within the southern part of the Dawson Range Copper-Gold Belt, a metallogenic province in west-central Yukon that hosts several major deposits, including Western Copper and Gold Corporation's Casino porphyry copper-gold deposit, located 190 km to the north-northwest (Figure 1). The property covers a 74 km² area and is accessible via a network of roads and trails. Mineral occurrences on the property, which collectively make up the Copper Castle skarn target and the Hopkins North porphyry target, are associated with a 4 by 6 km intrusion referred to as the Hopper Pluton. Dating of the pluton has yielded a late Cretaceous age that is consistent with most mineralization along the belt, including the Casino deposit.

The Copper Castle target covers at least 10, stacked skarn horizons along a 1,200 m strike length south of the Hopper Pluton. The skarns have been only partially delineated and remain open down dip and along strike to the south. Recent drill results from the Copper Castle target include 1.41% copper and 0.532 g/t gold over 22.28 m from HOP21-01 and 1.87% copper and 1.04 g/t gold over 15.27 m from HOP22-03. The Hopkins North target is largely untested. It covers porphyry-type copper-gold mineralization identified within a 650 by 2,300 m area, which is associated with late phases of the Hopper Pluton. In 2015, a single diamond drill hole tested Hopkins North and returned a weighted average grade of 0.17% copper over 162.85 m. A follow-up hole in 2021, collared 320 m to the southeast, yielded 0.22% copper over 114.38 m from surface (HOP21-06).

Figure 1 - Hopper Project location and tectonic assemblage map of Yukon

The Company has prepared a video presentation on the Hopper Project with further details, which can be found at www.youtube.com/@strategicmetalsltd. A copy of the Hopper Technical Report is available on Strategic's website at strategicmetalsltd.com/projects/hopper-project.

Division Mountain Project

The Division Mountain Project covers a 370 km² area of coal-bearing stratigraphy in southwestern Yukon, approximately 90 km northwest of Whitehorse (Figure 2). The property is accessible via a 31 km four-wheel drive road originating from the Klondike Highway near the community of Braeburn. Exploration at Division Mountain, which has occurred intermittently since 1972, includes: 10.4 km of excavator trenching; 12,230 m of diamond drilling in 72 holes; 2536 m of reverse-circulation (RC) drilling in 27 holes; and 125 m of rotary-air-blast (RAB) drilling in 4 holes. This work has outlined a current resource of 52.5 million tonnes (Mt) of high Volatile "B" Bituminous coal.

Figure 2 - Division Mountain Project location along with Yukon sources of electrical power

The Division Mountain coal deposit has been explored over a 6.5 by 1.5 km southeast-trending area. Most of the coal occurs in the Middle to Upper Jurassic Tanglefoot Formation Upper Member, which was deposited in a complex river mouth environment. As there are no natural exposures of coal in the Division Mountain area, bedrock coal occurrences have been located either by trenching in areas of loose coal fragments on surface or where coal-bearing stratigraphy has been projected along strike. Several coal occurrences that cover Tanglefoot Formation outside of the deposit have seen little to no work, while the deposit itself remains open to the north, west and southeast.

The Division Mountain deposit is located 20 km west of a major electrical transmission line that runs in parallel with the Klondike Highway and ideally situated to provide feedstock to a local power plant.

A copy of the Division Mountain Technical Report is available on Strategic's website at strategicmetalsltd.com/projects/division-mtn-coal.

Technical information in this news release has been approved by Strategic's Vice President Exploration, Jackson Morton, P.Geo., a qualified person as defined under the terms of National Instrument 43-101.

About Strategic Metals Ltd.

Strategic is a project generator with 16 royalty interests, 12 projects under option to others, and a portfolio of 83 wholly owned projects that are the product of over 50 years of focussed exploration and research by a team with a track record of major discoveries. Projects available for option, joint venture or sale include drill-confirmed prospects and drill-ready targets with high-grade surface showings and/or geochemical anomalies and geophysical features that resemble those at nearby deposits.

Strategic has a current cash position of approximately $1.4 million and large shareholdings in several active mineral exploration companies including 32% of Broden Mining Ltd., 30.4% of GGL Resources Corp., 28% of Rockhaven Resources Ltd., 15.5% of Silver Range Resources Ltd., 9.9% of Precipitate Gold Corp. and 4.3% of Trifecta Gold Ltd. All these companies are engaged in promising exploration projects. Strategic also owns 15 million shares of Terra CO2 Technologies Holdings Inc. ("Terra"), a private Delaware corporation developing a cost-effective alternative to Portland cement, which recently announced it secured US$124.5M funding for its first 240,000 ton per year commercial advanced-processing facility in the Dallas-Fort Worth market.

ON BEHALF OF THE BOARD

"W. Douglas Eaton"

President and Chief Executive Officer

For further information concerning Strategic or its various exploration projects please visit our website at www.strategicmetalsltd.com or contact:

Corporate Information
Strategic Metals Ltd.
W. Douglas Eaton
President and C.E.O.
Tel: (604) 688-2568

Investor Inquiries
Richard Drechsler
V.P. Communications
Tel: (604) 687-2522
NA Toll-Free: (888) 688-2522
rdrechsler@strategicmetalsltd.com
http://www.strategicmetalsltd.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.

SOURCE: Strategic Metals Ltd.

View the original press release on ACCESS Newswire

FAQ

What did Strategic Metals announce on December 11, 2025 for SMDZF?

Strategic filed two NI 43-101 Technical Reports for the Hopper copper-gold and Division Mountain coal projects.

How large is the reported coal resource at Division Mountain (SMDZF)?

The report cites a current resource of 52.5 million tonnes of high volatile B bituminous coal.

What significant drill results were reported for the Hopper Project (SMDZF)?

Notable intercepts include 1.41% Cu & 0.532 g/t Au over 22.28 m and 1.87% Cu & 1.04 g/t Au over 15.27 m.

Where can investors view the Hopper and Division Mountain technical reports for SMDZF?

Both NI 43-101 Technical Reports are filed on SEDAR and copies are available on Strategic Metals' website.

How accessible are the Hopper and Division Mountain projects for exploration (SMDZF)?

Hopper covers 74 km2 with road and trail access; Division Mountain covers 370 km2 with a 31 km four-wheel-drive road from the Klondike Highway.

Does Division Mountain have proximity to power infrastructure relevant to SMDZF?

Yes, the deposit lies about 20 km west of a major transmission line paralleling the Klondike Highway.