Strategic Minerals Plc

A profitable producing mineral company actively developing projects
tailored to materials expected to benefit from strong future demand

Strategic Minerals plc (AIM: SML; USOTC: SMCDF) is an AIM-quoted, producing minerals company, actively developing strategic projects in the UK, United States and Australia.

Leigh Creek Copper Mine

Cobre Magnetite Stockpile

Redmoor Tin Tungsten

Registered in the UK and listed on the AIM market (AIM: SML) of the London Stock Exchange

The Company's strategy is to utilise cash flow from existing operations to fund overheads and thereby provide a base from which to build a diversified portfolio of cash generating high quality strategic minerals operations and near term mining projects in jurisdictions where returns are commensurate with risk.

Company Overview

The Company is currently undertaking three major areas of operation.

Cornwall Resources Limited

(Redmoor)
Cornwall, United Kingdom

Resource:
Amount:

Cash Cost:
Phase:
Exploration:

Tin/Tungsten/Copper
JORC Inferred: 11.7Mt @
1.17% Tin Equivalent
Less than £25 a tonne
Brownfields Development
Progressing to Pre-Feasibility

Southern Minerals Group

(Cobre)
New Mexico, United States of America

Resource:
Tonnes:
Phase:
Sales Target:
Cash Flow:

Magnetite Ore
700,000 (stockpile)
Production/processing
48,000 tonnes p.a.
Circa US$1.25m post tax

Leigh Creek Copper Mine

(LCCM)
North Flinders Ranges, South Australia

Resource:
Phase:
Resource:
Price paid:
Cash flow:
Off take:

Copper Oxide
Pre production
JORC Indicated 24,205 tonnes
Low, less than US$100/t
Expected 2021
In place up to 300t p/m

Strategy

Maintain a balance of projects producing cash, near term cash and explorations assets and grow the Company’s value and share price by leveraging core cash flows from producing assets to develop resources projects that relate to metals expected to increase in demand and price. This is to be achieved through:

Operating Strategy - Self sufficient

As an operator of a magnetite tailings business in the US, the Company, unlike many of its peers, has an underlying cash flow. The SML Board has committed to ensuring that corporate overheads, required for a listed company, are maintained within this cash flow and that funds raised from any share issues are utilised to progress value accretive projects.

Investment Strategy– Three factor approach

The Company has an investment strategy aimed at adding shareholder value through investment in:

Metal projects that are expected to benefit from significant demand and associated price increases (such as Copper and Tin).
Projects that will develop additional income streams (short & medium term: Leigh Creek Copper Mine, longer term: Redmoor Tin and Tungsten Mine) that will diversify dependency on the Company’s magnetite tailings business.
Critical Resources recognized as strategically important (such as Tungsten).

Strategic Minerals Plc