Stratabound Minerals Corp. is a well-funded mineral exploration, development and mining company publicly trading since 1987. Stratabound is a reporting issuer in the Provinces of Alberta and British Columbia, and a Tier 2 company listed on the TSX Venture Exchange (Symbol: SB). The Company is also listed in the United States under the OTCQB listing symbol “SBMIF”.
The Company has been active in its pursuits since incorporation financed by private placements of shares to individuals, investment funds, joint ventures, production revenue from base metals mining, petroleum operations, and property options and sales.
In 2017 the “New” Stratabound assembled a new board and executive management, re-focussed, and began acquiring exceptional opportunities in overlooked, high-potential gold projects in premium North American mineral districts with the objective of transforming the Company into a precious metal producing Company generating its own revenue to develop and grow a pipeline of quality, early-stage mineral assets.
The re-vamped Stratabound has since raised C$20M in private placements, acquired its current flagship advanced-stage Fremont Gold Project in the Mother Lode Gold Belt of California and a pipeline three other early to advanced-stage gold projects in North America . The Fremont Project features an NI 43- 101 Mineral Resource estimate of 526,000 ounces at an average grade of 1.60 g/t Au in the Indicated plus 452,000 ounces at an average grade of 1.29 g/t Au in the Inferred Mineral Resource categories encompassing two historic high-grade underground gold mines. It also hosts 3 undeveloped gold occurrences across 4-km of strike along the prolific Mother Lode Gold Belt.
The Company is also advancing its other advanced-stage Dingman, ON and early-stage Golden Culvert, YT, McIntyre Brook, NB, gold projects, as well as a significant land position hosting three base metals deposits in the Bathurst base metals camp of New Brunswick featuring the Captain Copper-Cobalt-Gold Deposit.
Stratabound has completed a thorough technical due diligence and concludes that Fremont is an excellent candidate to develop to production as efficiently and expeditiously as possible, and that Stratabound has the ideal team and resources to execute on that vision. Furthermore, the team is confident of Fremont’s exploration potential to significantly expand the existing mineral resources.
Stratabound’s new team consists of a seasoned group of mining executives, operators and financiers with extensive experience financing, developing and operating mining projects around the world. The management team and Board are well experienced veterans in all facets of mining and have a strong background of experience in small- through large-scale mining operations gained through increasing management responsibility over the course of their respective careers spanning entry-level through to senior executive-level positions in such companies as Rio Tinto, Vale, Inco, Teck-Cominco, Barrick, Jaguar Mining, Royal Oak Mines and Silver Standard to name a few.
Stratabound intends to accretively grow the Company from a near-term to a fully operational precious metals producer commencing with Fremont.
Dentons Canada LLP, Calgary
BDO Canada LLP, Calgary
Royal Bank, St. Catharines
Registrar and Transfer Agent
Odyssey Trust Company, Calgary
Stock Exchange Listings
TSXV; Symbol: SB
Click here to view Stratabound’s publicly filed documents.