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by Will Purcell
The diamond and specialty minerals stocks box score for Tuesday was a ho-hum 71-87-152 as the TSX Venture Exchange rose five points to 947. Darren Bahrey's Strategx Elements Corp. (STGX) lost three cents to 18 cents on 3,000 shares. The company has drilled sulphide-rich graphite zones at its Nagvaak project on Melville peninsula in central Nunavut. The 42.8-metre target held multiple zones -- vertically discontinuous in other words -- "significantly expanding the known mineralized footprint and validating the company's exploration thesis for a district-scale position."
There were four intervals, Strategx says, in the hole drilled 580 metres west of historical drilling on the property. Mr. Bahrey, the company's chief executive officer, enthused that the intercept confirms the lateral continuity across a six-kilometre mineralized corridor. Just to be sure you hadn't nodded off, he reiterated the length, applauding the Nagvaak graphite-rich polymetallic mineralized corridor as 6,000 metres along strike and about 500 metres wide, underscoring its scale as a potential tier I critical minerals deposit discovery.
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