StrategX Elements Corp. reported a 45.6-metre drill core interval within the identified 6-kilometre mineralized corridor rich in critical metals, which shows great potential in all directions. This interval is located 4 kilometres from the initial discovery drill hole which returned 58 metres of 2.63% copper equivalent.

Nagvaak Graphite. The preliminary graphite results returned impressive grades up to 34.9% Cg with a significant portion of samples grading over 20% Cg. The results are some of the highest grades reported in North America and rank high with the world's graphite deposits and mines.

Furthermore, preliminary results have returned significant high-grade graphite >20% Cg, much higher than typically observed in other graphite deposits in North America. Exploration Highlights: A significant drill core interval of 45.6m returns 0.41% vanadium pentoxide, 0.26% nickel, 0.14% copper, 0.035% molybdenum, 8.3 g/t gold+PGE, and 0.36% zinc. Not notable assay values up to 0.59% vanadium pentoxide,0.54% nickel, 0.31% copper, 0.054% molybdenUM, 14.2 g/t silver, 0.27 g/t gold+PG E, and 3.65% zinc. Potential economic importance of graphite discovery realized. High-quality graphite in drill core from 15.4m to 41.0m with grades reaching up to 34.9%Cg.

Large tonnage potential exceeding >100Mt in both critical metals and graphite. Nagvaak Critical Metals. StrategX continued the program of sampling the historical diamond drill core completed by BHP.

The recently sampled drill hole DDH#17 is located 4 kilometres east of the first drill core results from DDH#14, which returned 58 metres of 2.63% copper equivalent. DDH#17 returned 45.6 metres of 0.41% V2O5, 0.26% Ni, 0.14% Cu, 0.035% Mo, 8.3 g/t Ag, 0.10 g/t Au+PGE, and 0.36% Zn. These positive drill core results occur below highly anomalous surface rock samples taken from mineralized gossans and correlate well with the geophysical anomalies.