Strategic Mining’s Vietnam Gold Property Classified as “Property of Merit” by Competent Person’s Report - NI 43-101 Compliant
TORONTO, April 27, 2010 (GLOBE NEWSWIRE) -- The Strategic Mining Corporation (Other OTC: SMNG) announced today that its Vietnam gold property has been classified a “Property of Merit” by the NI 43-101 geological report also known as the Competent Person’s report (CPR).
Geological consultant, Hassan Alief, was retained to examine the Nat Son property in Hoa Binh province in northern Vietnam to provide a report on its mineral potential and to discuss further exploration potential. He concluded in his report dated October 16, 2009 that the property has merit and potential for mineable gold and should be explored in detail.
The report was prepared to the standards and headings of Canadian National Instrument 43-101 and is intended to facilitate technical and economic aspects of the project, including attracting venture partners and/or fund raising. Mr. Alief has written numerous reports and is responsible for the contents of the Ba Dinh report as an independent “Qualified Person” in accordance with NI 43-101 standards of disclosure for mineral projects.
President, Todd Sterck, commented: “This report validates the potential for our property and provides the basis to advance to the next stage of exploration development, as outlined and recommended by Mr. Alief.
About Strategic Mining Corporation
Strategic Mining Corporation (Other OTC: SMNG) is engaged in the exploration and development of gold properties in Vietnam, the US and Africa. The company intends to expand by acquiring mineral rights to more key properties and initiating strategic joint ventures. For more information visit: www.strategicminingcorp.comAbout World Market Media
WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor's Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies. For more information visit: www.worldmarketmedia.com - The Global Online Investment Community!Safe Harbor: No assurance can be given that past or similar results of precious metal mining will be indicative of future results. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The “Act”). In particular, when used in the preceding of discussion, the words “pleased,” “plan,” “confident that,” “believe,” “expect,” or “intent to” and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company’s products and technologies, competitive factors, the ability to successfully complete additional financings and other risks in the company’s SEC reports and filings.
Contact:
Strategic Mining Corporation
Jan Moir
+1 705 361 3533
janm@investorvalue.com
www.strategicminingcorp.com
World Market Media
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