On Monday October 17, 2011, an announcement of conducting a successful metallurgical test on gold and silver samples collected at the Company’s chief Nat Son property, located in northern Vietnam was made by STRATEGIC MNG CORP. (OTC:SMNG).
Strategic Mining Corp aims to develop itself as a significant developer of gold properties in Vietnam.
Mr. Robert Marvin, Strategic’s independent consulting geologist, of Red Rock Geoservices, had collected the gold and silver samples while conducting a two week geological study of the Nat Son property.
ALS Chemex of Vancouver, Canada, had initially assessed the tested samples procured from one of the Nat Son’s diverse exposed gold veins. The test results of the samples brought into light that it consisted of up to 21.8 grams per tonne of gold, and up to 99.9 grams per tonne of silver.Mr. Richard Kunter in Englewood, Colorado, had executed further metallurgical analysis and recovery tests upon the tested samples.
Strategic’s upcoming endeavor is to concentrate on the expansion of its property base in Vietnam by acquisition and by entering into joint venture as well. At present, the company is planning to work on more exploration and development programs on its several gold and silver properties in Vietnam.
Shares of SMNG climbed 25.45% to close at $0.0350.
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