Strategic Metals Appoints Vice President of Energy Development
STRATEGIC METALS APPOINTS VICE PRESIDENT
OF ENERGY DEVELOPMENT
Vancouver, B.C. – January 15, 2026 – Strategic Metals Ltd. (TSX -V: SMD) (“Strategic”) is
pleased to announce the appointment of Sam Wallingham as the Vice President of Energy
Development. Mr. Wallingham has been involved in the mineral exploration and mining industry
for most of his working life. He brings extensive experience and knowledge in community affairs,
First Nations governance, training and negotiations to Strategic.
For the past 25 years Mr. Wallingham has worked across the Yukon with several exploration
companies as a community affairs director and manager, a negotiator, and a personnel and training
manager, and has acted as an advisor to both First Nations and exploration companies. Mr.
Wallingham was one of the founding directors on the Alexco Resource Corp. board , prior to its
acquisition by Hecla Mining Company. He has also served on the Yukon Minerals Advisory Board
and the Yukon Water Board, as a Yukon Government appointee.
“We are very pleased to welcome Sam to senior management at Strategic Metals ”, stated W.
Douglas Eaton, the President of Strategic . “Mr. Wallingham’s extensive experience and close
contacts with Yukon First Nations and the Yukon Territorial Government make him uniquely
qualified to assist Strategic in developing state-of-the-art, electrical generation alternatives to meet
Yukon’s growing power demand by using coal from the Division Mountain project . We look
forward to Sam’s well balanced guidance as we enter into discussions with various First Nations,
local communities and the Yukon Territorial Government related to the proposed Division
Mountain energy project.”
Division Mountain Project
The Division Mountain Project offers Yukon a local solution to the Territory’s energy needs while
it transitions to longer term green energy sources. Division Mountain’s known coal resources
could produce enough electricity to satisfy projected medium-term demand on the current Yukon
power grid and at one or more of the rapidly advancing, off-grid Yukon mining projects.
The Division Mountain Project covers a 370 km2 area of coal-bearing stratigraphy in southwestern
Yukon, approximately 90 km northwest of Whitehorse (Figure 1). The property is accessible via
a 31 km four -wheel drive road originating from the Klondike Highway near the community of
Braeburn. Exploration at Division Mountain, which has occurred intermittently since 1972,
includes: 10.4 km of excavator trenching; 12,230 m of diamond drilling in 72 holes; 2 ,536 m of
reverse-circulation (RC) drilling in 27 holes; and 125 m of rotary -air-blast (RAB) drilling in 4
holes. This work has outlined a current NI 43-101 compliant resource of 52.5 million tonnes (Mt)
of high Volatile “B” Bituminous coal.
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The Division Mountain coal deposit has been explored over a 6.5 by 1.5 km southeast -trending
area. Most of the coal occurs in the Middle to Upper Jurassic Tanglefoot Formation Upper
Member, which was deposited in a complex deltaic environment. As there are no natural exposures
of coal in the Division Mountain area, bedrock coal occurrences have been located by trenching
and drilling in areas where loose coal fragments are found in soil or where coal -bearing
stratigraphy has been traced along strike. The deposit itself remains open to the north, west and
southeast, and numerous coal discoveries elsewhere on the property have received little work.
The Division Mountain deposit is located 20 km west of a major electrical transmission line that
runs parallel to the Klondike Highway and is ideally situated to provide feedstock to a local power
plant. A copy of the Division Mountain Technical Report is available on Strategic’s website
at strategicmetalsltd.com/projects/division-mtn-coal.
Technical information in this news release has been approved by Strategic’s Vice President
Exploration, Jackson Morton, P.Geo., a qualified person as defined under the terms of National
Instrument 43-101.
About Strategic Metals Ltd.
Strategic is a project generator with 16 royalty interests, 12 projects under option to others, and a
portfolio of 83 wholly owned projects that are the product of over 50 years of focussed exploration
and research by a team with a track record of major discoveries. Projects available for option, joint
venture or sale include drill -confirmed prospects and drill -ready targets with high -grade surface
showings and/or geochemical anomalies and geophysical features that resemble those at nearby
deposits.
Strategic has a current cash position of approximately $1.4 million and large shareholdings in
several active mineral exploration companies including 32% of Broden Mining Ltd., 30.4% of
GGL Resources Corp., 28% of Rockhaven Resources Ltd., 15.5% of Silver Range Resources Ltd.,
and 4.3% of Trifecta Gold Ltd. All these companies are engaged in promising exploration projects.
Strategic also owns 15 million shares of Terra CO2 Technologies Holdings Inc. (“Terra”), a private
Delaware corporation developing a cos t-effective alternative to Portland cement, which recently
broke ground on its first low -carbon cementitious materials facility in Cleburne Texas following
the closing of a US$124.5M financing.
ON BEHALF OF THE BOARD
“W. Douglas Eaton”
President and Chief Executive Officer
For further information concerning Strategic or its various exploration projects please visit our
website at www.strategicmetalsltd.com or contact:
Corporate Information
Strategic Metals Ltd.
W. Douglas Eaton
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President and C.E.O.
Tel: (604) 688-2568
Investor Inquiries
Richard Drechsler
V.P. Communications
Tel: (604) 687-2522
NA Toll-Free: (888) 688-2522
https://www.strategicmetalsltd.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release.
This news release may contain forward looking statements based on assumptions and judgments
of management regarding future events or results that may prove to be inaccurate as a result of
exploration and other risk factors beyond its control, and actual results may differ materially from
the expected results.
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Figure 1 – Division Mountain Project location along with Yukon sources of electrical power
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