Strategic Metals Ltd. is a Canada-based exploration-stage company. The company's main business activity is the acquisition, exploration and evaluation of mineral properties located in Canada. It also makes selective investments in other resource companies. It operates primarily under the project generative business model. The Company researches and acquires mineral exploration projects, advances those projects to a drill ready stage and then options or sells such projects to other parties. As a project generator, the Company has assembled a portfolio of approximately 118 wholly owned mineral properties in Yukon Territory, British Columbia and western Northwest Territories. The Company also actively manages an equity portfolio consisting of shares received as consideration under various property option and sale transactions, and shares purchased in other resources companies, based on Internal market research.