Strategic Minerals — Redmoor – Programme Update

(LSE:SML) Strategic Minerals has completed over 7,500 metres of infill drilling across 13 holes, representing 11 of the 42 planned infill holes at the Redmoor project. A total of 728 samples from four holes have been submitted for assay. An additional 155 samples from hole CRD054 are currently in transit for assay. Hole CRD054 has visually intersected SVS-style veining and wolframite/chalcopyrite mineralisation within the underlying granite downdip of modelled high-grade domains. The company notes that if assays confirm these intersections, there could be an expansion of resource upside. The drilling programme is reported to be on time and within budget. Strategic Minerals is preparing an updated Mineral Resource Estimate for the Redmoor project. The company is also initiating advanced metallurgical testwork to support a future Feasibility Study. The current JORC Inferred resource at Redmoor stands at 17.40 million tonnes at 0.49% WO3 (tungsten trioxide). The equivalent grade is 0.65% WO3 Eq. The drilling and sampling activities are part of a broader effort to upgrade and expand the resource base. The company has completed 11 of the planned 42 infill holes to date. The submission of samples for assay is ongoing as drilling progresses. The presence of SVS-style veining and wolframite/chalcopyrite is considered significant for potential resource growth. The company is focused on maintaining the programme within budget and schedule. The updated Mineral Resource Estimate and metallurgical testwork are key steps towards a future Feasibility Study. The Redmoor project's current resource figures are based on the JORC Inferred category.