DALLAS, TEXAS : StockGuru announces that Strategic Mining Corp. (OTCBB: SMNG) is in the StockGuru Spotlight. Strategic Mining Corporation engages in the exploration and development of gold properties in Vietnam, the United States, and Africa. It primarily focuses on Nat Son gold property, which is located on the Kim Boi deposit in Hoa Binh province, northern Vietnam. The company was formerly known as Gold Coast Mining Corp. and changed its name to Strategic Mining Corporation in November 2009. Strategic Mining Corporation was founded in 1995 and is based in Toronto, Canada.
On Thursday, the company put out news announcing that the Boart Longyear LF 70 diamond core angular drill rig arrived in Vietnam on February 28. The company plans to begin the drilling program outlined by company geologist, Hassan Alief, in the 43-101 report within 30 days. The acquisition of the LF 70 diamond core drill rig on a Morooka track system is an important step for the continued development of the Ba Dinh gold property in Vietnam. The completion of the drilling program is necessary to define the gold reserves and to give the exact locations where to begin the mining operations.
Shares for Strategic Mining Corp. (OTCBB: SMNG) were down during the late afternoon of Thursday and closed slightly down at closing.
To view our StockGuru Spotlight on Strategic Mining Corp. (OTCBB: SMNG), please visit: http://www.stockguru.com/category/latest-spotlights/
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