Strategic Elements Reorganized
StrategX Elements Corp., a mining company with a proven track record of success, is forging ahead with its critical minerals exploration projects in the underdeveloped regions of Nunavut and the Northwest Territories. The flagship project, Nagvaak, located on the Melville Peninsula, is at the forefront of this endeavour [1].
StrategX's Nagvaak project has recently made significant strides, with the mobilisation of key logistics and the establishment of a field base camp. This summer, an extensive exploration programme is underway, aiming to unlock the project's potential for nickel, vanadium, cobalt, copper, molybdenum, silver, platinum group metals (PGMs), and most notably, graphite [1]. The graphite discovery, StrategX's crown jewel, is set to be further verified through an ongoing 2025 drill campaign, with the objective of expanding and better defining the deposit [1][2][4].
The company's focus on critical minerals aligns with Canada's commitment to achieving net-zero emissions by 2050. StrategX's objectives include contributing to securing Canada's supply chain for these key metals, thereby supporting both the global green energy transition and national economic and environmental objectives [1].
StrategX's exploration efforts are underpinned by operational efficiency and community partnerships. These strategies aim to mitigate risks associated with remote mining operations and permitting, crucial factors in realising long-term project success [2]. The company's emphasis on community engagement is evident in its approach to Nagvaak, where local communities are integrated into the project from the outset [3].
The federal government's new critical minerals strategy has been welcomed by the Mining Association of Canada, reflecting the industry's recognition of the importance of these minerals for the clean energy transition [5]. The Canadian government has identified six priority critical minerals: lithium, graphite, nickel, cobalt, copper, and rare earth elements (REEs). In response, they have allocated a C$3.8-billion budget to develop the country's critical minerals industry [6].
StrategX's additional projects are also moving towards exploratory drilling, with exploration campaigns aimed at identifying priority targets [7]. The company's assets cover a total of 170,000 hectares, with 110,000 hectares in the Northwest Territories and 60,000 hectares in Nunavut [8].
Darren Bahrey, CEO of StrategX, brings a wealth of experience to the table. Throughout his career, he has been involved in numerous discoveries, most notably with Placer Dome [9]. StrategX's assets in Nunavut are particularly significant, as the province's natural resources industry is responsible for 41.2 percent of its GDP [10].
As StrategX advances its critical minerals exploration projects, it is poised to play a pivotal role in providing Canada with the minerals needed to meet its net-zero emissions targets by 2050. The company's efforts could also contribute to the creation of a new critical minerals province in a promising and underdeveloped region [1][2].
References: [1] StrategX Elements Corp. (2025). StrategX Elements Corp. Advances Critical Minerals Exploration in Canada's Arctic. Retrieved from https://www.strategx.ca/news/strategx-elements-corp-advances-critical-minerals-exploration-in-canadas-arctic
[2] StrategX Elements Corp. (2025). StrategX Elements Corp. Announces Drill Program at Nagvaak. Retrieved from https://www.strategx.ca/news/strategx-elements-corp-announces-drill-program-at-nagvaak
[3] StrategX Elements Corp. (2025). StrategX Elements Corp. Prioritizes Community Engagement. Retrieved from https://www.strategx.ca/news/strategx-elements-corp-prioritizes-community-engagement
[4] StrategX Elements Corp. (2024). StrategX Elements Corp. Raises $4.5 Million for Nagvaak Project. Retrieved from https://www.strategx.ca/news/strategx-elements-corp-raises-4-5-million-for-nagvaak-project
[5] Mining Association of Canada (2023). Mining Association of Canada Welcomes Federal Government's Critical Minerals Strategy. Retrieved from https://www.mining.ca/en/news/mining-association-canada-welcomes-federal-governments-critical-minerals-strategy
[6] Government of Canada (2023). Canada Announces $3.8 Billion Investment in Critical Minerals. Retrieved from https://www.canada.ca/en/news/news/release/2023/03/canada-announces-3-8-billion-investment-in-critical-minerals.html
[7] StrategX Elements Corp. (2025). StrategX Elements Corp. Moves Additional Projects Toward Exploratory Drilling. Retrieved from https://www.strategx.ca/news/strategx-elements-corp-moves-additional-projects-toward-exploratory-drilling
[8] StrategX Elements Corp. (2023). StrategX Elements Corp. Reports Q1 2023 Results. Retrieved from https://www.strategx.ca/news/strategx-elements-corp-reports-q1-2023-results
[9] StrategX Elements Corp. (2023). StrategX Elements Corp. Appoints Darren Bahrey as CEO. Retrieved from https://www.strategx.ca/news/strategx-elements-corp-appoints-darren-bahrey-as-ceo
[10] Government of Nunavut (2022). Nunavut's Natural Resources Industry. Retrieved from https://www.gov.nu.ca/en/statistics/economic-indicators/natural-resources-industry
- StrategX's focus on critical minerals, such as graphite, aligns with environmental-science efforts to combat climate-change, as these minerals are key components in data-and-cloud-computing and technology for renewable energy solutions.
- With the ongoing drill campaign for the graphite deposit at Nagvaak, StrategX is making significant strides in the finance sector, contributing to Canada's goal of securing its supply chain for these essential minerals, thereby supporting both global green energy transition and national economic and environmental objectives.
- As the Nagvaak project progresses, the company will need to leverage technology and industry advancements in data-and-cloud-computing to analyze and interpret the geological data gathered, facilitating the efficient exploration and mining of critical minerals like graphite.
