This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Strata Minerals Inc. Completes Native Title Agreement

TORONTO, June 20, 2012 /CNW/ - Strata Minerals Inc. (TSX-V: SMP) ("Strata" or the "Company") is pleased to announce that it has entered into a native title heritage agreement with the Yamatji Marlpa Aboriginal Corporation ("YMAC"). This agreement, part of the consultative process under Australian native title legislation, enables the Western Australian Department of Mines and Petroleum to grant the two exploration tenements applicable to the Phase 1 field work on the Company's 80% owned Cardabia Phosphate Project located near Exmouth in Western Australia (the "Cardabia Project").

Further to the agreement, the Company and YMAC, the designated representative for the Gnulli aboriginal community local to the land surrounding the Cardabia Project, will now conduct a joint site survey of the property to identify aboriginal areas of significance that are to be avoided during the Phase 1 field work.  In parallel to this final phase of the aboriginal approval process, the Company is submitting its Permit of Work to the Department of Mines and Petroleum for approval.  The Company is working to secure the earliest possible date for the site survey, so as to expedite receipt of final approvals.

South Boulder Mines Ltd. maintains a 20% interest in the Cardabia Project and executed the heritage agreement on behalf of the joint venture.

Peter Kozicz, President & CEO of Strata, stated, "We are pleased to reach this milestone, clearing the path for work to begin in earnest on the Cardabia Project. During this permitting period our team in Australia continues to analyze the historical exploration data available on the Cardabia Project. This effort has assisted our preparation for the Phase I field work on the property, increased our understanding of the geology and aided in the selection of our drill hole targets."

"Peter Kozicz"                                                                                                                                         President, CEO

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs