Teslin Tlingit Council (TTC) and Strategic Metals Ltd. announced the signing of the Access and Exploration Agreement. The Agreement aims at improving communication between Strategic and TTC as well as developing a respectful relationship based on cooperation and responsible exploration activities on TTC's Traditional Territory in the Yukon. This Agreement also provides a framework for consultation for all exploration activities undertaken by Strategic on TTC Traditional Territory in the Yukon except for TTC's Settlement Land.

Other key objectives of the Agreement include: providing business and employment opportunities to TTC, Citizens and TTC businesses; establishing environmental monitoring mechanism to oversee exploration activities; establishing a committee composed of the Parties to discuss matters related to exploration and oversee the implementation of the Agreement; and, setting a framework for long term consultation as well as the negotiation of a more comprehensive project specific agreement if exploration activities are successful. Strategic currently holds 6 projects within the TTC Traditional Territory in the Yukon including the Hidden and Obvious Tungsten projects, the Byng and Grayling Gold projects, and the Con and Convert Silver-lead-zinc projects. Consultation is expected to begin at the earliest stages of exploration and continue throughout the duration of the projects.