Strategic Minerals Corporation NL announced the results of the third and final batch of four reverse circulation (RC) drill holes, totaling 706 metres, from the infill drill program at the Big Vein South (BVS) prospect in the Woolgar Project, including: LR0325: 1 metres at 9.63 g/t gold from 72 to 73 metres and 3 metres at 0.87 g/t gold from 96 to 99 metres. LR0326: 3 metres at 0.42 g/t gold from 88 to 91 metres and 59 metres at 1.27 g/t gold from 96 to 155 metres, including 9 metres at 4.31 g/t gold from 145 to 154 metres. LR0327: 21 metres at 3.45 g/t gold from 134 to 155 metres. LR0328: 8 metres at 2.13 g/t gold from 137 to 145 metres. These continue the focus on infilling and testing for near-surface extensions in the existing BVS resource2. All drillholes intersected with mineralisation. Two of the four holes are located immediately adjacent to the central "Crossover" sector. LR0325 (along with diamond hole LD0323) infilled between previous, strong mineralisation, and the inferred cross-cutting fault bounding the Crossover to the south and beneath weakly mineralised, near-surface drillholes. Closer spaced drilling was required here since the resource cannot be extrapolated across the fault. These are intended to improve the geological control for modelling the mineralisation, and potentially permit the upgrading of Inferred resource and Exploration Potential to Indicated or above. LR0326 fulfilled a similar role immediately north of the northern bounding fault. The final two holes infill in areas of wider spaced drilling in the northern sector (previously Big Vein Central). LR0327 and LR0328 infilled specific gaps identified in the previous exploration drilling that require testing to facilitate Resource Modelling. In total, 22 RC and 8 diamond (DD) holes were drilled for a total of 6,332 metres during 2017. The results announced here constitute the final RC drill holes. The results of the eight diamond-drill (DD) holes are expected to be available in the second quarter. The 2017 program includes both RC and diamond drilling aimed at fulfilling multiple technical objectives, which are required to make an initial assessment of the viability of the BVS resource: The RC program comprised 4,720 metres in 22 drillholes; Twenty of these are infill holes in the Crossover Sector to decrease the existing hole spacing to both upgrade the category of the existing resource, if justified, and increase the confidence and precision of the resource modelling. The shallower drillholes also tested the potential for near-surface mineralisation. These generally intercepted relatively narrow and low-grade mineralisation, confirming that the high-grade material does not reach surface in this sector. Two additional holes infill in the northern portion of the existing resource (Big Vein Central), testing potentially open mineralisation between broader-spaced drillholes. The DD phase comprised eight holes for 1,612 metres with most holes designed to generate information in support of at least two programs: Geotechnical, Metallurgical and Waste Rock Management, as well as Resource Definition. Some DD holes were selectively extended at depth to provide additional geotechnical and geochemical information. Additional contracting staff and facilities were required to execute the DD phase in order to ensure its successful completion prior to the onset of the wet season. The Metallurgical program has two main objectives: Detailed test work of the high to medium grade zones for potential CIL processing; Test the suitability of the extensive lower grade envelop for heap leach processing which potentially has a significant economic impact on the early mine life. The eight diamond holes have all been submitted for additional technical procedures prior to geochemical analysis. The results are expected in the second Quarter of 2018. This is later than originally expected due to an equipment failure at one of the external laboratories. Sampling for metallurgical and acid rock drainage studies will be conducted along-side the geochemical sampling. All results, along with the geotechnical study, will be incorporated into an updated resource estimation which is likely to occur once all the available information has been received and processed.