Proactive Investors - Run By Investors For Investors
Why invest in SOR?
Strategic Elements Ltd: DEEP DIVE
OVERVIEW

Strategic Elements continues to advance dual focus on IoT and resources

It has an Internet of Things data ink along with Pilbara ground prospective for conglomerate gold.
This Nanocube Memory Ink targets the global multi-billion dollar printed electronics market
OVERVIEW: SOR The Big Picture
Nanocube Memory Ink targets the global multi-billion dollar printed electronics market
  • Features management experienced at birthing companies and projects
  • Houses a number of its projects in wholly-owned subsidiaries
  • Owns a diverse range of opportunities that might attract buyers
  • UNSW aims to demonstrate the company’s data-printing nanotechnology ink
  • It has conglomerate exploration ground in the Pilbara near Mark Creasy, which Novo Resources tried to grab last year

What does Strategic Elements do?

Strategic Elements Ltd (ASX:SOR) is a pooled development fund that exposes investors to high-risk potentially-high-reward opportunities in the technology and resources space in Australia. It is run by its founder Charles Murphy, a fund manager who has formed and listed companies. In his career, he has organised joint ventures and alliances for multi-million-dollar investment opportunities and boasts a collaboration with General Electric Company (NYSE:GE) (FRA:GEC) (SWX:GE) (ETR:GEC) among his achievements.

What does Strategic Elements own?

The key asset is an ink known as Nanocube Memory Ink - nanotechnology held by Strategic Element’s wholly-owned subsidiary Advanced Materials Pty Ltd.

The technology is being optimised by a known participant in the emerging technology industry, the University of New South Wales with the School of Materials Science and Engineering Professor Sean Li had inventing the ink.

Strategic Elements and UNSW now plan to specifically optimise the ink for flexible, transparent materials, signing an agreement to develop ways to demonstrate the applications.

The November collaboration came after device engineers at CSIRO laboratories greatly enhanced the rate of measurement of Nanocube Ink memory cells by developing a semi-autonomous testing code.

Demand for uncommon forms of memory storage is being driven by the IoT (Internet of Things) push, where some devices retain data in their memory rather than push it into the cloud.

Strategic Element’s Nanocube Memory Ink is under development to print or coat flexible surfaces such as glass or plastic, or non-silicon transparent surfaces, with data that can be stored and retrieved at a later date.

The Western Australian company’s investors are also exposed to the prospectivity of its home state’s resources industry, with its holding of a number of mining exploration projects.

Among these is its conglomerate gold project E 45/5285 in the state’s Pilbara region, home of the Pilbara Gold Rush.

The East Pilbara project is part of a wider portfolio of projects known as the Pilbara Gold Projects, which also includes West Pilbara holdings.

The projects are housed in wholly-owned subsidiary Maria Resources.

Strategic Elements pipped Novo Resources and another privately held company at the post in the December quarter when grabbing the East Pilbara exploration ground during a Marble Bar ballot process run by the WA Government.

The E 45/5285 exploration ground near Marble Bar that Strategic Elements won is home to Mt Roe Basalt and lower Hardey Formation conglomerates — ground that has hosted conglomerate mineralisation at other properties in the Pilbara region.

It is flanking by landholdings held by a Mark Creasy associated company.

A licence to mine E 45/5285 has been applied for but will be subject to another ballot.

Novo Resources has been reassessing East Pilbara opportunities aided by the understanding it gained in the West Pilbara region.

Last August, Strategic Resources undertook reconnaissance sampling for conglomerate gold conducted in an area of Hardey Formation where slightly anomalous gold in soil and streams had been detected while conglomerate units were identified within the formation.

The West Rocklea Dome prospect sampling results graded up to 9, 18 and 283 ppb gold, supporting the anomalous soil values of between 112 and 343 ppb reported by previous explorers at the prospective ground.

Another WA project in the Officer Basin, renamed Behemoth project from its original name of Ilkurkla project, was the subject of an extension survey to an induced polarisation (IP) survey over its buried magnetic ring feature.

IP survey reporting is pending but pre-drilling exploration suggests a potential sulphide mineral deposit, with drilling planned to test defined targets.

The survey aims to detect potential buried zones of sulphides for potential deposits of nickel, copper, gold and platinum group elements (PGEs).

Strategic Elements also holds a 252 square kilometre historic goldfield on New Zealand’s South Island that has been almost untouched for modern explorers for more than 100 years.

Known as the Golden Blocks, it features historic gold workings and a 2.5-kilometre gold corridor, a shuttered gold mine and last reported assays from 1932 grading 663.8 g/t gold over 0.75 metres including 5,324.5 g/t over 0.25 metres.

Strategic Elements used $677,000 in the December quarter on operating activities, including $442,000 for project development, to end the year holding $3 million cash.

Inflection points

  • Demonstration of prospectivity of Pilbara and Officer landholdings in WA

  • Success being balloted a licence for E 45/5285 in the Pilbara region
  • UNSW successes demonstrating the company’s nanotechnology ink

  • Exploration and successes at New Zealand gold ground

Managing director Charles Murphy pleased with Pilbara gold holdings

“We are at a very early stage with the Pilbara gold projects but there are some very encouraging signs,” Strategic managing director Charles Murphy said.

“There are clearly a number of different styles of gold mineralisation around the Rocklea dome, from lode gold to signs of conglomerate gold.

“The conglomerate gold story is still unfolding in the Pilbara and it is important to leverage knowledge from what the leading companies are doing. It was very pleasing to recently win the East Marble Bar ballot for some exploration ground containing promising geology related to conglomerate gold.”

View full SOR profile View Profile

Strategic Elements Ltd Timeline

Related Articles

Lithium on table of elements
April 05 2019
The McDermitt Lithium Project features a high-grade ETR of 20-80 million tonnes at 2100-2600 ppm.
Archer quantum computing technology
April 16 2019
As part of its advanced materials strategy, the company is progressing a graphite-to-graphene beneficiation strategy.
Fort Cady Borate Project in Southern California
March 11 2019
The company has a strategic cooperation agreement with a borate consumer subsidiary of Sinomach.

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use