Montreal, Quebec – February 8th, 2018 – Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) and Matamec Exploration Inc (TSX.V: MAT) are pleased to announce the beginning of the 2018 winter work program at the Sakami Gold Project. The program will consist of a minimum of 5,000 meters of drilling focusing on the La Pointe area.
Past drill results from the La Pointe area outlined consistent gold mineralization over 700 meters on strike and 450 meters along the plunge to a vertical depth of 300 meters.
PREVIOUS DRILL RESULTS HIGHLIGHTS FROM THE LA POINTE AREA:
4.94 g/t Au over 21.05 m, including 6.35 g/t Au over 10.55 m (PT-16-92)
4.01 g/t Au over 22.6 m, including 7.21 g/t Au over 7.00 m (PT-13-67)
6.86 g/t Au over 9.60 m, including 9.49 g/t Au over 6.50 m (PT-15-87)
2.51 g/t Au over 48.20 m, including 6.93 g/t Au over 12.00 m (PT-14-79)
*Core length; the true thickness is between 70 to 95% of the core length.
The mineralization is hosted in a paragneiss with very fine aersenopyrite-pyrrotite mineralization associated with strong silicification. The zone is located at the contact between the La Grande Sub-Province and Opinaca Sub-Province. The campaign will focus on testing mineralization at depth and along the strike to the north-west side of the Zone 25.
PLANNED DRILL LOCATION MAP
Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder, Executive Chairman and Exploration Manager of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.
About Canada Strategic Metals
Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 22,584 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.
For more information on the Company, please visit www.csmetals.ca.
President and Chief Executive Officer
Paradox Public Relations
Momentum Public Relations Inc.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
- December 13, 2018 Quebec Precious Metals Corporation grants stock options
- December 05, 2018 Quebec Precious Metals Corporation outlines a 2 km anomalous gold trend at Sakami
- November 08, 2018 Debt Settlement
- October 29, 2018 Quebec Precious Metals initiates fall exploration program at Sakami focusing on the La Pointe area
- October 24, 2018 Quebec Precious Metals announces message from CEO
- September 18, 2018 Quebec Precious Metals welcomes you on its website
- September 10, 2018 Quebec Precious Metals intersects 3.22 g/t Au over 31.5 m and 3.59 g/t Au over 27 m at Sakami, extending the gold mineralization on strike by 100 m
- July 12, 2018 Quebec Precious Metals Corporation reports correction to the number of issued and outstanding common shares
- June 28, 2018 Canada Strategic Metals and Matamec close $5.4 million and create Quebec Precious Metals Corporation
- June 19, 2018 Annual and Special Meeting
- June 04, 2018 Canada Strategic Metals and Matamec file joint circular regarding annual and special meetings for shareholder votes on business combination
- May 31, 2018 Canada Strategic Metals and Matamec intersect 3.08 g/t Au over 15 m and 5.31 g/t Au over 4.5 m on the Sakami Property
- April 26, 2018 Strategic Investment by Goldcorp to Create a New Gold Explorer in the Eeyou Istchee James Bay Territory of Quebec with Canada Strategic Metals, Matamec Explorations and Sphinx Resources
- March 01, 2018 Canada Strategic Mobilizes Second Drill & Increases its Drilling Program to 8,000 metres