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Montreal, Quebec – March 21, 2016 – Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) is pleased to report the results of its sampling exploration program on the Apple Project. The program consisted of prospecting and sampling surface work over the Apple property.
The prospecting and geological survey was planned to follow up on historical results obtained in the past by Virginia Gold Mines and Canico Resource Corp. The program was a success, with the discovery of multiple new zones assaying up to 5.28 g/t gold, 95 g/t silver, 0.81% copper, 1.71% lead, 1.83% zinc and 576 ppm cobalt. The Company is currently compiling all historical work and new results to follow up next summer with an exploration program on the Apple property that may include diamond drilling. A total of 291 samples were collected and sent to the ALS and Bourlamaque laboratory to be assayed for gold and indicator minerals. The table below shows the best results for the program.
Table of best results (ii)
| Grab sample # | Easting | Northing | Au g/t | Ag g/t | Co ppm | Cu % | Ni % | Pb % | Zn % |
|---|---|---|---|---|---|---|---|---|---|
| R647404 | 368225 | 5894021 | 0.074 | 8.4 | 9 | <0.1 | <0.1 | <0.1 | 0.39 |
| R647405 | 368237 | 5894022 | 0.131 | 48.2 | 5 | <0.1 | <0.1 | 0.736 | <0.1 |
| R647406 | 368166 | 5894070 | 0.324 | 76.2 | 46 | 0.807 | <0.1 | <0.1 | <0.1 |
| R647421 | 367062 | 5893976 | 0.019 | 0.7 | 55 | 0.125 | <0.1 | <0.1 | <0.1 |
| R647427 | 367817 | 5894006 | 0.033 | 14.7 | 38 | <0.1 | <0.1 | 0.155 | <0.1 |
| R647428 | 367792 | 5894025 | 0.147 | 95 | 22 | <0.1 | <0.1 | 1.71 | 1.825 |
| R647429 | 367705 | 5894034 | -0.005 | 1.2 | 191 | <0.1 | 0.186 | <0.1 | <0.1 |
| R647431 | 367712 | 5894035 | 0.147 | 19 | 99 | 0.365 | <0.1 | 0.114 | 0.232 |
| R647436 | 367765 | 5894421 | 0.985 | 0.3 | 4 | <0.1 | <0.1 | <0.1 | <0.1 |
| R647446 | 367445 | 5894481 | 0.468 | 0.2 | 20 | <0.1 | <0.1 | <0.1 | <0.1 |
| R647447 | 367449 | 5894503 | 0.938 | -0.2 | 20 | <0.1 | <0.1 | <0.1 | <0.1 |
| R647453 | 367038 | 5894596 | 0.215 | 0.3 | 48 | <0.1 | <0.1 | <0.1 | <0.1 |
| R647461 | 366291 | 5894856 | 0.055 | 1.7 | 567 | 0.174 | <0.1 | <0.1 | <0.1 |
| R647464 | 366303 | 5894851 | 0.049 | 1.4 | 43 | 0.193 | <0.1 | <0.1 | <0.1 |
| R647471 | 364493 | 5893852 | -0.005 | -0.2 | 109 | <0.1 | 0.183 | <0.1 | <0.1 |
| R647472 | 364410 | 5893783 | 0.008 | 1 | 68 | 0.225 | <0.1 | <0.1 | <0.1 |
| R647724 | 364545 | 5895353 | 0.019 | 1.2 | 23 | 0.123 | <0.1 | <0.1 | <0.1 |
| R647725 | 364184 | 5895047 | 0.009 | -0.2 | 119 | <0.1 | 0.173 | <0.1 | <0.1 |
| R647551 | 368990 | 5894103 | 0.005 | 0.2 | 7 | <0.1 | <0.1 | <0.1 | 0.162 |
| R647620 | 367033 | 5894813 | 0.253 | -0.2 | 16 | <0.1 | <0.1 | <0.1 | <0.1 |
| R647621 | 366829 | 5894809 | 0.114 | -0.2 | -1 | <0.1 | <0.1 | <0.1 | <0.1 |
| R647672 | 365615 | 5895400 | 0.021 | 1.2 | 140 | 0.221 | <0.1 | <0.1 | 0.282 |
| R647680 | 365542 | 5893297 | 1.95 | 1.5 | 488 | 0.288 | <0.1 | <0.1 | 1.12 |
| R647684 | 365418 | 5894049 | 0.023 | 0.5 | 39 | <0.1 | <0.1 | <0.1 | 0.154 |
| R647686 | 364986 | 5893781 | 1.16 | 0.7 | 5 | <0.1 | <0.1 | <0.1 | <0.1 |
| I740006 | 373426 | 5889799 | 5.28 |
The goal of the program was to complete an initial evaluation of the potential of the mineralized zone on the Apple property and also follow up on the showings identified in the past by Virginia Gold Mines and Canico Resource Corp., which returned grades of up to 23.8 g/t Au, 13.25% copper and 9.5% zinc. The program was also aimed at the planning of future drilling work in this area.
The 2015 sampling program was managed by Consul-Teck Exploration of Val-d’Or, Quebec, who designed and supervised the program.
The samples were delivered, in secure tagged bags, directly to the analytical facility for analysis, in this case the ALS Minerals and Bourlamaque laboratory facility in Val-d’Or, Quebec. The samples are weighed and identified prior to sample preparation. All samples are analyzed by fire assay with AA finish on a 30g sample (0.005-10 ppm Au) and ICP-41 for the other elements. Value over 10,000 ppm were re-assays by OG-46.
Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder, President and Chief Executive Officer 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 20,000 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.
Jean-Sébastien Lavallée, P. Geo
President and Chief Executive Officer
819-354-5146
Paradox Public Relations
514-341-0408
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.
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