Montreal, Quebec – August 24, 2016 – Canada Strategic Metals Inc. (“Strategic Metals” or the “Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) is pleased to announce the appointment of Dwayne Melrose as Director of the Corporation.
“We are very pleased to have Mr. Melrose joining the Canada Strategic’s team, commented Jean-Sébastien Lavallée, President and CEO of Canada Strategic Metals. Mr. Melrose’s experience in taking projects from exploration through development stage will provide great benefits for Canada Strategic Metals and its shareholders. He has respect within the capital markets in both North America and Europe, which will provide further benefits. The appointment of Dwayne as a Director is an asset to the long term strategic plan of the Company “.
Mr. Melrose has over 30 years’ experience in the mining industry where he has been very successful in advancing the companies from exploration into development stage. As President/CEO of True Gold Mining Inc., True Gold progressed from an exploration (pre-Preliminary Economic Assessment) company into a fully permitted and financed company that was in mine construction, in just over 3 years. Mr. Melrose was instrumental in re-focusing the project from a high Capex project into a low Capex high margin, heap leach project.
He spent plus twenty years with Cameco Corporation/Centerra Gold Inc. in Canada, the USA, Kyrgyzstan and Kazakhstan. Mr. Melrose was responsible for the exploration team and all programs at the Kumtor Gold Mine in the Kyrgyz Republic where he was responsible for the discovery of the high grade SB Zone, which significantly increased the reserves and resources at the mine.
Mr. Melrose joined the Minco Mining Group in 2007, where the company successfully progressed from exploration into development stage and greatly increased in shareholder value. Mr. Melrose was directly responsible for defining the Fuwan silver deposit (157 million ounces).
The Corporation has granted Mr. Melrose 200,000 stock options, each of which entitles its holder to acquire one common share for $0.205 until August 24, 2021.
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.
Jean-Sébastien Lavallée, P. Geo
Chief Executive Officer
Paradox Public Relations
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.
- June 21, 2019 Quebec Precious Metals grants stock options
- June 18, 2019 Quebec Precious Metals: Message from the CEO
- June 05, 2019 Quebec Precious Metals Corporation extends La Pointe deposit at depth to 600 m and on strike to 900 m
- May 31, 2019 Quebec Precious Metals appoints Mario Caron, Dominique Dionne and Charles Main to its Board of Directors
- May 23, 2019 Quebec Precious Metals provides update on monetizing non-core assets
- May 06, 2019 Quebec Precious Metals and its partner Lomiko report intercept of 116.9 m of 4.80% including 15.2 m of 18.04% and 47.3 m of 7.56% including 11.3 m of 17.45% flake graphite on its non-core high grade La Loutre asset
- April 30, 2019 Quebec Precious Metals Corporation: strong copper-gold potential of the Blanche and Charles projects near the recent Mythril copper-gold discovery, James Bay region, Quebec
- April 24, 2019 Quebec Precious Metals and its partner Lomiko report intercept of 87.9 m of 7.14% including 21.0 m of 15.48% flake graphite on its non-core high grade La Loutre project
- April 23, 2019 Quebec Precious Metals extends previously announced new near-surface drill discoveries at Sakami including 1.27 g/t Au over 15 m and 4.66 g/t Au over 3.5 m
- March 26, 2019 Quebec Precious Metals drills new near-surface gold discoveries at Sakami including 14.20 g/t Au over 2.0 m and 5.05 g/t Au over 5.06 m
- February 14, 2019 Quebec Precious Metals updates the drilling at its Sakami gold project
- January 21, 2019 Quebec Precious Metals Corporation intersects 4.78 g/t Au over 6.0 m at Sakami, extending the gold mineralization on strike, and starts winter drilling campaign
- 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