Mr. Jean-Sebastien Lavallee of Canada Strategic reports
CANADA STRATEGIC METALS HITS MULTIPLE MINERALIZED ZONES IN ONGOING DRILLING AT THE SAKAMI GOLD PROJECT
Canada Strategic Metals Inc. and Matamec Explorations Inc. have begun a new drilling program a few days ago at the Sakami gold project.
The program is aimed at increasing the size of the main gold zone (zone 25) to the west-northwest, as well as its extension at depth. Zone 25 is in the La Pointe sector of the Sakami property. Once this program is complete, zone 25 will have been tested over a strike length of more than 200 metres and to a depth of over 425 metres along its plunge. The holes are spaced at 50 metres. A map of the new holes and holes still to be drilled can be found on the company's website.
Five diamond drill holes have been completed to date. All the holes intersected zone 25, with widths ranging from 7.3 metres to 19.85 metres. The mineralized intersections consist of a silicified biotite paragneiss containing 1 per cent to 10 per cent pyrite-arsenopyrite.
The company expects to complete the current drilling program by April 15, 2014. The core is now being logged and sampled and will then be sent to the laboratory for assaying. The company will release the assay results as soon as they are received and compiled. A table of all the mineralized intersections from the recent program is shown in the attached table, along with previous drill results.
TABLE OF MINERALIZED INTERSECTIONS
FROM THE MOST RECENT DRILLING
Hole No. Length(i) From To Description
(m) (m) (m)
PT-13-73 7.30 163.00 170.30 Silicified paragneiss,
1% to 5% arsenopyrite
PT-13-74 19.85 231.60 251.45 Silicified paragneiss,
1% to 5% arsenopyrite
PT-13-75 13.30 268.70 282.00 Silicified paragneiss,
1% to 5% arsenopyrite
PT-13-76 18.90 171.75 190.65 Silicified paragneiss,
1% to 5% arsenopyrite
PT-13-77 In progress
(i) Core length
TABLE OF MINERALIZED INTERSECTIONS
FROM THE RECENT DRILLING CAMPAIGN
Hole No. From To Length(i) Au
(m) (m) (m) (g/t)
PT-13-64 68.85 69.90 1.05 1.27
171.00 171.50 0.50 3.62
PT-13-65 112.50 138.00 25.50 3.03
Including 126.00 138.00 12.00 4.00
PT-13-66 109.95 125.40 15.45 1.18
PT-13-67 126.90 154.85 27.95 3.78
Including 132.25 154.85 22.60 4.01
Including 138.00 145.00 7.00 7.21
PT-13-68 200.50 221.00 20.50 2.77
Including 201.65 215.00 13.35 3.23
Including 201.65 205.00 3.35 4.71
278.25 281.10 2.85 2.82
294.00 297.00 3.00 1.70
PT-13-69 213.05 226.50 13.45 1.32
PT-13-70 78.75 99.00 20.25 1.27
Including 78.75 86.00 7.25 2.22
PT-13-71 49.10 51.65 2.55 2.06
PT-13-71 102.00 121.50 19.50 2.97
Including 107.40 121.50 14.10 3.78
Including 112.00 121.50 9.50 3.95
PT-13-72 112.50 130.40 17.90 2.24
Including 112.50 119.00 6.50 3.65
(i) Core length; the company estimates the true
width of the mineralized zone at 80 per cent
to 95 per cent of the core length.
The 2013 drilling program was managed by Consul-Teck Exploration of Val d'Or, Que., which designed the drilling campaign, supervised the program, and logged and sampled the core.
Consul-Teck Exploration implemented quality assurance/quality control procedures to ensure best practices in core sampling and analysis. The drill core was logged and then split, with one-half sent for assay and the other retained in the core box as a witness sample. Duplicates, standards and blanks were inserted regularly into the sample stream.
The samples in secure tagged bags were delivered directly to the analytical facility for analysis. In this case, the analytical facility was Bourlamaque Ltee.'s laboratory in Val d'Or, Que. The samples are weighed and identified prior to sample preparation. All samples are analyzed by fire assay with AA finish on a 30-gram sample (0.01 to 10 parts per million gold), with a gravimetric finish for assays over 10 parts per million gold.
Jean-Sebastien Lavallee (OGQ No. 773), geologist, shareholder, and president and chief executive officer of the company, and a qualified person under National Instrument 43-101, has reviewed and approved the technical content of this release.
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