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Enter Symbol
or Name
USA
CA



Canada Strategic Metals Inc
Symbol CJC
Shares Issued 66,157,905
Close 2015-02-02 C$ 0.07
Market Cap C$ 4,631,053
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Canada Strategic Metals acquires Au property

2015-02-03 10:01 ET - News Release

Mr. Jean-Sebastien Lavallee reports

STRATEGIC METALS ACQUIRES A NEW PROPERTY NEAR THE DISCOVERY OF POLYMETALLIC BOULDERS BY VISIBLE GOLD MINES

Canada Strategic Metals Inc. has acquired, by map designation, a new property for its gold-bearing potential. The new 2,114-hectare property is 100 per cent owned by Canada Strategic Metals and is located about five kilometres northwest of the 167 extension property, where Visible Gold Mines recently discovered several boulders containing gold, silver, copper and zinc mineralization.

The property was acquired by map designation following a compilation of all the information available from the Ministry of Energy and Natural Resources and an assessment of the glacial train aimed at identifying the potential in situ source of the boulders identified by Visible Gold Mines. The compilation also indicated that the property covers a strong southwest-northeast magnetic anomaly crossed by a northwest-southeast major structure. The junction of these two structures is located right in the middle of the newly acquired property, named the New gold project. The company plans to do further compilation work on the project and set a work program for the summer of 2015.

A location map for the recently acquired New gold property can be found on the company's website.

Jean-Sebastien Lavallee (OGQ No. 773), geologist, shareholder, chief executive officer of the company, qualified person under National Instrument 43-101, has reviewed and approved the technical content of this release.

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