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or Name
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Canada Strategic Metals Inc
Symbol CJC
Shares Issued 69,739,155
Close 2015-04-14 C$ 0.085
Market Cap C$ 5,927,828
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Cda Strategic, Matamec drill 54.5 m of 1.29 g/t Au

2015-04-15 10:01 ET - News Release

Also News Release (C-MAT) Matamec Explorations Inc

Mr. Jean-Sebastien Lavallee of Canada Strategic reports

CJC.V REPORTS WIDE GOLD-BEARING INTERSECTIONS, WITH RESULTS OF UP TO 1.47 G/T AU OVER 45.5 METRES, INCLUDING 3.84 G/T AU OVER 7.5 METRES AND 1.29 G/T AU OVER 54.5 METRES

Canada Strategic Metals Inc. and Matamec Explorations Inc. have released results from the recent drilling program on the Sakami gold project. These new results confirm the extension to the northwest of the zone 25 envelope of gold mineralization. The program consisted of seven holes for a total of 2,025 metres of drilling.

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 250 metres and to a depth of over 500 metres along its plunge. A surface map showing drill hole locations and sections can be found on the company's website.

To date, the company has received the assay results for the two first holes, PT-15-84 and PT-15-85, drilled during the March, 2015, program. These holes were planned to test the extension of the mineralized zone to the west and northwest, as well as downdip. Both holes returned wide gold-bearing intersections, including 1.29 grams per tonne gold over 54.50 metres, including 3.03 g/t over 6.50 metres and 2.50 g/t Au over 7.50 metres from hole PT-15-84; and 1.47 g/t over 45.50 metres, including 3.84 g/t Au over 7.50 metres and 1.74 g/t Au over 11.00 metres from hole PT-15-85. All mineralized intersections and gold assay results received to date from the recent program are shown in the table.

"We are very pleased to once again report positive results from new drilling on the Sakami project during the latest exploration program," said Jean-Sebastien Lavallee, chief executive officer of Canada Strategic Metals. "The intersection of more than 45 metres with significant gold grades augers well for future drilling in the extension of the zone. It is also very encouraging to see higher-grade zones within the wider intersections."

The company will release the results for the remaining holes as soon as they have been received and compiled.

    TABLE OF MINERALIZED INTERSECTIONS FROM THE RECENT DRILLING PROGRAM

Hole                    From            To              Length            Au
                          (m)           (m)                 (m)         (g/t)

PT-15-84              169.00        223.50               54.50          1.29
Including             169.00        175.50                6.50          3.03
Including             210.00        217.50                7.50          2.50
PT-15-85              148.50        194.00               45.50          1.47
Including             148.50        156.00                7.50          3.84
Including             183.00        194.00               11.00          1.74

Length is core length; the company estimates the true width of the 
mineralized zone at 70 to 90 per cent of the core length.

The 2015 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 sampling and analysis of the core samples. 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 were delivered, in secure tagged bags, directly to the analytical facility for analysis, in this case ALS Minerals laboratory facility 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 (0.005 to 10 parts per million Au), with a gravimetric finish for assays over 10 ppm Au.

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

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