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Canada Strategic Metals Inc
Symbol CJC
Shares Issued 70,939,155
Close 2015-09-23 C$ 0.03
Market Cap C$ 2,128,175
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Cda Strategic, Lomiko drill 90.75 m of 9% Gp at Loutre

2015-09-24 12:42 ET - News Release

Also News Release (C-LMR) Lomiko Metals Inc

Mr. Jean-Sebastien Lavallee of Canada Strategic reports

CANADA STRATEGIC AND LOMIKO DISCOVER A 500+ METRE LONG HIGH GRADE ZONE AT LA LOUTRE WITH ONE INTERCEPT OF 90.75 METRES OF 9% FLAKE GRAPHITE AND MULTIPLE INTERCEPTS OVER 10%

Canada Strategic Metals Inc. and Lomiko Metals Inc. have released the results for 11 exploration holes in the area where high-grade samples were discovered and reported July 29, 2015. The recent drilling campaign on La Loutre Graphite property has highlighted high-grade drill hole intercepts along a 500-metre strike length that is open in all directions.

The La Loutre property consists of contiguous claim blocks totalling approximately 2,867.29 hectares (28.67 square kilometres) situated approximately 53 km east of Imerys carbon and graphite, formerly known as the Timcal graphite mine, North America's only operating graphite mine, and 117 km northwest of Montreal.

                HIGHLIGHTED RESULTS

Hole                  From     To  Length(i)  Gp
                        (m)    (m)     (m)    (%)

LL-15-01              5.90  11.35    5.45  11.65
LL-15-02              4.35   9.60    5.25  14.76
Including             4.35   8.60    4.25  17.69
LL-15-04              4.75  12.50    7.75   7.25
LL-15-09            116.25 207.00   90.75   9.00
Including           136.50 199.30   62.80  11.88
Including           147.00 194.80   47.80  13.66

(i) Length along the core. The company doesn't
have enough information to estimate the true
width of the mineralized zone intersected in the
drill holes.

After the current program is complete, the property will be assessed for a resource and if warranted, a pre-economic assessment. Viable near-surface mineralization reduces the amount of waste rock that needs to be moved, reducing overall cost of the project and reducing environmental impact.

In addition, Lomiko hopes to define material greater than 99.99 per cent graphite crystalline flake to serve as the base material for testing graphite for the ultrapure carbon market, and for conversion to graphene and use in 3-D printing and supercapacitors.

A map of hole localization and results is available on the company's website.

      MINERALIZED INTERSECTIONS IN NEW ZONE

Hole                  From     To  Length(i)  Gp
                        (m)    (m)     (m)    (%)

LL-15-01              5.90  11.35    5.45  11.65
LL-15-02              4.35   9.60    5.25  14.76
Including             4.35   8.60    4.25  17.69
                     91.50  96.00    4.50   2.83
LL-15-03             66.85  79.80   12.95   2.34
                     96.30 100.80    4.50   2.12
LL-15-04              4.75  12.50    7.75   7.25
                     61.70  72.90   11.20   6.07
                     89.10 103.10   14.00   3.66
LL-15-05             49.70  91.80   42.10   4.12
                    118.25 154.35   36.10   5.64
Including           147.50 154.35    6.85  14.64
LL-15-06             50.20  62.70   12.50   5.56
LL-15-07             22.50  28.80    6.30   3.40
LL-15-08                                     NSV
LL-15-09            116.25 207.00   90.75   9.00
Including           136.50 199.30   62.80  11.88
Including           147.00 194.80   47.80  13.66
LL-15-10            110.90 113.00    2.10   2.85
LL-15-11            114.00 115.00    1.00   5.94

(i) Length along the core. The company doesn't 
have enough information to estimate the true 
width of the mineralized zone intersected in the
drill holes.

The 2015 drilling program is 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 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 the ALS minerals in Val d'Or, Que. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70 per cent minus two millimetres, then separated and pulverized to 85 per cent passing 75 microns. All samples are analyzed for carbon graphite using C-IR18.

Jean-Sebastien Lavallee (OGQ No. 773), geologist, shareholder of both companies, president and 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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