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Canada Strategic Metals Inc
Symbol CJC
Shares Issued 70,939,155
Close 2015-09-28 C$ 0.03
Market Cap C$ 2,128,175
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Canada Strategic, Matamec sample 45.9 g/t Au at Sakami

2015-09-30 11:12 ET - News Release

Also News Release (C-MAT) Matamec Explorations Inc

Mr. Jean-Sebastien Lavallee of Canada Strategic reports

NEW GOLD ZONE GRADING UP TO 45.9 G/T AU IN GRAB SAMPLE DISCOVERED ON THE SAKAMI PROJECT

Canada Strategic Metals Inc. and Matamec Explorations Inc. have released the results of their summer exploration program on the Sakami project. The program consisted of geological and geophysical surface work in two separate areas, the JR and Peninsule areas.

The first area worked on was the JR area, where detailed mapping and sampling were carried out. This was followed by geochemical and magnetic-electromagnetic geophysics surveying on the Peninsule area. A total of 303 grab samples of rock were collected from the two areas and sent to the ALS laboratory in Val d'Or to be assayed for gold. This work resulted in the discovery of a new gold zone in the Peninsule area that returned up to 45.9 grams per tonne Au in grab samples (the grab samples are selective by nature and are unlikely to represent the average grade of the deposit; see map on the website). The new showing coincides with a geophysical anomaly demonstrating a strong magnetic low, as well as being at the junction of several faults. The new gold zone is also located on the contact between the Laguiche (Opinaca) sediments and the La Grande volcanic belt, similar to the Zone 25 gold zone in the La Point area. Work will be needed to fully assess the size of the showing, but the initial work appears to indicate a zone of several tens of metres. The magnetic and electromagnetic geophysical survey in the Peninsule area also highlighted several other magnetic anomalies associated with conductors. Some of these anomalies are considered priorities and will be followed up in future work programs. The results of the geochemical soil survey (B horizon) across the Peninsule area with systematic sampling at 50-metre intervals on lines spaced 100 metres apart will be released as soon as they have been received and compiled. A total of 728 samples were collected and sent to the ALS laboratory to be assayed for gold and indicator minerals.

  TABLE OF RESULTS OVER 0.1 G/T AU

Grab sample No.  Area        Au (g/t)

123823           Peninsule       45.9
123825           Peninsule       2.04
123826           Peninsule      1.165
123828           Peninsule      0.612
123824           Peninsule      0.272
123827           Peninsule      0.186
575917           Peninsule      0.168
647231           JR              5.36
647314           JR             1.425
647217           JR             1.155
647118           JR             0.407
647077           JR             0.397
647310           JR             0.392
647075           JR             0.281
647224           JR             0.274
647065           JR              0.23
647044           JR             0.164
647019           JR             0.157
647243           JR             0.149
647236           JR             0.124
647232           JR              0.11
647017           JR             0.109

Channel    From     To   Length       Area      Au
name        (m)    (m)      (m)              (g/t)


R1            0      1        2  Peninsule   0.173
              1      2                       0.327
R2            0      1        3  Peninsule   0.025
              1      2                       0.045
              2      3                       0.127
R3            0      1        2  Peninsule   0.383
              1      2                       0.741

The goal of the summer program was to follow up on the various gold showings identified in the past in the JR area, which returned grades of up to 61.37 g/t Au (see press release dated Oct. 24, 2013). The program was also aimed at the planning of future drilling work in this area. Work on the Peninsule area was aimed at generating new targets and possibly identifying new showings.

The 2015 drilling program was managed by Consul-Teck Exploration of Val d'Or, Que., which designed and supervised the program, and logged and sampled the core.

The samples were delivered, in secure tagged bags, directly to the analytical facility for analysis, in this case the ALS Minerals laboratory facility in Val d'Or, Que. The samples were weighed and identified prior to sample preparation. All samples were analyzed by fire assay with AA (atomic absorption) 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, 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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