09:41:47 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Canada Strategic Metals Inc
Symbol CJC
Shares Issued 102,927,246
Close 2018-02-07 C$ 0.115
Market Cap C$ 11,836,633
Recent Sedar Documents

Canada Strategic starts drill program at Sakami

2018-02-08 10:05 ET - News Release

Mr. Jean-Francois Meilleur reports

CANADA STRATEGIC METALS BEGINS A 5,000 METERS DRILL PROGRAM AT SAKAMI GOLD

Canada Strategic Metals Inc. has started the 2018 winter work program at the Sakami gold project. The program will consist of a minimum of 5,000 metres of drilling focusing on the La Pointe area.

Past drill results from the La Pointe area outlined consistent gold mineralization over 700 metres on strike and 450 metres along the plunge to a vertical depth of 300 metres.

Previous drill results highlights from the La Pointe area:

  • 4.94 g/t Au over 21.05 m, including 6.35 g/t Au over 10.55 m (PT-16-92);
  • 4.01 g/t Au over 22.6 m, including 7.21 g/t Au over seven m (PT-13-67);
  • 6.86 g/t Au over 9.6 m, including 9.49 g/t Au over 6.5 m (PT-15-87);
  • 2.51 g/t Au over 48.2 m, including 6.93 g/t Au over 12 m (PT-14-79).

* Core length: the true thickness is between 70 per cent to 95 per cent of the core length.

The mineralization is hosted in a paragneiss with very fine aersenopyrite-pyrrotite mineralization associated with strong silicification. The zone is located at the contact between the La Grande subprovince and Opinaca subprovince. The campaign will focus on testing mineralization at depth and along the strike to the northwest side of the Zone 25.

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

About Canada Strategic Metals Inc.

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 20,000 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

© 2024 Canjex Publishing Ltd. All rights reserved.