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Canada Strategic Metals Inc
Symbol CJC
Shares Issued 102,927,246
Close 2018-05-31 C$ 0.105
Market Cap C$ 10,807,361
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Cda Strategic, Matamec drill 63 m of 1.1 g/t Au in Que.

2018-05-31 12:33 ET - News Release

Also News Release (C-MAT) Matamec Explorations Inc

Mr. Jean-Francois Meilleur of Canada Strategic reports

CANADA STRATEGIC METALS AND MATAMEC INTERSECT 3.08 G/T AU OVER 15 M AND 5.31 G/T AU OVER 4.5 M ON THE SAKAMI PROPERTY

Canada Strategic Metals Inc. and Matamec Explorations Inc. have released the results from the first five holes of the 2018 winter drilling campaign on the Sakami project. A total of 7,295 metres of drilling was completed in 21 drill holes (PT-18-107 to PT-18-127, see location map available on-line). The campaign successfully extended the known mineralized area to the west and at depth. These holes included some infill drilling.

Figures associated with this news release are available on-line.

The first five holes intersected zone 25 and increased the size of the project's mineralized area. Hole PT-18-111 extends zone 25 at depth to the west side by approximately 30 m from the deepest elevation on section 2 plus 00W, with a grade and width similar to an interception in hole PT-17-102. This result supports the potential for higher-grade mineralization at depth. The deepest intersection from previous drilling was in holes PT-15-89 and PT-15-90 on section 0 plus 50W. Highlights of the drill results are presented in the associated table.

MINERALIZED INTERSECTIONS FROM 2018 WINTER DRILL PROGRAM
 
Hole           From        To    Length *     Au
                 (m)       (m)       (m)    (g/t)

PT-18-107    250.50    256.50      6.00     1.31          
Including    253.50    256.50      3.00     1.74          
PT-18-107    264.00    265.50      1.50     1.28          
PT-18-107    289.50    291.00      1.50     1.49          
PT-18-108    285.00    313.50     28.50     0.62          
Including    304.50    313.50      9.00     1.13          
Including    309.00    313.50      4.50     1.46          
PT-18-108    319.50    325.50      6.00     1.23          
PT-18-109A   295.50    358.50     63.00     1.10          
Including    300.00    315.00     15.00     3.08          
Including    304.50    309.00      4.50     5.31          
Including    304.50    310.50      6.00     4.81          
PT-18-111    385.50    390.00      4.50     3.25          
PT-18-111    399.00    400.50      1.50     1.27          
PT-18-111    415.50    418.50      3.00     2.42          
PT-18-111    445.50    450.00      4.50     1.14          
PT-18-119    115.50    117.00      1.50     1.09          
PT-18-119    124.50    136.50     12.00     1.49          
PT-18-119    142.50    151.50      9.00     1.34          
PT-18-119    163.50    165.00      1.50     1.15

* Length along the core. True thickness ranges 
from 70 per cent to 95 per cent of the drilled length.
 

The winter 2018 drilling program was designed based on the recommendations presented in the National Instrument 43-101 technical report prepared by SGS Canada Inc. for Canada Strategic and Matamec with an issue date of Nov. 24, 2017. The report is available on SEDAR. The program was managed by Consul-Teck Exploration of Val d'Or, Que., which 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 the ALS Minerals laboratory facility in Val d'Or, Que. The samples were weighed and identified prior to sample preparation. All samples are analyzed by fire assay with AA finish on a 30-gram sample (0.005 part per million to 10 ppm Au), with a gravimetric finish for assays over 10 ppm Au.

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 57,084 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.

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