Mr. Jean-Sebastien Lavallee of Canada Strategic Metals reports

CANADA STRATEGIC METALS REPORTS NEW WIDE GOLD-BEARING INTERSECTIONS, WITH RESULTS OF UP TO 2.30 G/T AU OVER 26.35 METRES, INCLUDING 5.18 G/T AU OVER 4.80 METRES...

Canada Strategic Metals Inc. and Matamec Explorations Inc. are releasing the first results from the recent drilling program on the Sakami gold project. These new results confirm the extension to the west, northwest and at depth of the zone 25 envelope of gold mineralization. The program consisted of 11 holes for a total of 2,913 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 200 metres and to a depth of over 425 metres along its plunge. The holes are spaced at 50 metres. 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 three first holes, PT-13-73 to PT-13-75, drilled during the December program. These holes were planned to test the extension of the mineralized zone to the west and northwest, as well as down dip. All three holes returned wide gold-bearing intersections, including 1.46 grams per tonne gold over 21.85 metres from hole PT-13-73; 2.16 grams per tonne gold over 12.00 metres, 2.30 grams per tonne gold over 26.35 metres, 3.80 grams per tonne gold over 8.80 metres and 5.18 grams per tonne gold over 4.80 metres from hole PT-13-74; and 2.40 grams per tonne gold over 7.15 metres from hole PT-13-75. All mineralized intersections and gold assay results from the recent program received to date are shown.

"We are very pleased to once again report positive results from recent drilling on the Sakami project during the latest exploration program," said Jean-Sebastien Lavallee, president and chief executive officer of Canada Strategic Metals. "We are looking forward to receiving the results for the eight other holes drilled during the program."

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

                                         To  Length (i)         Au
Hole No.                From (m)        (m)         (m)      (g/t)

PT-14-73                  150.65     172.50       21.85       1.46
PT-14-73 including        160.50     172.50       12.00       2.16
PT-14-74                  237.65     264.00       26.35       2.30
PT-14-74 including        243.70     252.50        8.80       3.80
PT-14-74 including        247.70     252.50        4.80       5.18
PT-14-75                  274.05     281.20        7.15       2.40

(i) Core length; the company estimates the true width of the 
mineralized zone at 80 per cent to 95 per cent of the core length. 

The 2014 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 core sampling and analysis. 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 in secure tagged bags were delivered directly to the analytical facility for analysis. In this case, the analytical facility was the Bourlamaque Ltee. laboratory 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 (0.01 part per million to 10 parts per million Au), with a gravimetric finish for assays over 10 parts per million Au.

Jean-Sebastien Lavallee (OGQ No. 773), geologist, shareholder, and 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.