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Canada Strategic Metals Inc.
Summary
| Project: | Sakami | |
|---|---|---|
| Deposit: | La Pointe - Zone 25 | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/18/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-5-2017: Canada Strategic Metals Inc. announces an Exploration/Drilling Update report for its La Pointe - Zone 25 deposit at the Sakami project. JV with Matamec Explorations - drilling results incl. 28.70m @ 1.96g/t Au from 311.6m. Montreal, Quebec – Ma | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jean-Sebastian Lavallée (Internal) | |
| ABSTRACT: | Montreal, Quebec – May 18, 2017 - Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) and Matamec Explorations Inc. (TSX-V: MAT, OTC-QX: MHREF) are pleased to announce the first results from the most recent drilling program on the Sakami property, of which the two companies each own 50%. A total of seven holes have been drilled for a total of 2,925 m of drilling. The program was design to extend the known mineralized body to the west. Drilling in 2017 suggests that the mineralization is thicker and locally richer in that direction. It also confirms the relatively consistent orientation of the mineralization, which allows for more aggressive step-outs of 90m. To date, the Company has received and compiled the assay results for the two first holes, PT-17-100 and PT-17-101. These holes were planned to test the extension of the mineralized zone to the west and northwest, as well as down dip. Both holes returned wide gold-bearing intersections, with 1.96 g/t Au over 28.70 metres from Hole PT-17-101, including 4.11 g/t over 7.90 metres, and 0.75 g/t over 30.00 metres from Hole PT-17-100. These results once again confirm the extension of the gold corridor to the west. | |
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