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Canada Strategic Metals Inc.
Summary
| Project: | Sakami | |
|---|---|---|
| Deposit: | La Pointe - Zone 25 | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/25/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-8-2016: 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. 64.50m @ 1.62g/t Au from 157.50m. Montreal, Quebec – A | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jean-Sebastian Lavallée (Internal) | |
| ABSTRACT: | Montreal, Quebec – August 25, 2016 - 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 report the results of the first of nine holes completed on the Northwest extension of Zone 25 (main zone) with an intersection of 1.62 g/t Au over 64.50 metres including 2.21 g/t Au over 43.30 metres and 3.46 g/t over 11.50 metres from hole PT-16-91 (see table below). These new results confirm the extension to the Northwest of the Zone 25 envelope of gold mineralization. The program consisted of nine holes for a total of 2,058 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 south 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 300 metres and to a depth of over 500 metres along its plunge. The 2016 drilling program designed with the help of Guy Desharnais, Ph.D, geologist at SGS Canada was managed by Consul-Teck Exploration of Val-d'Or, Quebec who supervised the program and logged and sampled the core. 3 Consul-Teck Exploration implemented QA/QC 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. | |
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