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Canada Strategic Metals Inc.
Summary
| Project: | Sakami | |
|---|---|---|
| Deposit: | La Pointe - Zone 25 | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/6/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-9-2016: 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. 48.55m @ 2.52g/t Au from 203.60m. Montreal, Quebec – Se | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jean-Sebastian Lavallée (Internal) | |
| ABSTRACT: | Montreal, Quebec – September 6, 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 latest drill results for the Sakami property. Drilling on the Northwest extension of Zone 25 (main zone) has returned an intersection of 4.94 g/t Au over 21.05 metres within a wide gold-bearing intersection of 2.52 g/t Au over 48.55, from Hole PT-16-92 (see table below). Once again, the drill results for the Northwest extension confirmed the extension of Zone 25 and tend to indicate higher gold grades in the extension. The program consists 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. See drilling figure below. The Company will release the results of holes PT-16-93 to PT-16-99 as soon as they are received and compiled. 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. | |
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