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Canada Strategic Metals Inc.
Summary
| Project: | Sakami | |
|---|---|---|
| Deposit: | La Pointe - Zone 25 | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/8/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-9-2016: 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. 27.00m @ 1.87g/t Au from 252.00m. Montreal, Quebec – Se | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jean-Sebastian Lavallée (Internal) | |
| ABSTRACT: | Montreal, Quebec – September 8, 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 1.87 g/t Au over 27.00 metres including 3.14 g/t Au over 5.00 metres and 2.67 g/t over 6.00 metres, from hole PT-16-93 (see table below). The result from PT-16-93 together with PT-16-91 and PT-16-92 confirm that Zone 25 increases in thickness and grade to the northwest. This lens remains wide open in this direction and we are very keen to test the continuity of this thick zone with relatively consistent gold mineralization in the next drill campaign. The very thick intervals and their relative position suggest a possible merging of Zone 22 and 25 in this direction as illustrated on figure 4. The drilling of PT-16-96 and 97 confirms the mineralization trend to the extreme south west, and the lack of significant assay results in the remaining drill holes testifies to the complex geology occurring at this apparent fold nose on the La Pointe Peninsula. | |
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