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Canada Strategic Metals Inc.
Summary
| Project: | Sakami | |
|---|---|---|
| Deposit: | Sakami | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/22/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-5-2018: Canada Strategic Metals Inc. announces an Exploration/Drilling Update report for its Sakami deposit at the Sakami project. Summary of property and previous exploration undertaken on property. SGS Canada Inc.’s Geostat consulting Group (“SGS”) h | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Olivier Vadnais-Leblanc, Claude Bisaillon, Daniel Leroux (SGS Canada Inc.) | |
| ABSTRACT: | SGS Canada Inc.’s Geostat consulting Group (“SGS”) has been retained by Matamec Explorations Inc. (“Matamec”) and Canada Strategic Metal (CSM) to prepare an independent NI 43-101 compliant Technical Report on the Sakami property (“the Property”), located near the town of Radisson in the James Bay area of Québec, Canada. This technical report presents an up to date summary of the geological and drilling programs carried out on the Sakami property since the publication of the 2016 NI 43-101 geological report from Canadian Strategic Metals (“CSM”), specifically the recent exploration and drilling campaign completed in early – mid 2017. The effective date of this SGS report is October 31st, 2017, which is the reception date of the last analytical results from the 2017 drill campaign. The Sakami Property (“Sakami”) consists of a block of 213 contiguous mineral claims totalling 10,737 hectares consisting of several peninsulas and islands in the center of Sakami Lake. Sakami is a joint venture (50%/50%) project between Matamec Explorations Inc. (“Matamec”) and Canadian Strategic Metals (“CSM”). Beginning February 14, 2017, CSM will have an option to acquire an additional 20% (totalling 70%) by completing an independent bankable feasibility study within five (5) years. | |
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