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Canada Strategic Metals Inc.
Summary
| Project: | Sakami | |
|---|---|---|
| Deposit: | Sakami | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/31/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 31-5-2018: Canada Strategic Metals Inc. announces an Exploration/Drilling Update report for its Sakami deposit at the Sakami project. Drilling results incl. 63.0m @ 1.10g/t Au from 295.50m. Montréal, May 31, 2018 – Canada Strategic Metals Inc. (“Canada St | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jean-Sebastien Lavallee (Internal) | |
| ABSTRACT: | Montréal, May 31, 2018 – 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 results from the first five (5) holes of the 2018 winter drilling campaign on the Sakami project. A total of 7,295 m of drilling was completed in 21 drill holes (PT-18-107 to PT-18-127, see location map below). The campaign successfully extended the known mineralized area to the west and at depth. These holes included some infill drilling. The first five holes intersected Zone 25 and increased the size of the project’s mineralized area. Hole PT-18-111 extends Zone 25 at depth to the west side by approximately 30 m from the deepest elevation on section 2+00W with a grade and width similar to the above interception in hole PT-17-102. This result supports the potential for higher grade mineralization at depth. The deepest intersection from previous drilling was in hole PT-15-89 and PT-15-90 on section 0+50W. Highlights of the drill results are presented in the table below. The winter 2018 drilling program was designed based on the recommendations presented in the NI 43-101 technical report prepared by SGS Canada Inc. for Canada Strategic and Matamec with a date of issue of November 24, 2017 . The report is available on Sedar’s web site at www.sedar.com. The program was managed by Consul-Teck Exploration of Val-d'Or, Quebec who supervised the program and logged and sampled the core. 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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