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Canadian Metals Inc.
Summary
| Project: | Langis | |
|---|---|---|
| Deposit: | Langis | |
| Location: | Canada | |
| Commodities: | Silica | |
| Date: | 12/20/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-12-2017: Canadian Metals Inc. announces a Resource Estimation report for its Langis deposit at the Langis project. Updated pit-constrained mineral resource estimate. December 20, 2017. Montréal, Québec – Canadian Metals Inc. (The ‘‘Company’’) (CSE : CM | |
| Resources: | (Resource, M+I): 7.6Mt @ 98.96% SiO2 | |
| CP/QP: | [Resources]: Claude Duplessis (GoldMinds Geoservices Inc.) | |
| ABSTRACT: | December 20, 2017. Montréal, Québec – Canadian Metals Inc. (The ‘‘Company’’) (CSE : CME) is pleased to announce that the Company has received an updated Mineral Resource Estimate for its 100%-owned Langis Silica Property near Amqui, Quebec. The updated resource calculation, accompanied by a revised interpretation and Block Model for the entire area drilled at Langis to date, is the most significant update since the Company’s initial works of 2013. It underscores the continuous nature of the sedimentary rocks at Langis where recent infill drilling and extension to the north-east suggests that there could be even more sandstone with grade of interest in extension and at depth of the actual mineral resource area. The Langis project is fully permitted for initial mining of 674,000 tonnes of pit-constrained resources. The mineral resources incorporates the new 533m of drilling in 16 holes of 2017. Note that mineral resources are not mineral reserves and do not have demonstrated economic viability. However, the reported mineral resources are considered by the qualified persons to have reasonable prospects for economic extraction as per CIM 2014 definitions. | |
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