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CAT Strategic Metals Corp C.CAT

Alternate Symbol(s):  CATTF

CAT Strategic Metals Corporation is a Canada-based mineral exploration company focused on the acquisition and exploration of Strategic North American mineral projects. The Company’s projects include Gold Jackpot, Burntland, South Preston and Kamativi. The flagship project is the Kamativi Tailings Lithium Project, which is located in the Republic of Zimbabwe. The Gold Jackpot project is situated in the prolific Elko District in northeastern Nevada. This project spans 535 hectares and 64 consolidated claim packages. The Burntland property is located near Saint-Quentin, New Brunswick (NB) and 26 kilometers off of Highway 17 near Kedgwick, NB. The South Preston Uranium Property is located in the southwest area of Canada’s Athabasca Basin and spans across 29,395 hectares.


CSE:CAT - Post by User

Bullboard Posts
Post by spearheadon Jan 06, 2006 1:34pm
317 Views
Post# 10122689

TNS to Drill Gold Bar...

TNS to Drill Gold Bar...Tone Resources Limited (the "Company") 2244 West 32nd Street Vancouver, B.C. Canada V6L 2B2 Toll Free: 1-888-737-2454 Tel: (604) 263-5614 Fax: (604) 263-8415 Website: www.ToneResources.com January 5, 2006 Trading Symbol: TNS/TSXV TONE RESOURCES TO DRILL GOLD BAR NORTH PROJECT LOCATED ON THE BATTLE MTN – EUREKA (“CORTEZ”) TREND Scott D. Baxter, President and CEO of Tone Resources Limited (“the Company”), is pleased to announce the pending drilling of the Company’s Gold Bar North Project. The Project is located to the north and on strike with Atlas’ Gold Bar gold deposit on the Battle Mtn – Eureka (“Cortez”) Trend. The Company’s Gold Bar North project is located on trend with and 6 to 9 kilometers north-northwest of Atlas’ Gold Bar mine. The Company’s Gold Bar North (GBN) claim group is comprised of 19 claims staked in September, 2003. This claim group was surrounded by 113 claims staked by Trend Resources, LLC early in 2004. Magee Geophysical Services was contracted in December 2004 to conduct a 100 X 150meter grid gravity survey covering the Company’s Gold Bar North property. This gravity survey conducted for the Company was a part of a broader area program. A report providing gravity data results and an analysis of the data was completed by Wright Geophysics, Inc. in January, 2005. Comments from the Wright Geophysics Inc. report include: “Most obvious in the (regional) gravity data is the strong linear trend connecting the Cortez and Gold Bar deposits. Along this trend are a number of gold deposits. Indeed, this alignment of deposits defines the BATTLE MTN – EUREKA gold trend.” “At both (Atlas’) Gold Bar and the (Gold Bar North) property, prominent gravity highs occur well removed from the range front.” “…north-northwest trending structures at Gold Bar extend across Kobeh Valley directly into the property.” Jim Wright also noted, “The Gold Bar deposits and the (Gold Bar North) property have similar relationships to intrusive bodies. As noted, this is a desirable situation for gold mineralization.” “ The gravity over the property is robust exhibiting a dynamic range exceeding 10 mgals. Two gravity highs are noted which produce extreme gradients. Structural offsets juxtaposing strongly contrasting densities are indicated.” Jim Wright, Wright Geophysics, recommended 6 sites on the Company’s Gold Bar North as drill target tests. Four of the sites on the Company’s property test the prospective north-northwest linear structural zone indicated by the “extreme (gravity) gradients.” The drill target opportunity is a Carlin-style sedimentary-hosted gold deposit. The Company currently has 4 drill sites permitted and bonded for drilling. Tone Resource’s business is to seek out, acquire, and explore gold opportunities in the north-central region of Nevada. Including the Gold Bar North property, the Company currently has eight projects located within the major gold trends of north-central Nevada. 16,401,632 SHARES OUTSTANDING The above is subject to regulatory approval. ON BEHALF OF THE BOARD OF DIRECTORS Scott Baxter, President Contact: Scott Baxter, President, Email: scott.baxter@shaw.ca North America Toll Free: 1-888-737-2454, Tel: 604-263-5614, Fax: 604-263-5610 Website: www.ToneResources.com DC Mathewson, Vice President of Exploration for Tone Resources Ltd, pursuant to provision to national policy 43-101 who has reviewed the contents is the qualified person for the Company, a professional geologist registered in the state of California (# 4024), and former Manager of Exploration for Newmont Mining Company’s Great Basin and Carlin Trend exploration programs between 1994 and 2001. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
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