Drill Results Cdn Strategic, Matamec drill 63 m of 1.1 g/t Au
2018-05-31 12:33 ET - News Release
Also News Release (C-MAT) Matamec Explorations Inc
Mr. Jean-Francois Meilleur of Canada Strategic reports
CANADA STRATEGIC METALS AND MATAMEC INTERSECT 3.08 G/T AU OVER 15 M AND 5.31 G/T AU OVER 4.5 M ON THE SAKAMI PROPERTY
Canada Strategic Metals Inc. and Matamec Explorations Inc. have released the results from the first five holes of the 2018 winter drilling campaign on the Sakami project. A total of 7,295 metres of drilling was completed in 21 drill holes (PT-18-107 to PT-18-127, see location map available on-line). The campaign successfully extended the known mineralized area to the west and at depth. These holes included some infill drilling.
Figures associated with this news release are available on-line.
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 two plus 00W, with a grade and width similar to an 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 holes PT-15-89 and PT-15-90 on section 0 plus 50W. Highlights of the drill results are presented in the associated table.
MINERALIZED INTERSECTIONS FROM 2018 WINTER DRILL PROGRAM Hole From To Length * Au (m) (m) (m) (g/t) PT-18-107 250.50 256.50 6.00 1.31 Including 253.50 256.50 3.00 1.74 PT-18-107 264.00 265.50 1.50 1.28 PT-18-107 289.50 291.00 1.50 1.49 PT-18-108 285.00 313.50 28.50 0.62 Including 304.50 313.50 9.00 1.13 Including 309.00 313.50 4.50 1.46 PT-18-108 319.50 325.50 6.00 1.23 PT-18-109A 295.50 358.50 63.00 1.10 Including 300.00 315.00 15.00 3.08 Including 304.50 309.00 4.50 5.31 Including 304.50 310.50 6.00 4.81 PT-18-111 385.50 390.00 4.50 3.25 PT-18-111 399.00 400.50 1.50 1.27 PT-18-111 415.50 418.50 3.00 2.42 PT-18-111 445.50 450.00 4.50 1.14 PT-18-119 115.50 117.00 1.50 1.09 PT-18-119 124.50 136.50 12.00 1.49 PT-18-119 142.50 151.50 9.00 1.34 PT-18-119 163.50 165.00 1.50 1.15 * Length along the core. True thickness ranges from 70 per cent to 95 per cent of the drilled length.
The winter 2018 drilling program was designed based on the recommendations presented in the National Instrument 43-101 technical report prepared by SGS Canada Inc. for Canada Strategic and Matamec with an issue date of Nov. 24, 2017. The report is available on SEDAR. The program was managed by Consul-Teck Exploration of Val d'Or, Que., which supervised the program and logged and sampled the core.
Consul-Teck Exploration implemented quality assurance/quality control 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.
The samples were delivered in secure tagged bags directly to the analytical facility for analysis, in this case the ALS Minerals laboratory facility in Val d'Or, Que. The samples were weighed and identified prior to sample preparation. All samples are analyzed by fire assay with AA finish on a 30-gram sample (0.005 parts per million to 10 ppm Au), with a gravimetric finish for assays over 10 ppm Au.
Jean-Sebastien Lavallee (OGQ No. 773), geologist, shareholder, executive chairman and exploration manager of the company, and a qualified person under National Instrument 43-101, has reviewed and approved the technical content of this release.
About Canada Strategic Metals Inc.
Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 57,084 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.
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