CAT Strategic Metals Corp C.CAT

Alternate Symbol(s): CATTF

Metals & Mining Industrial Metals & Minerals

CAT Strategic Metals Corporation is a Canadian resource exploration and development company, which is focused on the acquisition and development of strategic global mineral projects, primarily lithium, copper, gold, silver and tellurium. The Company's projects include South Preston Uranium Project, Gold Projects, and New Brunswick Project. Its South Preston Uranium Project is comprised of approximately 29,395 hectares. The South Preston Uranium Property is located in the southwest area of Canada's Athabasca Basin, which is known to host some of the highest-grade uranium deposits. Its Gold Projects include Gold Jackpot and Rimrock. The Gold Jackpot is a highly mineralized region with multiple outcrops that assay high-grade silver, gold, and tellurium. The unpatented lode claims of the Gold Jackpot Property are located in Elko, Nevada, United States. The New Brunswick Property is comprised of approximately 1,200 hectares located in the county of Restigouche, New Brunswick, Canada.

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CAT Strategic Metals Corp

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Post by TechnicalBuyon Feb 04, 2006 11:58pm

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Post# 10313080

Multimillion oz find

So Staccato is sitting on about 450,000 oz based on old (historical) inferred resource. They then find deeper higher grade gold AND they start finding it well outside the original pit in hole #3. So now CAT has already shown that the resource will be expanded at depth and away from the original pit. Barrick Ruby hill 7 km away produced 700,000 already and has another 1,000,000 but now Barrick is going back to look deeper as well. Anyone know the cost of production at Ruby Hill or any similar Nevada play? It looks like CAT may be sitting on a multi-million oz discovery and Barrick is next door. TB

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