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 Dave4444on May 09, 2006 6:43pm

612 Views

Post# 10824538

Related to grades, it is unbelievable

that people can own shares in a gold explorer and not know grades. Above ground you want at least 1 gram per ton. Underground it is higher but varies depending on rock and ore structures. However, the average grade being mined worldwide is about 6 to 7 grams per ton underground. However, keep in mind that those mines were started when prices were much lower, at todays prices a lower grade would still be very profitable. The the grade and length in the CAT news release was very good, and should result in an increase in the price.

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