Canada Strategic Metals Hits 26.68 g/t Au Over 2 Metres in Channelling at Sakami
16 Dezember 2013 - 9:02PM
Marketwired
Canada Strategic Metals Hits 26.68 g/t Au Over 2 Metres in
Channelling at Sakami
MONTREAL, QUEBEC--(Marketwired - Dec 16, 2013) - Canada
Strategic Metals Inc. ("Canada Strategic Metals" or the "Company")
(TSX-VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) and Matamec
Explorations Inc. (TSX-VENTURE:MAT)(OTCQX:MHREF) are pleased to
announce the results of their September-October 2013 exploration
program. The program consisted of channel sampling of some
previously stripped areas, as well as a soil geochemistry survey.
The very positive results have confirmed the potential of the JR
and De l'Ile areas for the discovery of new showings and resulted
in the identification of new drill targets. The table below shows
the results of channel sampling, as well as results of some of the
chip samples taken from Showing 9.6.
Sakami grab sample results:
Sample # |
Au ppm 0.01 Py-SAA Au |
Au g/t 0.10 PYRO-GRAV |
Zone |
588196 |
8.11 |
|
Showing 9.6 |
588197 |
9.35 |
|
Showing 9.6 |
588198 |
> 10.0 |
62.92 |
Showing 9.6 |
588200 |
9.06 |
|
Showing 9.6 |
*Grab samples are
selective by nature and unlikely to represent the average grade of
a deposit. Sakami channel sampling results:
Channel name |
Zone |
Sample # |
Length (m) |
Au ppm 0.01 Py-SAA Au |
|
Au g/t 0.10 PYRO-GRAV |
Au (g/t)/ length(m) |
Channel 1 |
Showing 9.6 |
588159 |
1.0 |
1.54 |
|
|
1.54/1m |
Channel 6 |
Showing 9.6 |
588181 |
1.0 |
1.27 |
|
|
5.305/2m |
588182 |
1.0 |
9.34 |
|
|
Channel 6 |
Showing 9.6 |
588189 |
1.0 |
3.19 |
|
|
3.19/1m |
Channel 2 |
Showing 43 |
588010 |
1.0 |
3.56 |
|
|
3.56/1m |
Channel 3 |
Showing 43 |
588017 |
1.0 |
1.05 |
|
|
1.05/1m |
Channel 3 |
Showing 43 |
588022 |
1.0 |
8.44 |
|
|
8.44/1m |
Channel 13 |
Showing 43 |
588149 |
1.0 |
4.43 |
|
|
26.68/2m |
588150 |
1.0 |
> 10.0 |
|
49.93 |
All the samples were sent for analysis in sealed containers to
the Bourlamaque Ltee. laboratory in Val-d'Or by employees of the
Company. The samples are weighed and identified prior to sample
preparation. All samples are analysed by fire assay with AA finish
on a 30g sample (0.01-10 ppm Au), with a gravimetric finish for
assays over 10 ppm Au.
Mapping of the results of the geochemical survey and selection
of the grades over 0.1 ppm Au in the soil indicate four main gold
anomalies (see figure at the following link: www.csmetals.ca).
Other anomalous elements were considered subsequently for values
higher than three standard deviations above the mean.
The Company is also announcing that it has dropped its options
on the Champagne and North Shore package properties based on
further assessment and current market conditions.
Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder and
President and Chief Executive Officer of the Company and a
Qualified Person under NI 43-101, has reviewed and approved the
technical content of this release.
About Matamec Explorations
Matamec Explorations Inc. is a mining exploration company whose
focus is developing the Kipawa HREE deposit with TRECan, with the
goal of supplying Toyota with HREEs for the production of hybrid
and electric cars. The company is exploring 35km of strike length
in the Kipawa Alkalic complex for rare
earths-yttrium-zirconium-niobium-tantalum mineralization on its
Zeus property. Matamec is also exploring for gold at its Matheson
joint-venture property, which is located along strike and in close
proximity to the Hoyle Pond mine in Timmins, Ontario. In Quebec,
the company is exploring for lithium and tantalum on its Tansim
property and for precious and base metals on its Sakami, Valmont
and Vulcain properties. For more information, please visit
www.matamec.com.
About Canada Strategic Metals
Canada Strategic Metals is an emerging company focused on the
exploration and development of a number of projects covering over
60,000 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.
For more information on the Company, please visit
www.csmetals.ca.
Neither the
TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release.
Jean-Sebastien Lavallee, P. GeoPresident & Chief Executive
Officer819-354-5146Paradox Public Relations514-341-0408
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