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V.CJC Discovers Multiple New Showings at Apple With Results of Up to 5.28 g/t Gold, 95 g/t Silver, 0.81% Copper, 1.71% Lead, 1.83% Zinc and 567 ppm Cobalt in Grab(ii) Samples

21.03.2016  |  Marketwired

MONTREAL, QUEBEC--(Marketwired - Mar 21, 2016) -

Note to editors: One map is included with this press release on Marketwired's website.

Canada Strategic Metals Inc. ("Canada Strategic Metals" or "the Company") (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) is pleased to report the results of its sampling exploration program on the Apple Project. The program consisted of prospecting and sampling surface work over the Apple property.

The prospecting and geological survey was planned to follow up on historical results obtained in the past by Virginia Gold Mines and Canico Resource Corp. The program was a success, with the discovery of multiple new zones assaying up to 5.28 g/t gold, 95 g/t silver, 0.81% copper, 1.71% lead, 1.83% zinc and 576 ppm cobalt. The Company is currently compiling all historical work and new results to follow up next summer with an exploration program on the Apple property that may include diamond drilling. A total of 291 samples were collected and sent to the ALS and Bourlamaque laboratory to be assayed for gold and indicator minerals. The table below shows the best results for the program.

Table of best results (ii)

Grab sample # Easting Northing Au g/t Ag g/t Co ppm Cu % Ni % Pb % Zn %
R647404 368225 5894021 0.074 8.4 9 <0.1 <0.1 <0.1 0.39
R647405 368237 5894022 0.131 48.2 5 <0.1 <0.1 0.736 <0.1
R647406 368166 5894070 0.324 76.2 46 0.807 <0.1 <0.1 <0.1
R647421 367062 5893976 0.019 0.7 55 0.125 <0.1 <0.1 <0.1
R647427 367817 5894006 0.033 14.7 38 <0.1 <0.1 0.155 <0.1
R647428 367792 5894025 0.147 95 22 <0.1 <0.1 1.71 1.825
R647429 367705 5894034 -0.005 1.2 191 <0.1 0.186 <0.1 <0.1
R647431 367712 5894035 0.147 19 99 0.365 <0.1 0.114 0.232
R647436 367765 5894421 0.985 0.3 4 <0.1 <0.1 <0.1 <0.1
R647446 367445 5894481 0.468 0.2 20 <0.1 <0.1 <0.1 <0.1
R647447 367449 5894503 0.938 -0.2 20 <0.1 <0.1 <0.1 <0.1
R647453 367038 5894596 0.215 0.3 48 <0.1 <0.1 <0.1 <0.1
R647461 366291 5894856 0.055 1.7 567 0.174 <0.1 <0.1 <0.1
R647464 366303 5894851 0.049 1.4 43 0.193 <0.1 <0.1 <0.1
R647471 364493 5893852 -0.005 -0.2 109 <0.1 0.183 <0.1 <0.1
R647472 364410 5893783 0.008 1 68 0.225 <0.1 <0.1 <0.1
R647724 364545 5895353 0.019 1.2 23 0.123 <0.1 <0.1 <0.1
R647725 364184 5895047 0.009 -0.2 119 <0.1 0.173 <0.1 <0.1
R647551 368990 5894103 0.005 0.2 7 <0.1 <0.1 <0.1 0.162
R647620 367033 5894813 0.253 -0.2 16 <0.1 <0.1 <0.1 <0.1
R647621 366829 5894809 0.114 -0.2 -1 <0.1 <0.1 <0.1 <0.1
R647672 365615 5895400 0.021 1.2 140 0.221 <0.1 <0.1 0.282
R647680 365542 5893297 1.95 1.5 488 0.288 <0.1 <0.1 1.12
R647684 365418 5894049 0.023 0.5 39 <0.1 <0.1 <0.1 0.154
R647686 364986 5893781 1.16 0.7 5 <0.1 <0.1 <0.1 <0.1
I740006 373426 5889799 5.28

(ii) Grab samples are selective by nature and are unlikely to represent the average grade of the deposit.

The goal of the program was to complete an initial evaluation of the potential of the mineralized zone on the Apple property and also follow up on the showings identified in the past by Virginia Gold Mines and Canico Resource Corp., which returned grades of up to 23.8 g/t Au, 13.25% copper and 9.5% zinc. The program was also aimed at the planning of future drilling work in this area.

The 2015 sampling program was managed by Consul-Teck Exploration of Val-d'Or, Quebec, who designed and supervised the program.

The samples were delivered, in secure tagged bags, directly to the analytical facility for analysis, in this case the ALS Minerals and Bourlamaque laboratory facility in Val-d'Or, Quebec. The samples are weighed and identified prior to sample preparation. All samples are analyzed by fire assay with AA finish on a 30g sample (0.005-10 ppm Au) and ICP-41 for the other elements. Value over 10,000 ppm were re-assays by OG-46.

Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder, 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 Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 20,000 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.

The map is available at the following link: http://media3.marketwire.com/docs/1047587a_Apple.pdf



Contact

Jean-Sebastien Lavallee, P. Geo
President and Chief Executive Officer
819-354-5146


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