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CME Canadian Metals Inc

0.135
0.00 (0.00%)
25 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Canadian Metals Inc CSE:CME CSE Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.135 0.135 0.165 693 20:40:00

Canadian Metals To Conduct a Magnetic and Electromagnetic Survey on the Massicotte-Est Property

22/01/2014 7:15pm

Marketwired Canada


Canadian Metals Inc. (the "Corporation") (CNSX:CME) is pleased to announce that
a helicopter-borne transient magnetic and electromagnetic type survey is to be
carried out on its Massicotte-Est property, located on NTS sheet 32E15 and
32E16. 


Prospectair Geosurveys of Gatineau, Quebec, has been retained to carry out the
1.604 line-km geophysical survey on the property. The survey will be acquired by
a Eurocopter EC120 type aircraft with a high-definition transient
electromagnetic system called ProspecTEM and a Geometrics magnetometer. Flown at
low altitude, this configuration will define and characterize the conductive
material present to a depth of about 150 m, with excellent spatial resolution.
In terms of interpretation of the magnetic data, conductors in the vicinity of
the property could potentially be directly associated with disseminated or
massive base metal or precious metal sulphide deposits.


The Massicotte-Est property lies about 50 kilometres west of Matagami, in the
Abitibi region of Quebec. The property consists of 172 mineral claims in three
blocks covering a total of 9,200 hectares. The three blocks are strategically
located over more than 45 km along a zone of major gold-bearing deformations
known as the Massicotte structure. 


The survey results should be available later this spring.

Conductors detected by this survey will be followed-up by prospecting and a soil
geochemistry survey prior to drilling of the best targets. 


Donald Theberge, Ing., M.B.A., and a qualified person under National Instrument
43-101, Standards of Disclosure for Mineral Projects, has reviewed and approved
the technical content of this press release. 


About Canadian Metals 

Canadian Metals is a mining exploration and development corporation based in
Montreal, Quebec. The Corporation is focused on acquiring, exploring, and
developing mining properties. Its flagship project is the Massicotte property
located in the Detour Gold Trend, in the province of Quebec, Canada. Canadian
Metals is also looking for new projects to add to its portfolio. More
information can be found on the Corporation's website, at
www.canadianmetalsinc.com. 


This news release contains forward-looking statements subject to certain risks
and uncertainties. There can be no assurance that such statements will prove to
be correct, and actual results and future events could therefore differ
significantly from those implied by such statements. These risks and
uncertainties are discussed in the Corporation's annual report and its filings
with securities regulatory authorities. 


Neither the CSE nor its Regulation Service Provider accepts responsibility for
the adequacy or accuracy of this release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Stephane Leblanc
President and CEO
(418) 717-2553
sleblanc@canadianmetalsinc.com
www.canadianmetalsinc.com


Victor Cantore
Vice President, Business Development
(514) 449-8484
vcantore@canadianmetalsinc.com

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