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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Quebec Precious Metals Corp (QB) | USOTC:CJCFF | OTCMarkets | 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% | 0.032 | 0.031 | 0.042 | 0.00 | 21:00:01 |
MONTREAL, QUEBEC--(Marketwired - Dec 4, 2013) - Canada Strategic Metals Inc. ("Canada Strategic Metals" or "the Company") (TSX-VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) announces that it has received its permit to begin a drilling campaign on the Sakami property. The Company expects to complete by December 31, 2013, ten (10) diamond drill holes, approximately 1,500 meters in areas 25 and 26 (see table below for historical results), as well as some induced polarization anomalies.
HISTORIC AREA 26 RESULTS
Hole No | Au (g/t) | Length (metres) | From (metres) | To (metres) |
EX-1 | 2.38 | 7.90 | 91.90 | 99.80 |
EX-2 | 1.97 | 19.85 | 11.15 | 31.00 |
EX-3 | 2.13 | 10.20 | 49.80 | 60.00 |
EX-5 | 2.12 | 6.00 | 72.00 | 78.00 |
EX-9 | 2.93 | 4.00 | 125.00 | 129.00 |
EX-10 including | 2.51 3.52 | 54.65 14.00 | 18.35 43.00 | 73.00 57.00 |
EX-13 | 2.96 | 8.25 | 160.50 | 168.75 |
EX-17 | 1.74 | 10.65 | 155.65 | 166.30 |
EX-18 | 2.04 | 11.52 | 228.05 | 239.57 |
EX-22 including | 4.16 6.40 | 21.00 12.67 | 74.25 77.28 | 95.25 89.95 |
EX-23 | 3.60 | 7.45 | 186.55 | 194.00 |
EX-25 | 2.72 | 17.85 | 133.10 | 150.95 |
EX-27 | 1.17 | 8.20 | 162.75 | 170.95 |
EX-28 | 2.08 1.98 | 3.26 3.73 | 71.16 148.59 | 74.42 152.32 |
EX-29 | 2.09 3.43 | 19.50 1.50 | 190.50 273.50 | 210.00 275.00 |
EX-31 including | 2.39 8.03 | 30.19 3.82 | 110.81 132.14 | 140.00 135.96 |
EX-32 including | 1.72 2.17 12.23 3.43 | 22.13 12.16 0.50 3.16 | 117.97 127.94 130.64 136.94 | 140.10 140.10 131.14 140.10 |
EX-33 | 4.95 3.34 | 2.00 3.45 | 243.25 260.91 | 245.25 264.36 |
EX-44 | 1.51 2.18 | 6.09 2.42 | 169.47 232.85 | 175.56 235.27 |
EX-45 including | 1.17 1.70 | 5.00 2.00 | 190.50 191.50 | 195.50 193.50 |
EX-47 | 1.25 | 12.00 | 258.00 | 270.00 |
HISTORIC AREA 26 RESULTS
Hole No | Au (g/t) | Length (metres) | From (metres) | To (metres) |
EX-19 including | 9.22 13.67 | 12.55 7.35 | 53.80 58.25 | 66.35 65.60 |
EX-20 | 4.07 | 1.35 | 66.75 | 68.10 |
EX-31 | 2.75 | 1.50 | 63.79 | 65.29 |
EX-32 | 2.53 3.41 | 1.50 1.50 | 64.29 69.82 | 65.79 71.32 |
EX-48 | 1.00 | 9.00 | 49.00 | 58.00 |
EX-49 | 2.69 | 3.00 | 64.00 | 67.00 |
Jean-Sébastien Lavallée, President of Canada Strategic Metals, stated that: "Canada Strategic Metals is very excited to start drilling program on this promising project that have already report many gold discovery and impressive gold intersection in drilling in many zones of the property. "
Jean-Sébastien 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.
Furthermore, the Company announces that it is currently arranging non-brokered private placements for up of $500,000 consisting in two private placements:
Finders' fees of 6% of the gross proceeds of the offering may be paid in cash and in non-transferable finder's fees warrants.
The above-mentioned private placements are subject to the approval of the TSX Venture Exchange.
About Canada Strategic Metals
Canada Strategic Metals is an emerging growth company focused on the exploration and development of its early stage projects covering over 60,000 hectares throughout Quebec. With management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising 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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