Canada Strategic Metals Inc.
TSX VENTURE : CJC
FRANKFURT : YXEN
OTCBB : CJCFF

Canada Strategic Metals Inc.

November 18, 2015 11:00 ET

Canada Strategic and Lomiko Intersect 112 Metres of 2.73% and 103.35 m of 2.83% Flake Graphite at La Loutre

MONTREAL, QUEBEC--(Marketwired - Nov. 18, 2015) - Canada Strategic Metals Inc. ("Canada Strategic Metals" or "the Company") (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) and Lomiko Metals Inc. (TSX VENTURE:LMR)(OTC PINK:LMRMF)(FRANKFURT:DH8B) are very pleased to announce continued near surface, high grade flake graphite results.

"After seeing these results and watching the Canadiens storm back to score 4 unanswered goals to win against the Canucks last Monday, I am considering moving to Quebec," stated A. Paul Gill, CEO of Lomiko Metals Inc.

The La Loutre property consists of contiguous claim blocks totalling approximately 2,867.29 hectares (28,67 km2) situated approximately 53 km east of Imerys Carbon and Graphite, formerly known as the Timcal Graphite Mine, North America's only operating graphite mine, and 117 km northwest of Montreal.

Table of Mineralized intersections*

Hole # From (m) To (m) Length* (m) Gp %
LL-15-27 37.20 47.50 10.30 4.83
Including 37.20 40.30 3.10 9.10
56.50 168.70 112.20 2.73
Including 164.20 167.65 3.45 6.06
LL-15-28 27.75 39.95 12.20 4.74
Including 27.75 32.80 5.05 8.68
46.80 134.70 87.90 2.57
137.50 160.10 22.60 2.64
LL-15-29 6.00 13.25 7.25 2.58
32.50 37.35 4.85 2.42
72.00 111.75 39.75 3.62
Including 102.50 111.75 9.25 6.32
127.40 180.00 52.60 3.32
Including 127.40 140.00 12.60 5.31
LL-15-30 8.60 12.65 4.05 5.61
32.00 41.15 9.15 1.68
44.65 148.00 103.35 2.83
LL-15-31 14.00 42.50 28.50 5.22
Including 14.00 16.50 2.50 10.42
Including 36.45 42.50 6.05 9.57
52.90 83.55 30.65 3.70
LL-15-32 25.00 48.00 23.00 5.02
Including 26.00 30.00 4.00 9.65
Including 39.90 42.90 3.00 8.51
129.00 139.90 10.90 1.38
LL-15-33 16.15 50.00 33.85 5.57
Including 16.75 25.00 8.25 10.32

* Length along the core. The true width of the drill hole represents between 80% and 95% along the core.

The 2015 drilling program is managed by Consul-Teck Exploration of Val-d'Or, Quebec, who designed the drilling campaign, supervised the program and logged and sampled the core.

Consul-Teck Exploration implemented QA/QC procedures to ensure best practices in sampling and analysis of the core samples. The drill core was logged and then split, with one half sent for assay and the other retained in the core box as a witness sample. Duplicates and blanks were inserted regularly into the sample stream.

The samples in secure tagged bags were delivered directly to the analytical facility for analysis. In this case, the analytical facility was the ALS minerals in Val-d'Or, Quebec. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70% minus 2 mm, then separated and pulverized to 85% passing 75um. All samples are analyzed for Carbon Graphite using C-IR18.

Jean-Sebastien Lavallée (OGQ #773), Geologist, is a shareholder of both companies, President and Chief Executive Officer of the Canada Strategic 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.

To view the map associated with this press release, please visit the following link: http://media3.marketwire.com/docs/1033500e.pdf

Contact Information

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

    Paradox Public Relations
    514-341-0408