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

Canada Strategic Metals Inc.

February 03, 2015 09:45 ET

Strategic Metals Acquires a New Property Near the Discovery of Polymetallic Boulders by Visible Gold Mines

MONTREAL, QUEBEC--(Marketwired - Feb. 3, 2015) - Canada Strategic Metals Inc. ("Strategic Metals" or the "Company") (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) is very pleased to announce the acquisition, by map designation, of a new property for its gold-bearing potential. The new 2,114-hectare property is 100% owned by Canada Strategic Metals and is located about 5 kilometres northwest of the "167 extension property", where Visible Gold Mines recently discovered several boulders containing gold, silver, copper and zinc mineralization.

The property was acquired by map designation following a compilation of all the information available from the Ministry of Energy and Natural Resources and an assessment of the glacial train aimed at identifying the potential in-situ source of the boulders identified by Visible Gold Mines. The compilation also indicated that the property covers a strong SW-NE magnetic anomaly crossed by a NW-SE major structure. The junction of these two structures is located right in the middle of the newly-acquired property, named the "NEW GOLD" project. The Company plans to do further compilation work on the project and set a work program for the summer of 2015.

A location map for the recently acquired New Gold property can be found on the Company's web site, at: www.csmetals.ca.

Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder 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.

Contact Information

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

    Christophe Romary
    President
    514-913-7483

    Paradox Public Relations
    514-341-0408