CAT Strategic Metals Corp. announces that it has closed the first tranche of the non-brokered private placement described in its news release of February 16, 2021. In connection with the first tranche closing of the Offering, the Company issued an aggregate of 21,380,400 units at a price of CDN$0.08 per Unit for gross proceeds of CDN$1,710,432. Each Unit consists of one common share in the capital of the Company and one [...]
CAT Strategic Metals Corp. is pleased to announce that it has expanded the size of the Rimrock mineral property by staking 64 new unpatented lode claims on gold-silver targets, and on a large Bentonite mine target, and expanding upon existing Carlin- and Midas Epithermal-style gold-silver targets within the Property. A new, previously undiscovered epithermal breccia gold-silver target was found during the staking, in the [...]
CAT Strategic Metals Corp. is pleased to announce that it has entered into an arm's-length property purchase agreement whereby CAT will acquire~7,716 ha of well-situated exploration ground that will result in the significant expansion of its South Preston Uranium Property , located in Saskatchewan's Athabasca Basin . "CAT Strategic is thrilled to have secured a large property expansion for our South Preston Uranium [...]
CAT Strategic Metals Corp. announces that it intends to raise C$2,000,000 by way of a non-brokered private placement of 25,000,000 units at a price of $0.08 per Unit . Each Unit will consist of one common share of CAT and one common share purchase warrant. Each full warrant will be exercisable to acquire one common share of CAT at an exercise price of $0.16, with a five-year term from the date of closing. Subsequent to [...]
CAT Strategic Metals Corp. is pleased to announce that it has entered into a binding letter agreement with arm's-length parties to acquire a privately-held corporation that owns a 100% undivided interest in the South Preston Uranium Property located in Saskatchewan, Canada. "We are tremendously excited to share today's announcement. The South Preston Uranium Property provides our shareholders with a district-scale [...]
CAT Strategic Metals Corp. announces that it has expanded the size of the Gold Jackpot mineral property by staking more unpatented lode claims on a new Carlin- or porphyry-style gold-silver target within the Property. The 64 unpatented lode claims comprising the Property, totaling 535 hectares in size, are located 35 Km southeast of Jackpot, Nevada, in the Pequop gold-silver-copper Trend. It is adjacent to the eastern [...]
CAT Strategic Metals Corp. announces that it has entered into an exploration and option agreement pursuant to an arm's length negotiation with the vendor dated January 21, 2021. Agreement gives the Company exclusive right to acquire a 100% undivided ownership in the Gold Jackpot mineral property over a 4-year period from the effective date. The unpatented lode claims of the Property are located 35 Km southeast of Jackpot [...]
CAT Strategic Metals Corp. announces that it plans to initiate a high-resolution drone magnetic survey on the Burntland property to be carried out in February 2021. The Burntland Project is comprised of ~1200 hectares located near the Bathurst Mining District of New Brunswick, Canada as shown in Figure 1. Figure 1: Location of CAT's Burntland Project with respect to the Bathurst Mining DIstrict The 975 line-kilometre [...]
Canadian strategic metals company Chimata Gold Corp. announces completion of a maiden Mineral Resource Statement for the Kamativi Tailings Lithium Project : On behalf of Chimata in association with its local Zimbabwean partner Jimbata ltd , The MSA Group Ltd has completed a Mineral Resource Statement for the Kamativi Project. The Kamativi Project is located outside Kamativi Village in the Matabeleland North Province of [...]
via NEWMEDIAWIRE -- Chimata Gold Corp. is pleased to announce the X-ray diffraction results for selected samples from its recently completed drilling program at its flagship Kamativi Tailings Lithium Project in Zimbabwe. The aim of the analysis was to identify and quantify all minerals present with a specific focus on the lithium bearing minerals. The results confirm Spodumene as the predominant Lithium bearing mineral [...]
via NEWMEDIAWIRE -- Canadian strategic metals company Chimata Gold Corp. is pleased to announce the completion of its drilling program and release of Li2O assay results and it is on track to complete a maiden NI 43-10 Resource Statement at its Kamativi Tailings Lithium Project in Zimbabwe. High grade Li2O intercepts include: · Hole KT 99: Length 15.00m @ 1.07% Li2O · Hole KT 98A: Length 21.70m @ 0.94% Li2O [...]
Vancouver, BC, June 11, 2018 -- Chimata Gold Corp. announces its partner, Zimbabwe Lithium Company Limited has completed the auger drilling program at the Kamativi Tailings Project in Zimbabwe. The 1,500 metre drill plan was undertaken in order to determine the potential size and grade of a Mineral Resource as this term is defined in National Instrument 43-101 - Respecting Standards of Disclosure for Mineral Projects [...]