Canada Strategic Metals Inc. (TSXV:CJC,FWB:YXEN,OTCBB:CJCFF) and Matamec Explorations Inc. (TSXV:MAT,OTCQX:MHREF) reported that results from recent drilling on the Sakami gold project in Quebec confirm the extension to the West, Northwest and at depth of the Zone 25 envelope of gold mineralization. Results include hole PT-13-74 intersecting 2.30 g/t Au over 26.35 metres, including 3.80 over 8.80 metres and 5.18 g/t over 4.80 metres.
As quoted in the press release:
All three holes returned wide gold-bearing intersections, including 1.46 g/t Au over 21.85 metres from Hole PT-13-73, including 2.16 g/t over 12.00 metres, 2.30 g/t Au over 26.35 metres, including 3.80 over 8.80 metres and 5.18 g/t over 4.80 metres from hole PT-13-74, and 2.40 g/t Au over 7.15 metres from Hole PT-13-75.
Canada Strategic Metals President and Chief Executive Officer, Jean-Sebastien Lavallée, said:
We are very pleased to once again report positive results from recent drilling on the Sakami project during the latest exploration program. We are looking forward to receiving the results for the eight other holes drilled during the program.
Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.
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