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Canada Strategic, Matamec Provide More Positive Drill Results from Sakami Gold Project
Mar. 20, 2014 03:32PM PST
Gold InvestingCanada Strategic Metals Inc. (TSXV:CJC,OTCBB:CJCFF) and Matamec Explorations Inc. (TSXV:MAT,OTCQX:MHREF) announced results from drilling completed recently at the Sakami gold project, commenting that they confirm a 3D model put together last year using other drill results.
Canada Strategic Metals Inc. (TSXV:CJC,OTCBB:CJCFF) and Matamec Explorations Inc. (TSXV:MAT,OTCQX:MHREF) announced results from drilling completed recently at the Sakami gold project, commenting that they confirm a 3D model put together last year using other drill results.
As quoted in the press release:
The Company recently received the gold assay results for holes PT-13-69 to PT-13-72, the last four holes drilled during the December program. These holes were planned to test the spatial positioning of Zone 25 relative to Zone 26, so as to better orient the 3D modelling work.  All four holes returned wide gold intersections, including 1.32 g/t Au over 13.45 metres from Hole PT-13-69, 1.27 g/t Au over 20.25 metres including 2.22 g/t Au over 7.25 metres from Hole PT-13-70, 2.97 g/t over 19.50 metres including 3.78 g/t Au over 14.10 metres, 3.95 g/t Au over 9.50 metres from Hole PT-13-71 and 2.24 g/t Au over 17.90 metres including 3.65 g/t Au over 6.50 metres from Hole PT-13-72. All assay results from the recent program received to date are shown below.
Jean-Sebastien Lavallée, president and CEO of Canada Strategic, commented:
We are very pleased to yet again report positive drill results from the latest exploration program on the Sakami project. These results confirm the presence of a major gold system, and attest to strong potential of the Sakami project.