The Conversation (0)
Feb. 03, 2015 08:12AM PST
Canada Strategic Metals Inc. (TSXV:CJC) has acquired a new prospective gold property near where Visible Gold Mines (TSXV:VGD) recently discovered boulders containing gold, silver copper and zinc mineralization. Canada Strategic’s New property is about 5 kilometers northwest of Visible Gold Mines’ 167 extension property.
As quoted in the press release:
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.
Click here to read the Canada Strategic Metals Inc. (TSXV:CJC) press release
Click here to see the Canada Strategic Metals Inc. (TSXV:CJC) profile.