The Conversation (0)
Canada Strategic Metals, Matamec Intersect 3.03 g/t Gold Over 25.5 Meters
Feb. 04, 2014 10:51AM PST
Gold Investing
Canada Strategic Metals Inc. (TSXV:CJC,OTCBB:CJCFF) and Matamec Explorations Inc. (TSXV:MAT,OTCQX:MHREF) provided the most recent results of drilling completed at the Quebec-based Sakami gold project, noting that the objective of the drilling was to “validate and extend the historical zone” in the La Pointe area.
Canada Strategic Metals Inc. (TSXV:CJC,OTCBB:CJCFF) and Matamec Explorations Inc. (TSXV:MAT,OTCQX:MHREF) provided the most recent results of drilling completed at the Quebec-based Sakami gold project, noting that the objective of the drilling was to “validate and extend the historical zone” in the La Pointe area.
As quoted in the press release:
To date, the Company has received gold assay results for holes PT-13-64 and PT-13-65. Hole PT-13-64, which was drilled to test an induced polarization anomaly, has identified two new gold zones, with intersections of 1.27 g/t Au over 1.05 metres and 3.62 g/t Au over 0.50 metres. Hole PT-13-65, which was aimed at extending and validating the intersection from historical Hole EX-22, intersected a mineralized zone grading 3.03 g/t Au over 25.50 metres, including 4.00 g/t Au over 12.00 metres. A table with the mineralized intersections and assay results is shown below.
The Company has begun receiving the results for holes PT-13-66 and PT-13-67, and is now in the process of compiling them. The results will be released as soon as this process is complete. A table showing both the mineralized intersections from the most recent program and the results of historical drilling can be found below.