30 ton black diamond log splitter

CAT Strategic Begins Diamond Drill Program On Burntland Project In New Brunswick

CAT Strategic Metals Corporation (CSE:CAT) ("CAT" or the "Company") announces that it has commenced a diamond drill program on the Company's wholly owned Burntland Project in northern New Brunswick. Seven drill hole targets were identified following a trenching program and a 975 line-kilometre high-resolution drone magnetic survey that was conducted over the summer and early fall, and an additional geophysical VLF-EM, DTM and Mag survey completed in October

Forages Technic Eau Inc. ("FTE") is the contractor engaged to undertake the diamond drilling program, which will consist of seven holes to be drilled to a depth of ~200 metres each and is expected to be completed within 28 days, with a short break occurring over the Christmas holidays. FTE will be running two crew shifts per day in order to complete the drilling as quickly as possible. Patrick Laforest, P.Geo, is the Company's field project manager overseeing the drill program as well as being the designated QC/QA geologist.

CEO Robert Rosner stated "We are very happy to finally be drilling the property after all of the initial field work, and are excited to see what the results will be from these initial seven holes."

Figure 1: Drill move to the disignated position

Qualified Person

Mr. Patrick Laforest, P.Geo (Québec), is the qualified person as defined by National Instrument 43-101 who has reviewed and approved the technical contents of this press release.

About CAT Strategic Metals Corporation:

CAT Strategic Metals Corporation is a Canadian based mineral exploration company focused on the acquisition and de risking of overlooked projects situated in well-established World Class geological districts in North America. The Company is specially focused on minerals which are considered highly strategic from a monetary as well as global infrastructure and energy point of view. CAT's shares trade on the Canadian Securities Exchange (CSE) under the trading symbol "CAT", on the OTCMarkets.com under the trading symbol "CATTF", and on the Frankfurt Stock Exchange under the symbol "8CH".

ON BEHALF OF THE BOARD

Robert Rosner

Chairman, President & CEO

Further information regarding the Company can be found on SEDAR at www.SEDAR.com, by visiting the Company's website www.catstrategic.com or by contacting the Company directly at (604) 674-3145.

This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Particular risks applicable to this press release include risks associated with planned production, including the ability of the company to achieve its targeted exploration outline due to regulatory, technical or economic factors. In addition, there are risks associated with estimates of resources, and there is no guarantee that a resource will be found or have demonstrated economic viability as necessary to be classified as a reserve. There is no guarantee that additional exploration work will result in significant increases to resource estimates.

Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

We seek safe harbour.

SOURCE: CAT Strategic Metals Corporation



View source version on accesswire.com:
https://www.accesswire.com/676717/CAT-Strategic-Begins-Diamond-Drill-Program-On-Burntland-Project-In-New-Brunswick

News Provided by ACCESSWIRE via QuoteMedia

The Conversation (0)
cat strategic metals corporation

CAT Strategic Metals

Using a Hybrid Model to Develop Diverse, High Value Mineral Projects

Using a Hybrid Model to Develop Diverse, High Value Mineral Projects Keep Reading...
Pieces of ore with yellow representing uranium on black surface; graphic reads "5 top Australian Mining Stocks This Week."

Top 5 Australian Mining Stocks This Week: Dateline Resources Gains 67 Percent on DoJ Backing

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.This week's top five gainers includes companies focused on gold, rare earths, copper and more.Read on to discover this week's top gaining Australian mining stocks on the ASX and what drove... Keep Reading...
Peruvian Metals Announces Third Quarter Production at the Aguila Norte Processing Plant and Provides Sampling Update from the Tailings Area

Peruvian Metals Announces Third Quarter Production at the Aguila Norte Processing Plant and Provides Sampling Update from the Tailings Area

Peruvian Metals Corp (TSXV: PER,OTC:DUVNF) (OTCQB: DUVNF) ("Peruvian Metals" or the "Company") announces third quarter production results and the start of a detailed auger drilling program on the tailings area at its 80-per-cent-owned Aguila Norte processing plant ("Aguila Norte" or the "Plant")... Keep Reading...
Kevin Smith, gold bars.

Kevin Smith: Gold Run Still Early, Two Paths to US$20,000 Price Target

Kevin Smith, CEO of Crescat Capital, shares his outlook for gold, including two paths it can take to reach his US$20,000 per ounce price target. He also explains why junior miners represent the biggest chance for gains. Don’t forget to follow us @INN_Resource for real-time updates!Securities... Keep Reading...
Keith Boyle, New Found Gold.

Producing Gold Now, Share Price Re-Rate Ahead? | New Found Gold's Keith Boyle

Keith Boyle of New Found Gold (TSX:NFGC,NYSEAMERICAN:NFGC) shares his thoughts on the gold market and weighs in on the company's phased approach to bringing its Newfoundland-based Hammerdown and Queensway gold assets online. "I think we're in that consolidation phase before the next leg up, and... Keep Reading...
Martino de Ciccio, Montage Gold.

Gold Outlook Strong, First Pour at Koné in Q4 | Montage Gold's Martino de Ciccio

Martino de Ciccio of Montage Gold (TSX:MAU,OTCQX:MAUTF) shares his thoughts on the gold market as his company prepares to pour first gold at its Koné mine in Côte d'Ivoire. "I couldn't think of a better time to be entering production than than now," he said. Don’t forget to follow us... Keep Reading...
John Feneck, gold bars.

John Feneck: Gold, Defense Metals, Energy — 7 Stocks I'm Watching

John Feneck, portfolio manager and consultant at Feneck Consulting, shares his latest thoughts on gold, including where he sees the yellow metal ending the year. While he's optimistic about 2027, he doesn't see it retaking all-time highs before then. Feneck also mentions gold, defense metals and... Keep Reading...

Interactive Chart

Latest Press Releases

Related News