Canada Strategic Metals Inc.: Annual Meeting
Canada Strategic Metals Inc.: Annual Meeting
Momentum Public Relations
Press Release: July 26, 2017
MONTREAL, QUEBEC–(Marketwired – July 26, 2017) – Canada Strategic Metals Inc. (“Strategic Metals” or the “Company”) (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) announces that, at its annual meeting held on July 26, 2017, shareholders of the Company approved all the items, including:
- Election of Jean-François Meilleur, Jean-Sébastien Lavallée, Hugo Monette, Paul Bonneville, Dwayne Melrose and Alan Sexton as directors;
- Appointment of Raymond Chabot Grant Thornton LLP as auditors.
About Canada Strategic Metals
Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 22,584 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.
For more information on the Company, please visit www.csmetals.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Jean-Francois Meilleur
President and Chief Executive Officer
514-951-2730
Paradox Public Relations
514-341-0408
Momentum Public Relations Inc.
450-332-6939
- Published in Canadian Strategic CJC, Mining, News Home
CJC.V Receives $364,000 from Lomiko Under the Option Agreement of La Loutre and Lac des Isles Projects
CJC.V Receives $364,000 from Lomiko Under the Option Agreement of La Loutre and Lac des Isles Projects
Momentum Public Relations
Press Release: July 19, 2017
MONTREAL, QUEBEC and VANCOUVER, BRITISH-COLUMBIA–(Marketwired – July 19, 2017) – Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) and Lomiko Metals Inc. (“Lomiko”) (TSX VENTURE:LMR)(OTCQB:LMRMF)(FRANKFURT:DH8B) are very pleased to announce that Lomiko has completed all work and shares payments requirements to earn an 80{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} interest in the La Loutre Flake Graphite Property. Lomiko paid $364,000 to Canada Strategic in order to complete the second option agreement allowing Lomiko to acquire an 80 {92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} interest in the La Loutre and Lac des Iles graphite projects.
Canada Strategic and Lomiko signed a third option agreement on May 16, 2016 and an amended agreement was signed on January 3, 2017 to allow Lomiko to acquire 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} interest in both properties by issuing 750,000 shares and by financing exploration work for a total amount of $1,125,000 on projects owned by the Company.
A map of hole localisation and results is available on the web site of the Company at: www.csmetals.ca and www.lomiko.com under the Quicklinks tab. Lomiko is currently working on metallurgy and graphite characterization and will return to its drilling campaign in the Fall of 2017.
The La Loutre property consists of contiguous claim blocks totalling approximately 2,867.29 hectares (28,67 km2) situated approximately 53 km east of Imerys Carbon and Graphite, formerly known as the Timcal Graphite Mine, North America’s only operating graphite mine, and 117 km northwest of Montreal.
Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder of both companies, Executive Chairman and Exploration Manager of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.
About Canada Strategic Metals
Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 22,584 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.
For more information on the Company, please visit www.csmetals.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Jean-Francois Meilleur
President and Chief Executive Officer
514-951-2730
Paradox Public Relations
514-341-0408
Momentum Public Relations Inc.
450-332-6939
- Published in Canadian Strategic CJC, Mining, News Home
Canada Strategic Metals Inc.: Increase of the Stock Option Plan
Canada Strategic Metals Inc.: Increase of the Stock Option Plan
Momentum Public Relations
Press Release: June 27, 2017
MONTREAL, QUEBEC–(Marketwired – June 27, 2017) – Canada Strategic Metals Inc. (“Strategic Metals” or “the Company”) (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) is pleased to announce that it has increased the number of shares reserved for issuance under its stock option plan (the “Plan”) by 4,252,750. The total number of shares issuable under the Plan now stands at 10,292,724.
The increase is subject to the approval of the TSX Venture Exchange.
About Canada Strategic Metals
Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 22,584 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.
For more information on the Company, please visit www.csmetals.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Jean-Francois Meilleur
President and Chief Executive Officer
514-951-2730
Paradox Public Relations
514-341-0408
Momentum Public Relations Inc.
450-332-6939
- Published in Canadian Strategic CJC, Mining, News Home
Lomiko and Canada Strategic (CJC.V) Mobilize Drill Rig To La Loutre Property
Lomiko Metals Inc. and Canada Strategic Metals Inc. (CJC:TSXV) have mobilized a drill rig to start a drilling program of up to 10,000 metres at the La Loutre crystalline flake graphite properties located in Quebec.
HIGHLIGHTED DRILL RESULTS FROM LA LOUTRE Hole From To Length* Cg (m) (m) (m) ({92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}) LL-14-05 6.65 135.00 128.35 4.72 LL-14-15 3.40 56.65 53.25 4.40 LL-14-17 3.70 17.90 14.20 6.52 LL-14-19 3.00 15.40 12.40 5.36 LL-14-21 15.3 35.6 20.3 8.01 LL-14-24 14.1 32.25 18.15 7.73 * Length along the core. The company estimates the true width of the mineralized zone at 70 to 90 per cent of the width intersected in the drill holes.
The 2014 drilling program at La Loutre was managed by Consul-Teck Exploration of Val d’Or, Que., which designed the drilling campaign, supervised the program, and logged and sampled the core. A full set of drill results is reported in the company’s Feb. 9, 2015, news release.
Consul-Teck Exploration implemented quality assurance/quality control procedures to ensure best practices in sampling and analysis of the core samples. The drill core was logged and then split, with one-half sent for assay and the other retained in the core box as a witness sample. Duplicates and blanks were inserted regularly into the sample stream.
The samples in secure tagged bags were delivered directly to the analytical facility for analysis. In this case, the analytical facility was the ALS minerals in Val d’Or, Que. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70 per cent minus-two millimetres then separated and pulverized to 85 per cent passing 75 microns. All samples are analyzed for carbon graphite using C-IR18.
Jean-Sebastien Lavallee (OGQ No. 773), geologist, a shareholder and qualified person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.
Canada Strategic Metals Inc. and Lomiko Metals Inc. have drilling permits for the La Loutre graphite properties
LOMIKO RECEIVES DRILLING PERMIT FOR 75 – 100 DRILL HOLES AT LA LOUTRE CRYSTALLINE FLAKE GRAPHITE PROPERTY AND MONITORS SALES AND REVENUE DEVELOPMENTS AT GRAPHENE 3D LAB
Lomiko Metals Inc. and Canada Strategic Metals Inc. have received two drilling permits for 5,000 metres each at the La Loutre crystalline flake graphite properties located in Quebec.
“Approximately 10,000 metres of drilling are planned at La Loutre. Drilling should reach a vertical depth of no more than 150 meters, the “rule-of-thumb” physical depth limit of a standard open pit.”, stated A. Paul Gill, CEO, “Our goal is to become a low-cost producer of graphite in Quebec. A good example of an open pit mining operation established on this principal is the Imerys Carbon and Graphite Mine located nearby.” After the current program is complete, the property will be assessed for a resource and if warranted, a pre-economic assessment (PEA). The primary focus are intersections which start within 15 metres of the surface as highlighted below. Viable near surface mineralization reduces the amount of waste rock thatneeds to be moved, reducing overall cost of the project and reducing environmental impact.Recent PEA publications in the graphite industry indicating capital expenditures of $ 100 million dollars or more for developing a project and an oversupply of graphite projects requiring sustained prices of over $ 2500 per tonne prices stress the need to deliver a low CAPEX Project with sustainable costs in a small, volatile market. In a January 7, 2015 release, the company indicated that to be economically viable, La Loutre must be able to deliver 1 Million Tonnes of >94{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Purity Graphite. To achieve this, the minimum resource must be at least 20 Million Tonnes of 5{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Gp. Setting high standards is required to stand out in the current and future graphite market. In addition, Lomiko hopes to define material >99.99{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Graphite Crystalline Flake to serve as the base material for testing graphite for the ultra-pure carbon market and for conversion to graphene and use in 3D Printing and Supercapacitors. On March 16, 2015 Graphene 3D Lab (TSX-V: GGG, OTCQB: GPHBF) has announced that it launched commercial sales of its Conductive Graphene Filament for 3D printing, The filament incorporates highly conductive proprietary nano-carbon materials to enhance the properties of PLA, a widely used thermoplastic material for 3D printing; therefore, the filament is compatible with most commercially available 3D printers. The conductive filament can be used to print conductive traces (similar to as used in circuit boards) within 3D printed parts for electronics.Further developments June 23, 2015 indicating Graphene 3D Lab has doubled its graphene production capacity and June 29, 2015 indicating that it is developing distribution deals bode well for future demand in high quality graphite for graphene conversion. Lomiko currently owns 4.4 Million shares of Graphene 3D Lab through its 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} owned subsidiary Lomiko Technologies. The La Loutre Property reported grab samples up to 22.04{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Carbon Flake Graphite (CFG) and Carbon Purity Test results reporting up to 100.00{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Carbon Purity in the Large and Extra Large Flake Graphite categories. Graphite is the base material used for graphene conversion by Graphene 3D Lab. Drilling in 2014 (below) indicated significant near-surface mineralization. Details regarding these tests are available in a September 23, 2014 news release. The 2014 drilling program at La Loutre was managed by Consul-Teck Exploration of Val-d’Or, Quebec, who designed the drilling campaign, supervised the program and logged and sampled the core. A full set of drill results are reported in the February 9, 2015 news release.
Highlighted Drill Results From La Loutre Hole # From (m)To (m)Length* (m)Gp {92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} LL-14-05 6.65 135.00128.35 4.72 LL-14-15 3.40 56.65 53.25 4.40 LL-14-17 3.70 17.90 14.20 6.52 LL-14-19 3.00 15.40 12.40 5.36 LL-14 -2115.3 35.6 20.3 8.01 LL-14-24 14.1 32.25 18.15 7.73
*Length along the core. The Company estimates the true width of the mineralized zone at 70 to 90{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the width intersected in the drill holes.Consul-Teck Exploration implemented QA/QC procedures to ensure best practices in sampling and analysis of the core samples. The drill core was logged and then split, with one half sent for assay and the other retained in the core box as a witness sample. Duplicates and blanks were inserted regularly into the sample stream.The samples in secure tagged bags were delivered directly to the analytical facility for analysis. In this case, the analytical facility was the ALS minerals in Val-d’Or, Quebec. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} minus 2 mm, then separated and pulverized to 85{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} passing 75microm. All samples are analyzed for Carbon Graphite using C-IR18. Jean-Sebastien Lavallee (OGQ #773), geologist, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.
Canada Strategic Metals Inc. Has Begun an Airborne Survey on its New Gold Property
CANADA STRATEGIC METALS ANNOUNCES BEGINNING OF A 304 KILOMETERS AIRBORNE SURVEY ON ITS 100-PER-CENT-OWNED NEW GOLD PROPERTY, JAMES-BAY NEAR VISIBLE GOLD BOULDER DISCOVERY
Canada Strategic Metals Inc. (CJC:tsxv) has contracted Prospectair Geosurveys Inc. of Gatineau, Que., for a detailed helicopter-borne magnetic and time-domain electromagnetic (TDEM) survey of its New Gold project in James Bay, in the province of Quebec. The survey is expected to be completed before the end of the month of June.
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 southwest-northeast magnetic anomaly crossed by a northwest-southeast 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 Mag-TDEM geophysical survey will consist of a data acquisition program over a total of 304 linear kilometres on one survey block at 100-metre line spacing.
Upon completion of the heliborne survey, Joel Dube, Eng, a consultant specialized in geophysics, will generate anomaly-picking and interpretation maps. These products will be key in providing prospective guidance on potential mineralization targets for future prospection and drilling program. A preliminary map will be available soon after the survey is completed, and final maps, data and report are expected within two weeks of completion of the data acquisition.
A Eurocopter EC120B aircraft equipped with the lightweight ProspecTEM system and a Geometrics magnetometer will be used to carry out the survey. This cost-effective geophysical configuration is well adapted for reconnaissance surveys with the objective of delineating conductors to a depth of about 150 metres while maintaining excellent spatial resolution. Given the conductive and magnetic nature of the angular mineralized boulders found by Visible Gold Mines along road 167, the Mag-TDEM heliborne technology offers an adapted data combination, thus maximizing chances to discover the suboutcropping sources of the boulders found in the area by Visible Gold Mines.
Jean-Sebastien Lavallee (OGQ No. 773), geologist, shareholder and chief executive officer of the company and a qualified person under National Instrument 43-101, has reviewed and approved the technical content of this release.
Lomiko & Canada Strategic Start Exploring Quebec Graphite Projects
EXPLORATION BEGINS AT THE LA LOUTRE AND LAC DES ILES WEST CRYSTALLINE FLAKE GRAPHITE PROPERTIES
Lomiko Metals Inc. and Canada Strategic Metals Inc. (CJC:TSXV) have started exploration at the La Loutre and Lac Des Iles West crystalline flake graphite properties located in Quebec. After completion of commitments outlined in a Feb. 9, 2015, news release, Lomiko would own an 80-per-cent interest in each property and Canada Strategic would own 20 per cent. Lomiko is fully financed to complete its 2015 work program.
The La Loutre property consists of one large contiguous block of 42 mineral claims totalling 2,508.97 hectares (25.09 square kilometres) located approximately 53 kilometres southeast of Imerys Carbon & Graphite’s Lac des Iles graphite mine, and 117 kilometres northwest of Montreal in Southern Quebec.
Phase I of the 2015 exploration work will consist of a 5,000-metre delineation and definition diamond drilling program with NQ-size core to outline potential compliant mineral resources in all categories as a follow-up to the initial 2014 drill campaign, which outlined graphite mineralization over an 800-metre strike length. Also, part of the program will be dedicated to test other parallel zones as part of the exploration program. Drilling should reach a vertical depth of 150 metres, the rule of thumb physical depth limit of a standard open pit.
Of particular interest is an area of the La Loutre property which reported grab samples of up to 22.04 per cent carbon flake graphite (CFG), and carbon purity test results reporting up to 100-per-cent carbon purity in the large and extra large flake graphite categories. Drilling in 2014 indicated significant near-surface mineralization. Details regarding these tests are available in a Sept. 23, 2014, news release.
The 2014 drilling program at La Loutre was managed by Consul-Teck Exploration of Val d’Or, Que., which designed the drilling campaign, supervised the program, and logged and sampled the core. A full set of drill results are reported in the Feb. 9, 2015, news release.
HIGHLIGHTED DRILL RESULTS FROM LA LOUTRE Hole No. From (m) To (m) Length (m)* Gp ({92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}) LL-14-05 6.65 135.00 128.35 4.72 LL-14-15 3.40 56.65 53.25 4.40 LL-14-17 3.70 17.90 14.20 6.52 LL-14-19 3.00 15.40 12.40 5.36 LL-14-21 15.3 35.6 20.3 8.01 LL-14-24 14.1 32.25 18.15 7.73 *Length along the core.
The company estimates that the true width of the mineralized zone is 70 to 90 per cent of the width intersected in the drill holes. Consul-Teck Exploration implemented QA/QC (quality assurance/quality control) procedures to ensure best practices in sampling and analysis of the core samples. The drill core was logged and then split, with one-half sent for assay and the other retained in the core box as a witness sample. Duplicates and blanks were inserted regularly into the sample stream. The samples in secure tagged bags were delivered directly to the analytical facility for analysis. In this case, the analytical facility was ALS Minerals in Val d’Or, Que. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70 per cent minus two millimetres, then separated and pulverized to 85 per cent passing 75 microm. All samples are analyzed for carbon graphite using C-IR18.
The Lac des Iles West property consists of one large contiguous block of 104 mineral claims totalling 5,601.3 hectares (56.01 square kilometres) that borders the western limit of the Imerys Lac Des Iles property, which is the location of the Imerys Carbon & Graphite mine and processing facility. The property is close to the town of Mont-Laurier 150 kilometres northwest of Montreal in Southern Quebec. The Phase I exploration work will consist of prospecting, mapping and sampling, with a focus to determine the strike length of the graphitic mineralization outlined during the 2012 prospecting program by Canada Strategic, and a magnetic-electromagnetic survey on the entire property. Once the strike length is validated with the graphite-bearing bedrock grab samples, the surface mineralization and matching conductors will be drill tested, and assayed to a vertical depth of minus 100 metres, with preliminary metallurgical testing of the graphite-bearing drill core if the program reports results of merit for a drilling program.
Jean-Sebastien Lavallee (OGQ No. 773), geologist, and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release. For more information, review the Lomiko website or contact A. Paul Gill at 604-729-5312.