Today's featured Company is a little different than those we normally cover. In fact, its business model is so unique that we may never have another deal quite like it. CAT Strategic Metals Corp. is a mineral exploration company focused on the acquisition and exploration of Strategic North American mineral projects. The highly diversified Company has already secured four significant properties of merit in highly [...]
CAT Strategic Metals Corp. announces that it has engaged Leonard B. Van Betuw as technical advisor to the Company to consult on a variety of corporate matters. In particular, Mr. Van Betuw will focus his initial efforts on the recently acquired South Preston Uranium Project in the prolific Athabasca Basin in northern Saskatchewan. The Athabasca Basin is known as the one of the world's leading sources of high-grade [...]
CAT Strategic Metals Corp. is pleased to announce that it has closed the binding letter agreement with arm's-length parties to acquire a privately-held corporation that owns a 100% undivided interest in the South Preston Uranium Property located in Saskatchewan, Canada. The South Preston Uranium Property The South Preston Uranium Property is located in the southwest area of Canada's Athabasca Basin, which is known to host [...]
CAT Strategic Metals Corp. announces that it has closed the first tranche of the non-brokered private placement described in its news release of February 16, 2021. In connection with the first tranche closing of the Offering, the Company issued an aggregate of 21,380,400 units at a price of CDN$0.08 per Unit for gross proceeds of CDN$1,710,432. Each Unit consists of one common share in the capital of the Company and one [...]
CAT Strategic Metals Corp. is pleased to announce that it has expanded the size of the Rimrock mineral property by staking 64 new unpatented lode claims on gold-silver targets, and on a large Bentonite mine target, and expanding upon existing Carlin- and Midas Epithermal-style gold-silver targets within the Property. A new, previously undiscovered epithermal breccia gold-silver target was found during the staking, in the [...]
CAT Strategic Metals Corp. is pleased to announce that it has entered into an arm's-length property purchase agreement whereby CAT will acquire~7,716 ha of well-situated exploration ground that will result in the significant expansion of its South Preston Uranium Property , located in Saskatchewan's Athabasca Basin . "CAT Strategic is thrilled to have secured a large property expansion for our South Preston Uranium [...]
CAT Strategic Metals Corp. announces that it intends to raise C$2,000,000 by way of a non-brokered private placement of 25,000,000 units at a price of $0.08 per Unit . Each Unit will consist of one common share of CAT and one common share purchase warrant. Each full warrant will be exercisable to acquire one common share of CAT at an exercise price of $0.16, with a five-year term from the date of closing. Subsequent to [...]
CAT Strategic Metals Corp. is pleased to announce that it has entered into a binding letter agreement with arm's-length parties to acquire a privately-held corporation that owns a 100% undivided interest in the South Preston Uranium Property located in Saskatchewan, Canada. "We are tremendously excited to share today's announcement. The South Preston Uranium Property provides our shareholders with a district-scale [...]
CAT Strategic Metals Corp. announces that it has expanded the size of the Gold Jackpot mineral property by staking more unpatented lode claims on a new Carlin- or porphyry-style gold-silver target within the Property. The 64 unpatented lode claims comprising the Property, totaling 535 hectares in size, are located 35 Km southeast of Jackpot, Nevada, in the Pequop gold-silver-copper Trend. It is adjacent to the eastern [...]
CAT Strategic Metals Corp. announces that it has entered into an exploration and option agreement pursuant to an arm's length negotiation with the vendor dated January 21, 2021. Agreement gives the Company exclusive right to acquire a 100% undivided ownership in the Gold Jackpot mineral property over a 4-year period from the effective date. The unpatented lode claims of the Property are located 35 Km southeast of Jackpot [...]
CAT Strategic Metals Corp. announces that it plans to initiate a high-resolution drone magnetic survey on the Burntland property to be carried out in February 2021. The Burntland Project is comprised of ~1200 hectares located near the Bathurst Mining District of New Brunswick, Canada as shown in Figure 1. Figure 1: Location of CAT's Burntland Project with respect to the Bathurst Mining DIstrict The 975 line-kilometre [...]
Canadian strategic metals company Chimata Gold Corp. announces completion of a maiden Mineral Resource Statement for the Kamativi Tailings Lithium Project : On behalf of Chimata in association with its local Zimbabwean partner Jimbata ltd , The MSA Group Ltd has completed a Mineral Resource Statement for the Kamativi Project. The Kamativi Project is located outside Kamativi Village in the Matabeleland North Province of [...]