Last C$0.07 CAD
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canada strategic metals inc (CJC) Snapshot

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52 Week High
02/11/14 - C$0.12
52 Week Low
12/4/13 - C$0.03
Market Cap
4.6M
Average Volume 10 Days
37.1K
EPS TTM
C$-0.03
Shares Outstanding
66.2M
EX-Date
--
P/E TM
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Dividend
--
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canada strategic metals inc (CJC) Details

Canada Strategic Metals Inc., an exploration stage company, is engaged in the exploration and development of mineral exploration assets in Canada. It holds interests in various graphite projects covering approximately 60,000 hectares located in Quebec. The company was formerly known as Canada Rare Earths Inc. and changed its name to Canada Strategic Metals Inc. in August 2012. Canada Strategic Metals Inc. was founded in 1984 and is based in Montreal, Canada.

canada strategic metals inc (CJC) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: --
Chief Financial Officer and Secretary
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

canada strategic metals inc (CJC) Key Developments

Canada Strategic Metals Inc. and Lomiko Metals Inc. Announce Issuance of Drilling Permit to the La Loutre Crystalline Flake Graphite Property

Canada Strategic Metals Inc. and Lomiko Metals Inc. announced that a drilling permit for the La Loutre Crystalline Flake Graphite Property has been issued and allows for 29 drill holes. Lomiko optioned 40% interest in the La Loutre Crystalline Flake Graphite Property located in Quebec last month. The goal of the exploration program is to identify high-grade, near-surface graphite mineralization suitable for conversion to battery-grade graphite. The graphite industry could see exponential growth based on new demand for lithium-ion batteries, which use 10 to 15 times as much graphite as lithium. Graphite grab sample assay results derived from a recent sampling and mapping program on the has confirmed a graphite bearing structure covering an area approximately 7 kilometers by 1 kilometer with results of up to 22.04% graphite in multiple parallel zones of 30-50 meters wide. Another area has also been identified covering approximately 2 kilometers by 1 kilometer in multiple parallel zones of 20-50 meters wide which includes results up to 18% graphite. Grab samples are selective by nature and are unlikely to represent the average grade of a deposit. The drilling program is designed to test these areas.

Canada Strategic Metals, Inc. and Matamec Explorations Inc. Report Results from Holes PT-14-81 to PT-14-83

Canada Strategic Metals, Inc. and Matamec Explorations Inc. reported the results from holes PT-14-81 to PT-14-83, drilled in March and April during the latest exploration program on the Sakami gold property. The new results confirm the extension of the Zone 25 gold mineralization envelope to the west, to the northwest and at depth. The recent results also confirm that the contact corridor between the Opinaca-La Grande volcano-sedimentary sub-provinces is fertile for significantly-enriched gold mineralization. This horizon has now been traced over a strike length of more than 200 metres and to a depth of more than 425 metres along its plunge. The latest drilling program on the Sakami property consisted of a total of 2,913 metres in 11 holes; results for the last three holes, drilled along strike and plunge from Hole PT-14-79, are describe below. The last two drilling programs by Strategic Metals have confirmed and enhanced the potential of the northeast and depth extensions of Zone 25, which remains open in all directions. The program was aimed at increasing the size of the main gold zone (Zone 25) to the west-northwest, as well as its extension at depth. Zone 25 is in the La Pointe sector of the Sakami property. The program completed the testing of Zone 25 over a strike length of more than 200 metres and to a depth of over 425 metres along its plunge. The holes were spaced at 50 metres. The Company has received the assay results for three additional holes, PT-14-81 to PT-14-83, drilled in March and April as part of the program. These holes were planned to test the extension of the mineralized zone to the west and northwest, as well as down dip. They all returned gold-bearing intersections with significant gold grades with 2.58 g/t Au over 4.60 metres for hole PT-14-81, 1.43 g/t over 40.25 metres, including 3.58 g/t Au over 8.55 metres and 5.12 g/t Au over 4.05 metres for Hole PT-14-82 and 1.06 g/t Au over 55.50 metres, including 3.54 g/t Au over 12.00 metres for Hole PT-14-83.

Canada Strategic Metals Inc. and Matamec Explorations Inc. Reports Results from Holes PT-14-76 to PT-14-80

Canada Strategic Metals Inc. and Matamec Explorations Inc. reported the results from holes PT-14-76 to PT-14-80, drilled in March and April during the latest exploration program on the Sakami gold property. The new results confirm the extension of the Zone 25 gold mineralization envelope to the west, to the northwest and at depth. The recent results also confirm that the contact corridor between the Opinaca-La Grande volcano-sedimentary sub-provinces is fertile for significantly-enriched gold mineralization. This horizon has now been traced over a strike length of more than 200 metres and to a depth of more than 375 metres along its plunge. The latest drilling program on the Sakami property consisted of a total of 2,913 metres in 11 holes; results for the last three holes, drilled along strike and plunge from Hole PT-14-79, are still pending. The program was aimed at increasing the size of the main gold zone (Zone 25) to the west-northwest, as well as its extension at depth. Zone 25 is in the La Pointe sector of the Sakami property. The program completed the testing of Zone 25 over a strike length of more than 200 metres and to a depth of over 425 metres along its plunge. The holes were spaced at 50 metres. The Company has received the assay results for five additional holes, PT-13-76 to PT-13-80, drilled in March and April as part of the program. These holes were planned to test the extension of the mineralized zone to the west and northwest, as well as down dip. They all returned gold-bearing intersections with significant gold grades, particularly Hole PT-14-79, which returned 2.51 g/t Au over 48.20 metres, including 6.93 g/t over 12.00 metres, 11.35 g/t Au over 6.00 metres and 3.06 g/t Au over 7.50 metres.

 

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