Canadian Metals is pleased to announce that the Company has received the results of its preliminary investigation of the La Chesnaye Lake 11km north of Baie-Comeau, in the province of Québec. Highlights: Exploration target of 2.5 to 3.5 Million tonnes of high silica Quartzite near surface with grade ranging from 98.34% to 99.0% SiO2
Canadian Metals is pleased to announce that the Company has received an updated Mineral Resource Estimate for its 100%-owned Langis Silica Property near Amqui, Quebec. The updated resource calculation, accompanied by a revised interpretation and Block Model for the entire area drilled at Langis to date, is the most significant update since the Company's initial works of 2013. It underscores the continuous nature of the [...]
Canadian Metals is very pleased to announce the company is proceeding forward with the next stage of the Langis Project development into a Pre-feasibility study. The Pre-feasibility study work is awarded to CIMA+ following the successful completion of the PEA and it is expected to be completed in the first half of 2018. After the successful completion of the PEA the company undertook an additional drilling program during [...]
Canadian Metals is pleased to announce the closing of the non-brokered private placement, as announced December 7th 2017, in the amount of $390,625. Under this offering, the Corporation issued 5,208,333 units at the priced at $0.075 each. Each unit is comprised of one common share and one common share purchase warrant having an exercise price of $0.15 and a term of 2 years from the closing date. The proceeds will be used [...]