CAT Strategic Metals Corp. reports that, further to its news release of April 13, 2022, announcing an airborne survey on the East Preston Project in Canada's prolific Athabasca Basin, the Company has completed a detailed helicopter-borne geophysical survey over specific and carefully chosen portions of the Company's flagship South Preston Uranium Property. The project is located on the south-western margin of the [...]
CAT Strategic Metals Corp. announces that it has closed the second, and final, tranche of the previously announced non-brokered private placement . In the second tranche, the Company issued 14,349,999 units at a price of CDN$0.03 per Unit for proceeds of $430,500. Each Unit is comprised of one common share in the capital of the Company and one whole non-transferable share purchase warrant . Each whole Warrant will be [...]
CAT Strategic Metals Corp. announces that it has closed the first tranche of the previously announced non-brokered private placement , whereby the Company issued 27,816,666 units at a price of CDN$0.03 per Unit for proceeds of $834,500. Each Unit is comprised of one common share in the capital of the Company and one whole non-transferable share purchase warrant . Each whole Warrant will be exercisable to acquire one Share [...]
CAT Strategic Metals Corp. announces that it intends to raise up to CDN$1,500,000 by way of a non-brokered private placement of 50,000,000 units , at a price of CDN$0.03 per Unit , for which firm commitments of CDN$900,000 have been obtained. Each Unit will be comprised of one common share in the capital of the Company and one whole non-transferable share purchase warrant . Each whole Warrant will be exercisable to [...]
CAT Strategic Metals Corp. is pleased to advise that further to its news release of April 4, 2022, the Company has signed an agreement with Balch Exploration Consultants of Mississauga, Ontario, to carry out an approximate 1,000 line-kilometre detailed helicopter-borne geophysical survey. This survey will cover two key portions of the Company's flagship South Preston Uranium Property, which is located on the southwestern [...]
CAT Strategic Metals Corp. announces that it has completed the 7-hole diamond drilling campaign on its Burntland property in New Brunswick, and the core processing is completed. 904m of the total 1416m drilled were sampled and are currently being processed to be assayed at the ALS laboratory in Vancouver. Patrick Laforest, P.Geo, the Company's field project manager and designated QC/QA geologist stated, "The core logs and [...]
CAT Strategic Metals Corp. announces that, further to its news release of January 11, 2022, it is pleased to provide further details concerning its exploration of the 206.8 km2 South Preston uranium exploration property located near the south-western margin of the Athabasca Basin in Saskatchewan . The past decade of uranium exploration has proven the importance of thoroughly exploring outside the area now covered by [...]
CAT Strategic Metals Corp. is very pleased to announce that the consulting firm Watts, Griffis and McOuat Ltd. of Toronto has completed an independent review of extensive historical and recent exploration data concerning areas on or adjacent to CAT's 206.8 km2 South Preston uranium exploration property located near the south-western margin of the Athabasca Basin in Saskatchewan, and east of recent discoveries by Fission [...]
CAT Strategic Metals Corp. 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 [...]
CAT Strategic Metals Corp. announces that it has received all of the necessary governmental authorizations and permits required to begin diamond drilling on the Company's Burntland Property in northern New Brunswick. CAT is about to proceed with a 7 hole diamond drill program to further explore and evaluate the potential volume of a trenching program that occurred over the summer of 2020. This previous trenching [...]
CAT Strategic Metals Corp. announces that it has engaged EAGLE Geophysique Inc. to perform a geophysical VLF-EM, DTM and Mag survey designed to identify structures that would allow for establishment of a diamond drill program expected to be conducted prior to the end of the current 2021 calendar and fiscal year. This ongoing survey, known as a Quadri-Mag, is the latest generation in high precision airborne equipment. The [...]
CAT Strategic Metals Corp. announces that it has engaged Watt, Griffis and McOuat Limited, Geological and Mining Consultants , for the purpose of discovering economically viable uranium mineralization on CAT's South Preston uranium property. Discussions with WGM began in earnest in September in order to determine the best and most productive methods to advance the South Preston Uranium Project in the most desirable and [...]