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CAT Strategic Metals Corporation (CSE:CAT) New Listing

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The company’s Kamativi Lithium Tailings Project, associated with the disused Kamativi tin mine, is located approximately 185 kilometres eastsouth-east of Victoria Falls, in Zimbabwe.

Additional Information:

Company: CAT Strategic Metals Corporation
Website: http://www.chimatagoldcorp.com
Stock Symbol: CSE: CAT
Date Published: Feb 14, 2019
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

CAT Strategic Metals Corporation is one of the latest new listing on the Canadian Securities Exchange, trading under the symbol “CAT”, having previously traded as Chimata Gold.

Management believes this new name better represents the company’s current focus on lithium.

The company’s Kamativi Lithium Tailings Project, associated with the disused Kamativi tin mine, is located approximately 185 kilometres eastsouth-east of Victoria Falls, in Zimbabwe.

The Project is located approximately 60 km east of Hwange and accessed via the tarred A8 road for about 55 km in an east-southeast direction and then in a northeasterly direction for approximately 30 km along a secondary tarred road.

A binding LOI gives the company the right to acquire 100% of Zimbabwe Lithium, a private Mauritius
company with a 60% interest in project joint venture, with the balance held by the government of Zimbabwe.

Upon final closing of the transaction, with all conditions having been met, it is expected that Zimbabwe Lithium will become a subsidiary of the company.

The Kamativi tailings were deposited over the period 1936 to 1994 and are derived from the mining and processing of the mineralised tin-bearing pegmatites.

The tin mining and gravity processing operation generated 26.32 million tonnes of tailings with an estimated grade of 0.58% lithium oxide.

For more information on this project please refer to the NI 43-101 report on the company’s website.

The company has two other projects in its portfolio.

The gold/copper Troilus North Project, acquired in the fall of 2017, is comprised of 210 claims totalling approximately 11,500 hectares, located 160 kilometres north of the Quebec town of Chibougamau, in the northwest section of the Val-d’Or district.

The 1,052 hectare BAM Property is located in famed “Golden Triangle” in northwestern British Columbia.

The geology is quite diverse and similar settings throughout the Triangle have been known to gold significant gold, copper, and silver.

The shares are trading at $0.065.

For more information, please visit the company’s website www.chimatagoldcorp.com, contact Richard Groome, Interim President and CEO, 604-674-3145 or by email at info@chimatagoldcorp.com.

I’m Samantha Deutscher for Investmentpitch Media