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CAT Strategic Metals options Burntland silver-copper property in New Brunswick, Canada

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The Burntland property, comprised of approximately 1,200 hectares, is located approximately 60 kilometers northeast of Saint Quentin in the county of Restigouche, New Brunswick. As part of the agreement, the company will issue 25 million shares and incur exploration and development expenditures on the Property necessary to maintain the minerals claims in good standing during the option period of 4 years.

Additional Information:

Company: CAT Strategic Metals Corporation
Website: http://www.CATstrategic.com
Stock Symbol: CSE: CAT
Date Published: Sep 17, 2020
Transcript: Available

Video Transcript:

I’m Cassandra Bolinski for Investmentpitch Media

CAT Strategic Metals Corporation has signed an option to acquire up to a 100% undivided ownership in the Burntland mineral property.

The Burntland property, comprised of approximately 1,200 hectares, is located approximately 60 kilometers northeast of Saint Quentin in the county of Restigouche, New Brunswick.

As part of the agreement, the company will issue 25 million shares and incur exploration and development expenditures on the Property necessary to maintain the minerals claims in good standing during the option period of 4 years.

The company will also make payments totalling $1 million staged over 4 years.

Grab and chip sample results from a recently excavated 90-meter-long trench exposed an interval of approximately 10 meters of mineralized, veined, hornfelsed/skarnified argillitecarbonate.

Assay results from grab samples in the altered-sedimentporphyry dyke portion of trench returned an average of 1.67% copper and 39.3 grams per tonne silver.

These representative samples from several areas of the trench, showing a gradation from skarnified wallrocks into laterally extensive porphyritic rocks.

Robert Rosner, President and CEO, stated: “Our initial site visits were highly constructive
and encouraging. The Copper and Silver results so far illustrate the type of values the Burntland
Property could continue to deliver. The Company is also looking forward to testing numerous
geophysical targets that have been identified.”

The company has two other projects in its portfolio.

The Kamativi Project, located in the Matabeleland North Province of Zimbabwe, Africa, is a lithium tailings deposit associated with the disused Kamativi tin mine, approximately 185 kilometres east-south-east of Victoria Falls.

The BAM Property is located in British Columbia’s famed “Golden Triangle” in the mining prolific northwestern part of the Province.

The shares are trading at $0.035.

For more information, please visit the company’s website CATstrategic.com, contact Robert Rosner, President & CEO, at 604-674-3145 or by email at info@catstrategic.com

I’m Cassandra Bolinski for Investmentpitch Media