CAT Strategic Metals Exploration Update Rimrock and GOLD Jackpot Properties, Northeastern Elko County, Nevada
NEWS RELEASE
CSE: CAT
OTC: CATTF
FRA:8CH
1010 –789 West Pender Street, Vancouver, BC V6C 1H2
CAT STRATEGIC METALS EXPLORATION UPDATE
RIMROCK AND GOLD JACKPOT PROPERTIES, NORTHEASTERN ELKO COUNTY,
NEVADA
Vancouver, B.C. August 11, 2021 - CAT Strategic Metals Corporation (CSE: CAT) (OTC:
CATTF) (FRA:8CH) (“CAT” or the "Company") announces the following work update on its
Rimrock and Gold Jackpot mineral properties in Elko County, Nevada.
RIMROCK Gold-Silver Property
The Rimrock Au-Ag property is situated 15 Km southeast of Hecla Mining’s high-grade Midas
gold-silver mine, and 3 km north of its Hollister gold-silver mine. Hecla’s new high-grade Green
Racer gold-silver discovery lies 13 km NW of Rimrock.
Geological Mapping, Sampling and Geophysics Completed. CAT has completed the
geological mapping and sampling at Rimrock. Drone magnetics, ground gravity and Induced
Polarization (“IP”) surveys also were completed, and are being interpreted by CAT’s consulting
geophysicist. Six additional lode mining claims were staked and filed on newly-discovered
gold-silver targets. Final interpretations are being completed.
Several gold-silver targets were outlined by this work, and detailed cross sections are being
prepared in order to fine-tune and prioritize the drilling targets. In the next phase of exploration
at Rimrock, CAT will be drill testing target areas for Midas-Hollister Mine-type epithermal gold-
silver, as well as new target areas for older, Carlin-age gold mineralization. Shallow-depth
silver-(gold) targets are also present, as indicated by drilling in 2007, perhaps associated with
“Hatter”-age (approximately 39 Ma) granitic bodies of Eocene age. Many of the more important
fault zones at Rimrock are interpreted to have been reactivated over time and different events
of mineralization, perhaps on top of each other.
A program of exploration drilling is now being formulated, and these sites will be permitted with
the State and federal Bureau of Land Management (“BLM”) for drilling. Drill permitting is
usually efficient in Elko County with federal and state regulators.
GOLD JACKPOT Copper-Gold-Silver-Tellurium Property
Geological Mapping and Sampling in Progress and Geophysics Completed. CAT
geologists are currently conducting fresh mapping and sampling at Gold Jackpot, and expect to
have it completed by the end of August with data inputted into a computerized GIS system.
Substantial evidence of jasperoid-associated Carlin-style gold mineralization has
recently been discovered, along with previously found evidence of a possible diatreme-
porphyry copper-gold-silver system, and a later superimposed high-grade tellurium-bearing
system. Mapping of these mineralization-alteration features is ongoing.
Drone magnetic and ground gravity surveys were completed. Two IP lines were completed as
well; one atop the diatreme-porphyry target, and one atop the northern part of the Carlin-style
gold target area, where a 1.2 gram per tonne gold in rock chip sample was taken previously by
Gold Reef International. CAT will complete the final interpretations in September following
which initial drill targets will be selected. Paving the way for permitting with the BLM and State.
Mr. Richard R. Redfern, M.S., C.P.G. No. 10717, is the qualified person as defined by National
Instrument 43-101 who has examined the property on the ground, and who reviewed the
geological information available from public sources related to the property, and is responsible
for approving the technical contents of this press release.
About CAT Strategic Metals Corporation:
CAT Strategic Metals Corporation is a Canadian based mineral exploration company focused
on the acquisition and de risking of overlooked projects situated in well-established World
Class geological districts in North America. The Company is specially focused on minerals
which are considered highly strategic from a monetary as well as global infrastructure and
energy point of view. CAT’s shares trade on the Canadian Securities Exchange (CSE) under
the trading symbol “CAT”, on the OTCMarkets.com under the trading symbol “CATTF”, and on
the Frankfurt Stock Exchange under the symbol “8CH”.
ON BEHALF OF THE BOARD
Robert Rosner
Chairman, President & CEO
Further information regarding the Company can be found on SEDAR at www.SEDAR.com, by
visiting the Company’s website www.catstrategic.com or by contacting the Company directly at
(604) 674-3145.
This news release may contain forward–looking statements. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those
currently anticipated in such statements. Particular risks applicable to this press release include risks associated
with planned production, including the ability of the company to achieve its targeted exploration outline due to
regulatory, technical or economic factors. In addition, there are risks associated with estimates of resources, and
there is no guarantee that a resource will be found or have demonstrated economic viability as necessary to be
classified as a reserve. There is no guarantee that additional exploration work will result in significant increases to
resource estimates
Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the
Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
We seek safe harbour