CAT Strategic Metals Exploration Update GOLD Jackpot Property, 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
GOLD JACKPOT PROPERTY, NORTHEASTERN ELKO COUNTY, NEVADA
Vancouver, B.C. August 24, 2021 - CAT Strategic Metals Corporation (CSE: CAT) (OTC:
CATTF) (FRA:8CH) (“CAT” or the "Company") announces the following work update on its
Gold Jackpot mineral property in Elko County, Nevada.
GOLD JACKPOT Copper-Gold-Silver-Tellurium Property
• The interpretation of the drone-based magnetic, ground-based gravity surveys and the
three induced polarization (IP) lines at the Gold Jackpot Property has now been
completed.
• These surveys have defined two distinct geophysical anomalies in two locations that
appear spatially related to previously taken anomalous gold and copper rock chip
samples and are bounded by major regional structures to the west and east
• The high-chargeability and low-resistivity anomalies could potentially represent sulphide
mineralization at depth
• The results of the surveys confirm the Company’s working hypothesis that the southern
anomalies represent a diatreme-porphyry-style target, while the northern anomalies
represent a Carlin-style gold target
• The Company will now commence planning of a follow up exploration programme that
should include drilling to test these exciting targets
James L. Wright M.Sc. of Wright Geophysics has completed the data processing and
interpretation of the latest geophysical results.
In the northern section of the Property three coincident high-chargeability anomaly and low-
resistivity anomaly are associated with a limestone/dolomite host rock (Figure 1). These
anomalies are located in proximity to where a 1.2 gram per tonne gold in rock chip sample was
taken previously by Gold Reef International.
In the southern section of the Property a coincident high-chargeability anomaly and low-
resistivity anomaly is also associated with a folded limestone/dolomite mudstone contact. The
host rocks form an anticlinal structure with the western limb turning vertical or bounded by a
fault. The chargeability section shows a west dipping anomaly wrapping along the western side
of the resistivity-low, perhaps following the limestone-mudstone contact. The exact source of
the anomaly is indeterminate at this stage, however to produce such low-resistivities with
associated chargeabilities is typical of graphite and / or sulfides. While no evidence of graphite
has been seen in this area, anomalous gold and copper rock chip samples appear spatially
related to the geophysical anomalies (Figures 2 & 3). CAT is investigating this as a porphyry-
diatreme copper-gold-silver target, with local highly anomalous tellurium-rich mineralization of
as yet unknown origin.
FIGURE 1: Line 3 Resistivity (Upper) and Chargeability (Lower) over Geology
FIGURE 2: Au Geochem over Line 1 Resistivity (Upper) and Chargeability (Lower)
Sections
FIGURE 3: Cu Geochem over Line 1 Resistivity (Upper) and Chargeability (Lower)
Sections
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