CAT Strategic Metals Files Rimrock Ni 43-101 Technical Report
NEWS RELEASE
CSE: CAT
OTC: CATTF
FRA:8CH
1010 –789 West Pender Street, Vancouver, BC V6C 1H2
CAT STRATEGIC METALS FILES RIMROCK NI 43-101 TECHNICAL REPORT
Vancouver, B.C. May 12, 2021 - CAT Strategic Metals Corporation (CSE: CAT) (OTC:
CATTF) (FRA:8CH) (“CAT” or the "Company") announces the following update on its Rimrock
Gold-Silver mineral property in Elko County, Nevada.
Rimrock Gold-Silver Property
CAT has completed and filed its new NI 43-101 compliant technical report on the Rimrock
Gold-Silver property, produced by Gregory C. Ferdock, Certified Professional Geologist
(C.P.G.) and a qualified person under NI 43-101. Mr. Ferdock is the Company’s independent
consulting geologist.
The Rimrock Property is situated 16 Km northwest of the giant Goldstrike Mine complex of
Nevada Gold Mines LLC. Rimrock lies in between the large Midas and Hollister gold-silver
mines of Miocene age, owned by Hecla Mining, in the Northern Nevada Rift (“NNR”) low-
sulfidation gold-silver province. In addition, Carlin Trend sediment-hosted gold mineralization
extends directly through the Rimrock property from Hollister, along the NNW-trending Eastern
Horst block. Fluids related to the Eocene Hatter stock mineralized Paleozoic sedimentary rocks
at Hollister, and CAT interprets that similar gold-silver mineralization occurs at Rimrock, along
the major regional fault system that goes through both Rimrock and the Hollister Mine.
Three main gold-silver target areas are presently known at Rimrock, and a large-size bentonite
mine target locally overlies the gold-silver mineralization.
1) Ivanhoe Creek: Midas- and Carlin-style gold-silver. Two large NNW-trending uplifted
host fault blocks are interpreted to have formed prior to the time of Carlin-age age gold,
and then were re-activated at the time of the mineralization. WNW-trending faults also
existed at Hollister. A zone of strong sediment-hosted silver-gold mineralization was
drilled into the Eastern Horst faults area in 2007 for Kent Exploration, discovering
possibly disseminated Carlin-age silver-gold-tungsten mineralization in mudstone and
quartzitic sandstones, fed through the main NNW-trending fault zones. This
mineralization conceivably could be a silver-rich halo above Carlin-style gold
mineralization at further depth, along the periphery of the Hatter stock system.
Additional Miocene low-sulfidation gold-silver mineralization appears to be present here
also, as determined by geochemistry.
2) Dilation: Midas-Hollister-style low-sulfidation gold-silver targets are present along the
NNE-trending IC Fault system in the northern part of the Rimrock property. Structurally-
controlled mercury-bearing mineralization is present in and near the IC Fault, which is
believed to also be a pre-Carlin age structure that was reactivated and host to different
events of mineralization. A large fault jog is present, here termed the “Rhombochasm”
zone. This is over 200 meters wide and 1 km long, forming a major structural target for
gold-silver mineralization. A controlled-source audio magnetotelluric (“CSAMT”)
geophysical survey conducted here in 2013 verified the target zone. The most likely
drilling target will be in this fault jog at the 5100-foot (1555m) MSL elevation level, which
was the centroid elevation of the main high-grade gold-silver ore mineralization in the
Clementine/Guinevere vein systems mined at Hollister. Potential exists for the
discovery of open pitable gold-silver mineralization here as well.
3) Columbus Breccia: the Columbus Breccia target in the northeastern part of the Rimrock
property is a brecciated zone that cuts flow domes of Columbus Rhyolite (14.92 Ma),
with silica and mercury-silica mineralization locally filling fractures and breccias.
These gold-silver targets will be evaluated by more surface mapping and sampling will
be conducted here prior to modeling and further drilling.
4) IC Bentonite: In addition to the gold-silver target areas, a large-size occurrence of
bentonite is covered by the central part of CAT’s claims, that overlies the gold-silver
bearing strata. Bulk sampling of this deposit took place in the 1980s, and Halliburton
examined the occurrence in the late 2000s. Further work is being done on the bentonite
to determine its possible economic value.
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.
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