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Canada Strategic Metals discovers 2 zones at Annabelle returning 6.14 g/t au & 1.02 g/t au 32.6 g/t ag, 2.37% cu & 372 ppm Cobalt in grab samples

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Montreal, Quebec – November 22, 2017 – Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) is pleased to report the results of its first mapping and sampling exploration program on the Annabelle Project.The program consisted of large scale prospecting and sampling surface work over the 100% owned Annabelle property located in Quebec, James Bay.

The prospecting and geological survey was planned based on the recent compilation of historical work. The program was a success, returning strong gold, copper and silver values over 2 different zones. The best results returned 6.14 g/t gold and 1.02 g/t gold 32.6 g/t silver, 2.37% copper, and 372 ppm cobalt. These results defined multiples anomalous structures, located mainly in the central and eastern portion of the project. Results are showing that the Gold mineralization seems to be associate to quartz vein and/or stringer and/or copper mineralization. Historical work also returned 3.6% Cu and 790 ppb Au in a 1 kilometer nearby outcrop extending the potential of a discovery. (See map below)

Best results and sampling localization map

The Company is currently compiling all new results to follow up with a more extensive exploration program on the Annabelle property in the next year that may include specific surveys, channel sampling, land stripping and diamond drilling. A total of 274 chip samples were collected and sent to the ALS laboratory to be assayed for gold and minerals indicator. The sampling program was design to discover new areas of interest over the large land package, there for 268 samples returned minimal to zero values. The property is still largely under-explored with more than half of the project to be explored in the next summer program. The table below shows the best results for the program.

Table of best results (Annabelle)

Grab
sample #
EastingNorthingAu ppmAg ppmCo ppmCu ppmZn ppmCu %
4919038013357920333.723333027
4911936875257972226.140.2121039
4913437985157921531.0232.622>100009532.37
4900938361857874851.7653.737210107
4901038361857874852.1115273612
4904737933357936081.360.51174
** Grab samples are selective by nature and are unlikely to represent the average grade of the deposit.

Regional location map

The Annabelle project is located about 65km west of the Eastmain Resources Eau Claire project and approximately 40 kilometers west of Goldcorp Eleonore gold deposit, in Quebec, James Bay.

The large (182.44 km2) project is clearly under-explored, but always showed a strong mineral potential. The main reason of the limited work was due to the unfavorable economic climate of the past few years. The discovery potential is related to the greenstone belt geological settings covering the volcano-sedimentary sequences and intrusions of the Opinaca sub province.

Regional geological map

The 2017 sampling program was managed by Consul-Teck Exploration of Val-d’Or, Quebec, who designed and supervised the program. A total of 274 chip samples were collected and sent to the ALS laboratory to be assayed for gold and indicator minerals.

Consul-Teck Exploration implemented QA/QC procedures to ensure best practices in sampling and analysis of the samples. In this case, there was no blank or standard inserted, but the Company intends to re-analyze some samples, as described in its QA/QC procedures.

The samples were delivered, in secure tagged bags, directly to the analytical facility for analysis, in this case the ALS Minerals laboratory facility in Val-d’Or, Quebec. The samples are weighed and identified prior to sample preparation. All samples are analyzed by fire assay with AA finish on a 30g sample (0.005-10 ppm Au) and ICP-41 for the other elements. Value over 10,000 ppm were re-assays by OG-46.

Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder,Executive Chairman and Exploration Manager of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 22,584 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Francois Meilleur
President and Chief Executive Officer
514-951-2730 

Paradox Public Relations
514-341-0408 

Momentum Public Relations Inc. 
450-332-6939

Neither the TSX Venture Exchange nor its Regulation Services Provider  (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Canada Strategic Metals undertakes a vast exploration program on its James Bay gold properties

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Montreal, Quebec – August 23, 2017 – Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) is pleased to announce the start of a major exploration program on its properties in Quebec’s James Bay region. The Company has finished compiling data from historical work on the Apple property and the recently acquired Annabelle, Blanche and Charles properties, which are 100% owned by the Company. A total of 30 days of prospecting and mapping are planned for each of the new properties (Annabelle, Blanche and Charles), as well as approximately two weeks of sampling and channelling work on the Apple project, located in the immediate vicinity of the Sakami project (see press release dated March 21, 2016). 

Apple Property

The prospecting and geological surveying work carried out in the summer of 2016 was a success, with the discovery of multiple new zones and assay results from 291 grab samples of up to **5.28 g/t gold, 95 g/t silver, 0.81% copper, 1.71% lead, 1.83% zinc and 576 ppm cobalt. The new program will test the showings discovered in 2016 through follow-up work and detailed mapping, as well as stripping and channelling to better outline the mineralized zones. The table below shows the best results from the 2016 program.

Table of best results (click to enlarge)

** The samples are selective by nature and are unlikely to represent the average grade of the deposit.

Geological and geophysical compilation maps for the Apple property can be found here.

The 2015 sampling program was managed by Consul-Teck Exploration of Val-d’Or, Quebec, who designed and supervised the program.

Consul-Teck Exploration applied QA/QC procedures to ensure best practices in sampling and analysis of the grab samples. The grab samples were described and sent for assay. Duplicates, standards and blanks were inserted regularly into the sample stream.

A total of 291 samples were collected and sent to the ALS and Bourlamaque laboratory to be assayed for gold and indicator minerals. The samples were delivered, in secure tagged bags, directly to the analytical facility for analysis, in this case the ALS Minerals and Bourlamaque laboratory facility in Val-d’Or, Quebec.  The samples are weighed and identified prior to sample preparation. All samples are analyzed by fire assay with AA finish on a 30g sample (0.005-10 ppm Au) and ICP-41 for the other elements. Value over 10,000 ppm were re-assays by OG-46. 

Annabelle Property

The prospecting program on the Annabelle property is aimed at discovering gold showings as well as showings of base metals such as copper, silver, nickel and zinc.

Systematic sampling will be done at each change in lithology or texture, with particular attention paid to areas most likely to contain mineralization, such as lithological contacts, faults, shear zones and the metamorphic gradient.

Local geology

The Annabelle property hosts several geological units but appears to be mainly composed of sedimentary rocks and minor iron formations. Mafic volcanic bands 2-10 km long by 1-5 km wide are also wedged between the sedimentary rocks and intrusive bodies, and intermediate tuffs have been observed in the form of long bands similar to the mafic volcanics. The units are distributed parallel to each other in a northwest-southeast orientation with penetrative schistosity. There is a regional curvature in the most northwestern part of the property (possibly a regional fold resulting from the intrusive to the north), and everything appears to have been displaced by northeast-striking faults.

Mineralization

The mineralization of the newly-acquired Annabelle property (formerly the Wabamisk property) appears to consist mainly of pyrite and pyrrhotite with arsenopyrite-enriched zones. Several occurrences of chalcopyrite and bornite, two copper sulphides, have also been observed. The mineralization has been found in sedimentary, volcanic and intrusive units and thus does not appear to be associated with any type of lithology in particular. The sulphides are usually disseminated, but sometimes occur in stringers (mm – cm).

The gold appears to be associated with quartz-tourmaline veins and veinlets with pyrite, pyrrhotite and chalcopyrite in wackes/greywackes (sedimentary rocks/arenites) at the edges of the contacts between the units and in the shear zones. The volcanic rocks and intrusives have also returned anomalous gold values, but very little compared to sedimentary rocks.

Geological and geophysical compilation maps for the Annabelle property can be found here.

Blanche and Charles Properties

The goal of the exploration program on the Blanche and Charles properties is to sample the properties systematically to establish a reliable geological database and improve the understanding of the geology and structure of the various sectors. In addition, the geological setting (greenstone belt) appears to be favourable for the discovery of gold and base metals.

Local geology

There is very little information available on the Blanche and Charles properties. In general, a wide band of mafic volcanic rock (greenstone) is observed, about 40 km long by 2-5 km wide on the Blanche property and 8-10 km long by 2-3 km wide on the Charles property.

Blanche Property

The Blanche property primarily consists of a wide, east-northeast trending mafic band interpreted as an amphibolite basalt interbedded with small segments of magnesium basalt and komatiite, iron formations (silicate and/or oxidized) and wackes. The property is bordered to the south and north by intrusive rocks that have been described as Hornblend and biotite tonalite ± magnesium to the south and tonalitic gneiss, tonalites, granodiorites and quartz monzogranites to the north.

Particular attention should therefore be paid to the lithological contacts between iron formations, wackes and amphibolite basalts. Work carried out by ExploLab on behalf of Les Explorations Carat Inc. confirmed the presence of gold in the iron formations. The mineralization is highly variable, but can be up to 10% sulphides locally. The sulphides observed were pyrrhotite, pyrite and arsenopyrite, generally associated with bands of chert. The pyrrhotite occurs in veinlets (mm) and the pyrite and arsenopyrite are disseminated or in small clusters. ExploLab concluded that the gold is associated with arsenopyrite. Some intrusives (felsic rocks) also showed chalcopyrite and sphalerite mineralization. 

In addition, the magnetic highs and lows can be easily located on the magnetic map of the area, which makes it possible to easily identify the iron formations and the pyrrhotite-rich wackes. The western sector, which corresponds to a magnetic high bordered by a magnetic low, warrants careful sampling, as significant gold anomalies have been observed in showings such as the Simon showing on the La Pointe sector of the Sakami property in the same type of setting (signature).

Geological and geophysical compilation maps for the Blanche property can be found here.

Charles Property

The Charles property seems relatively similar to the Blanche property. It consists almost entirely of a northeast-striking band of mafic rocks (amphibolited amphibolite-basalt) interbedded with banded iron formations (silicate and/or oxidized) and paragneiss bands derived from feldspath wackes with biotite and garnet. Some parallel bands of ultramafic rocks (peridotite and pyroxenite) have been observed. Magnetic highs can be clearly seen in the southern portion of the property on the magnetic map of the property. This strong magnetism must correlate with the presence of numerous silicate, oxidized and sulfurized (pyrrhotite) iron formations. The magnetic lows associated with magnetic highs on this property also merit careful sampling; such sites are often the preferred locations for the deposition of mineralization.

Geological and geophysical compilation maps for the Charles property can be found here.

Jean-Sebastien Lavallée (OGQ #773), geologist, Executive Chairman and Exploration Manager of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 22,584 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Francois Meilleur
President and Chief Executive Officer
514-951-2730 

Paradox Public Relations
514-341-0408 

Momentum Public Relations Inc. 
450-332-6939 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Annual Meeting

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Montreal, Quebec – July 26, 2017– Canada Strategic Metals Inc. (“Strategic Metals” or the “Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) announces that, at its annual meeting held on July 26, 2017, shareholders of the Company approved all the items, including:

  • Election of Jean-François Meilleur, Jean-Sébastien Lavallée, Hugo Monette, Paul Bonneville, Dwayne Melrose and Alan Sexton as directors;
  • Appointment of Raymond Chabot Grant Thornton LLP as auditors.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 22,584 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Francois Meilleur
President and Chief Executive Officer
514-951-2730

Paradox Public Relations
514-341-0408

Momentum Public Relations Inc.
450-332-6939

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release.

CJC.V receives $364,000 from Lomiko under the option agreement of La Loutre and Lac des iles projects

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Montreal, Quebec and Vancouver, British-Columbia – July 19, 2017 – Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) and Lomiko Metals Inc.(“Lomiko”) (TSX-V:LMR, OTC:LMRMF, FSE:DH8B) are very pleased to announce that Lomiko has completed all work and shares payments requirements to earn an 80% interest in the La Loutre Flake Graphite Property. Lomiko paid $364,000 to Canada Strategic in order to complete the second option agreement allowing Lomiko to acquire an 80 % interest in the La Loutre and Lac des Iles graphite projects.

Canada Strategic and Lomiko signed a third option agreement on May 16, 2016 and an amended agreement was signed on January 3, 2017 to allow Lomiko to acquire 100% interest in both properties by issuing 750,000 shares and by financing exploration work for a total amount of $1,125,000 on projects owned by the Company.

A map of hole localisation and results is available on the web site of the Company and under the Quicklinks tab on lomiko.com. Lomiko is currently working on metallurgy and graphite characterization and will return to its drilling campaign in the Fall of 2017.

The La Loutre property consists of contiguous claim blocks totaling approximately 2,867.29 hectares (28,67 km2) situated approximately 53 km east of Imerys Carbon and Graphite, formerly known as the Timcal Graphite Mine, North America’s only operating graphite mine, and 117 km northwest of Montreal.

Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder of both companies, Executive Chairman and Exploration Manager of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 22,584 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Francois Meilleur
President and Chief Executive Officer
514-951-2730

Paradox Public Relations
514-341-0408

Momentum Public Relations Inc.
450-332-6939

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release.

Increase of the stock option plan

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Montreal, Quebec – June 27, 2017 – Canada Strategic Metals Inc. (“Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) is pleased to announce that it has increased the number of shares reserved for issuance under its stock option plan (the “Plan”) by 4,252,750. The total number of shares issuable under the Plan now stands at 10,292,724.

The increase is subject to the approval of the TSX Venture Exchange.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 22,584 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Francois Meilleur
President and Chief Executive Officer
514-951-2730

Paradox Public Relations
514-341-0408

Momentum Public Relations Inc.
450-332-6939

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release.

Canada Strategic Metals intersects 1.70 g/t Au over 30 m, including 4.26 g/t Au over 4.5 m, extending the strike length of Zone 25 to 700 m on the Sakami Property

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Highlights of the 2,925 m spring drill campaign on Zone 25 extension

  • 1.70 g/t Au over 30 m, including 4.26 g/t over 4.5 m
  • 1.96 g/t Au over 28.7 m, including 4.11 g/t over 7.9 m
  • 3.82 g/t Au over 3.0 m
  • Hole PT-17-105 finished in mineralization with 0.73 g/t Au over 6 m

Montréal, June 19, 2017 – Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) and Matamec Explorations Inc. (TSX-V: MAT, OTC-QX: MHREF) are pleased to announce the complete results from the 2017 spring drilling campaign on the Sakami property. A total of 2,925 m of drilling was completed in 7 drill holes (PT-17-100 to PT-17-106) along the shore of Sakami Lake to extend the known mineralized body to the west and at depth. This drilling successfully extended the strike length of the zone to 700 m, and appears to support the theory of higher grade subdomains with rakes trending west-south-west (see figure 1). The broken core in drill hole PT-17-104A and the disjointed nature of PT-17-105 highlight the increasing geological complexity to the west. The PT-17-105 hole finished in mineralization reaching drill rig depth capacity. This confirms the depth continuity of the mineralization and further investigation will be required to understand the total width at a vertical depth of 450 m.

The highlights of this lot of results are from PT-17-102 with 1.7 g/t Au over 30 m including 4.26 g/t Au over 4.5 m and PT-17-106 with 1.17g/t Au over 10.5 m. Drill hole PT-17-104 was recollared (PT-17-104A) and did not reach the target depth due to poor rock quality; possibly related to a fault zone (white dot on figure 1). However, it did intersect 3.82 g/t Au over 3 m at a shallower level and in a similar geological context as Zone 25. Drill holes PT-17-103 and PT-17-105 did not intersect any significant Au mineralization at the expected intervals in the drilling, which highlights the potential geological complexity at the western extent (grey dots on figure 1). Further interpretation and geochemistry on the nature of a new diorite intrusion in the sequence should give a better understanding of the geological model as it will confirm the rock composition as a diorite or a highly altered paragneiss. This potential diorite could add to a growing list of geological similarities with Goldcorp’s Eleonore Deposit. Mineralized intervals for PT-17-100 and PT-17-101 have previously been announced. The best intersections for the entire 2017 drill campaign are displayed in the table below.

Hole NameFromToLength*Au
Previously ReportedPT-17-100*295.5307.512.01.02
Including304.5307.53.02.07
PT-17-101311.6340.328.71.96
Including313.1321.07.94.11
New ResultsPT-17-102328.5358.530.01.70
Including354.0358.54.54.26
PT-17-102367.5376.59.01.32
PT-17-104A240.0243.03.03.82
PT-17-105586.5592.56.00.73
PT-17-106196.5207.010.51.17
*Core length; the true thickness is between 70 to 95% of the core length

Figure 1 : Oblique view perpendicular to Zone 25 showing the spring 2017 drill campaign results. Diameter of spheres are equal to the length of intervals and the colour is related to grade. Ellipses illustrate the apparent “higher grade rakes” that show a notable gap in results in between. Only 2017 drilling is annotated.

Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder, Executive Chairman and Exploration Manager of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 22,584 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Francois Meilleur
President and Chief Executive Officer
514-951-2730

Paradox Public Relations
514-341-0408

Momentum Public Relations Inc.
450-332-6939

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release.

Canada Strategic Metals acquires district-scale greenstone belt land package in Quebec

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Montreal, Quebec – May 24, 2017 – Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) is pleased to announce the acquisition of three new high-potential properties named Annabelle, Blanche and Charles. The three properties are covering a large greenstone belt districts on the Eastmain and La Grande volcanic belts in the James Bay area. The ground acquired covers more than 75 continuous kilometres of the volcano-sedimentary contact along with the existing infrastructure, including roads, power lines and airports. The geological settings of both sub province are hosting several new discoveries and deposits like; Chechoo, Eau Claire, Coulon, La Grande Sud and Eleonore.

We are very pleased with these new acquisitions, and we will be more active than ever this summer exploring this new ground and giving to this under-explored area additional discovery potential,” said Jean-François Meilleur, President and Chief Executive Officer of Canada Strategic Metals.

The area where the three new properties are located already hosts known gold showings, but work has been limited due to the unfavourable economic climate of the past few years. The area is clearly under-explored, with good potential related to the greenstone belt geological settings. The Annabelle property covers the volcano-sedimentary sequences and intrusions of the Opinaca sub province, while the two properties in the north, Blanche and Charles, cover the volcanic-sedimentary rocks of the La Grande sub province.

The three newly acquired properties have strong gold potential, with several known showings found on properties about five kilometres south owned by Azimuth/Soquem and Osisko Mining. The Annabelle property, which covers 183 square kilometres, lies approximately 40 km west of Goldcorp Inc.’s Eleonore deposit. Eleonore is a world-class gold deposit with proven reserves of 3.09 million tonnes grading 6.72 g/t Au (670,000 oz Au) and probable reserves of 20.35 million tonnes grading 5.97 g/t Au (3.90 million oz Au), as well as a measured resource of 3.21 million tonnes at 7.27 g/t Au (750,000 oz Au), an indicated resource of 1.92 million tonnes at 2.97 g/t Au (180,000 oz Au) and an inferred resource of 9.73 million tonnes at 7.52 g/t Au (2.35 million oz Au).

Reference link (Goldcorp’s projects)

The three newly acquired properties consist of a total of 664 claims covering an area of approximately 345 square kilometres. The claims are being processed by the Ministère de l’Énergie et des Ressources naturelles (“MERN”), and will soon be registered and 100% owned by Canada Strategic Metals. The Company’s team is currently in the process of compiling all the available data in preparation for the summer exploration season.

Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder, Executive Chairman and Exploration Manager of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 22,584 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Francois Meilleur
President and Chief Executive Officer
514-951-2730

Paradox Public Relations
514-341-0408

Momentum Public Relations Inc.
450-332-6939

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Canada Strategic intersects 4.11 g/t Au over 7.90 m on Zone 25, extending the zone by 70 m on the Sakami Property

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2,925 m spring drill campaign on Zone 25 confirms the extension of gold mineralization to the west; more results to come

Montreal, Quebec – May 18, 2017 – Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) and Matamec Explorations Inc. (TSX-V: MAT, OTC-QX: MHREF) are pleased to announce the first results from the most recent drilling program on the Sakami property, of which the two companies each own 50%. A total of seven holes have been drilled for a total of 2,925 m of drilling. The program was design to extend the known mineralized body to the west. Drilling in 2017 suggests that the mineralization is thicker and locally richer in that direction. It also confirms the relatively consistent orientation of the mineralization, which allows for more aggressive step-outs of 90m.

To date, the Company has received and compiled the assay results for the two first holes, PT-17-100 and PT-17-101. These holes were planned to test the extension of the mineralized zone to the west and northwest, as well as down dip. Both holes returned wide gold-bearing intersections, with1.96 g/t Au over 28.70 metres from Hole PT-17-101, including 4.11 g/t over 7.90 metres, and 0.75 g/t over 30.00 metres from Hole PT-17-100. These results once again confirm the extension of the gold corridor to the west. Details for all mineralized intersections and gold assay results from the recent program received and compile to date are shown in the table below.

Hole #From (m)To (m)Length* (m)Au (g/t)
PT-17-100295.5325.5030.000.75
PT-17-101311.6340.3028.701.96
including313.1321.007.904.11
* Core length; the Company estimates the true width of the mineralized zone at 70 to 95% of the core length.

The Company will release the results for the remaining holes as soon as they have been received and compiled.

Figure 1 : Results to date confirm the extension of Zone 25 by at least 70 m to the west. The Company is awaiting analytical results for drill holes shown in red.

Consul-Teck Exploration applied QA/QC procedures to ensure best practices in sampling and analysis of the core samples. The drill core was logged and then split, with one half sent for assay and the other retained in the core box as a witness sample. Duplicates, standards and blanks were inserted regularly into the sample stream.

The samples were delivered, in secure tagged bags, directly to the analytical facility for analysis, in this case the ALS Minerals laboratory facility in Val-d’Or, Quebec. The samples are weighed and identified prior to sample preparation. All samples are analyzed by fire assay with AA finish on a 30g sample (0.005-10 ppm Au), with a gravimetric finish for assays over 10 ppm Au.

Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder, Executive Chairman and Exploration Manager of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 22,584 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Francois Meilleur
President and Chief Executive Officer
514-951-2730

Paradox Public Relations
514-341-0408

Momentum Public Relations Inc.
450-332-6939

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Canada Strategic Metals appoints Jean-François Meilleur as Chief Executive Officer and President

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Montreal, Quebec – May 4, 2017 – Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) is pleased to announce the appointment of Mr. Jean-Francois Meilleur as Chief Executive Officer and President.

Jean-François Meilleur is actually Vice-President of Critical Elements involved in the development of a lithium project in the James Bay area. He is also a Managing Partner and co-owner of Paradox Public Relations. His many accomplishments include playing a key role in project development, strategic marketing and management leadership. Also, he contributed successfully for different projects to raising funds through the capital markets. Mr. Meilleur holds a Bachelor’s Degree from the HEC business school (Hautes Études Commerciales) in Montreal, with a specialization in marketing and finance.

I’m very enthusiastic in joining the very talented and dynamic team of Canada Strategic Metals“, said Jean-Francois Meilleur new CEO & President of Canada Strategic Metals. Quebec is currently the top exploration jurisdiction in the world and we are well position to benefit from this momentum with the Sakami Gold Project.

Canada Strategic Metals would like to thanks Mr. Jean-Sebastien Lavallée for his great contribution to the development of the Company in his Role of President and Chief Executive Officer. Mr. Lavallée will now act as Executive Chairman and Exploration manager for the Company.

The Corporation has granted Mr. Meilleur 1,000,000 stock options, each of which entitles its holder to acquire one common share for $0.15 until May 4, 2022.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 22,584 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Francois Meilleur
President and Chief Executive Officer
514-951-2730

Paradox Public Relations
514-341-0408

Momentum Public Relations Inc.
450-332-6939

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Canada Strategic Metals Announces Commencement of New Drilling Program on the Sakami Gold Property

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3,000 m campaign on Zone 25 seeks to confirm the extension of gold mineralization to the west and follow up on previous results that include 21.05 m of 4.94 g/t Au

Montreal, Quebec – March 28, 2017 – Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) and Matamec Explorations Inc. (TSX-V: MAT, OTC-QB: MHREF) are pleased to announce the commencement of drilling on the Sakami property. A total of 3,000 m of drilling is planned on Sakami to extend the known mineralized body to the west. Drilling in 2016 suggests that the mineralization is thicker and locally richer in this direction. It also confirms the relatively consistent orientation of the mineralization, which allows for more aggressive step-outs of 90 m.

The figure below illustrates the distribution of mineralized intervals and planned drilling.

Figure 1. Oblique image of Zone 25 showing the distribution of mineralized intervals created using a 1g/t lower limit and shown as spheres according to the thickness. Red traces represent the planned drilling.

Figure 2Vertical section looking west, showing the proposed drill traces in red with respect to the possible extensions to Zone 25 (grey polygon).

At this time, each company owns 50 % of the Sakami project. Canada Strategic Metals recently exercised an option to acquire an additional 20% of the Sakami property from Matamec in exchange for 1 million shares in the Company and a commitment to spend CDN$ 2,000,000 in exploration work per year for the next five years, during which time it must also complete an independent bankable feasibility study. Please see the press release from February 14th, 2017 for more details of the option agreement and the ownership structure of the property. During the period covered by the option agreement, Canada Strategic Metals will remain the operator of the exploration works, supervised by a management committee comprising two representatives of Canada Strategic Metals and two representatives of Matamec.

Canada Strategic Metals is well funded, having recently closed a round of funding for a total of $1,329,690 hard cash and $2,502,500 flow-through.

The drilling program has designed by Guy Desharnais, Ph.D. (OGQ No.1141), employed by SGS Canada Inc. and independent of Matamec and Canada Strategic.

Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder and Chief Executive Officer of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Sébastien Lavallée, P. Geo
President and Chief Executive Officer
819-354-5146

Paradox Public Relations
514-341-0408

Momentum Public Relations Inc.
450-332-6939

Neither the TSX Venture Exchange nor its Regulation Services Provider(as that term is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release.