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CAT Strategic Metals Closes Second, and Last, Tranche of Personal Placement


Overview

As traders try to mitigate the dangers related to the commodities cycle whereas nonetheless gaining publicity to its wealthy alternatives, useful resource firms with diversified portfolios could present an thrilling resolution.

Diversified steel portfolios, versus restricted particular person steel sectors, are hedged in opposition to worth declines for a given commodity offering a much less dangerous and extra priceless funding for traders. Portfolio diversification additionally permits mining firms to enhance money circulation and capitalize on the width and breadth of steel and mineral markets whereas managing fluctuating commodity values.

One such firm is CAT Strategic Metals (CSE:CAT, OTC:CATTF, FRA:8CH), a mineral exploration firm targeted on the acquisition and exploration of diversified and strategic North American mineral tasks. The corporate’s present tasks embody a variety of minerals and metals together with gold, silver, uranium, copper and tellurium.

“We search for undervalued tasks which have already had publicity, that already had some work accomplished up to now, that possibly had been deserted over time for a wide range of causes, however nonetheless have good potential going ahead,” mentioned CAT Strategic Metals CEO Robert Rosner in an interview with INN.
CAT Strategic Metals employs a hybrid mannequin that seeks out, analyzes, and acquires tasks which have sturdy potential given previous numerous mineral outputs and supporting samples. This hybrid mannequin saves the corporate from spending time and assets on discovery and exploration of uncharted areas like different mining firms do. The corporate additionally takes benefit of strategic positioning by finding tasks in mineral-rich areas of the world and close to high-yielding mines equivalent to Hecla Mining Firm’s Hollister Nevada and Midas Nevada gold-silver mines.

The Rimrock undertaking is positioned within the mining-friendly jurisdiction of Nevada within the US, solely 15 km southeast of Hecla Mining’s (NYSE:HL) high-grade Midas gold-silver mine and three km north of the Hollister gold-silver mine. Close to-surface mineralization exhibits the potential for the property to host a number of high-grade, low sulfidation, gold and silver deposits, in addition to for Carlin-style gold deposits at larger depths.

The Gold Jackpot is positioned within the prolific Elko district in northeastern Nevada, 100 km north of Nevada Gold Mines’ Lengthy Canyon gold mine. Different notable tasks in the identical area are Phoenix Copper-Gold, Roninson porphyry copper-gold, Turquoise Ridge/Getchell Mine, Twin Creeks, Goldstrike and Carlin-Mike Cu-Bluestar-Exodus gold. The corporate believes that Gold Jackpot has potential for Porphyry Copper-, Emperor, Fiji-, Carlin- and Midas Fashion deposits and Exploration Fashions.

CAT Strategic Metals additionally has two different strategic tasks: the Burntland undertaking (copper, silver and gold) in New Brunswick and South Preston undertaking (uranium) in Saskatchewan.

CAT Strategic Metals has accomplished geologic mapping, sampling, Gravity-, MAG- and now’s conducting Induced Polarization surveys of large-scale gold-silver targets on the Rimrock and Gold Jackpot tasks. The corporate intends to outline drill targets on each tasks primarily based on the outcomes from these numerous applications.

CAT Strategic Metals hyperlinks its success to a couple key elements together with its strategic alliances and acquisitions and its extremely expert administration workforce. The corporate has comparatively low overhead when in comparison with its counterparts within the business, which has made the corporate extremely environment friendly in acquiring funding and operationalizing its tasks.

The corporate’s administration workforce is well-experienced within the mining and exploration business, sustaining present positions at Fortunate Minerals Inc. (TSXV:LKY), EMGold Mining Company (TSXV:EMR) and Tarku Sources Ltd. (TSXV:TKU) and former administration positions at Stria Lithium (TSXV:SRA) and Osisko Mining Company Canada (TSX:OSK).

Firm Highlights

  • CAT Strategic Metals’ present tasks deal with a variety of minerals and metals together with gold, silver, uranium, copper and tellurium in mining-friendly areas.
  • CAT Strategic Metals employs a hybrid mannequin of buying mines which were deserted however preserve sturdy potential given previous mineral outputs and pattern indications which permits for bypassing of the invention part.
  • The corporate has two tasks in Nevada: Rimrock and Gold Jackpot; and two tasks in Canada: Burntland (copper, silver and gold) in New Brunswick and South Preston (uranium) in Saskatchewan.
  • The Rimrock undertaking is positioned within the prolific Carlin and Midas developments and hosts near-surface mineralizations with the potential for high-grade, low sulfidation gold and silver deposits, in addition to bigger Carlin-style gold deposits at depth. The property is barely 15 km southeast of Hecla Mining’s high-grade Midas gold-silver mine.
  • The Gold Jackpot is positioned within the prolific Elko district in northeastern Nevada, 100 km north of Nevada Gold Mines’ Lengthy Canyon Gold Mine. Gold Jackpot probably has porphyry copper, Emperor gold-tellurium, Carlin- and Midas-style exploration fashions.
  • The corporate’s administration workforce has an extended historical past of success within the mining and exploration business together with presently held positions at respected mineral exploration firms.

Key Initiatives

Rimrock Mission

The Rimrock undertaking is positioned within the Elko district of Nevada, US close to Hecla Mining Firm’s Hollister Nevada and Midas Nevada mines, which thus far have yielded 0.5 million ounces of high-grade gold-silver and a couple of.2 million ounces of high-grade gold and 25 million ounces of silver, respectively. The property sits on the Carlin Development and the Midas Development, that are prolific gold mine producing areas. The undertaking additionally has an intensive infrastructure to assist year-round operation on the 1,162-hectare land package deal.

The Rimrock undertaking is a multi-target gold and silver system located 15 km southeast of Hecla Mining’s high-grade Midas gold-silver mine, 13 km from new high-grade Inexperienced Racer Sinter gold-silver discovery and three km north of its Hollister gold-silver mine. Rimrock has the potential for shallow epithermal techniques, much like the Midas and Hollister mines, that are low sulfidation, high-grade gold deposits, and the potential for deeper Carlin-type gold deposits.

Mapping, sampling, gravity, and drone MAG survey applications have been accomplished in 2021, and a excessive decision deep-seeking Induced polarization survey is now underway. Geologic mapping and rock-chip sampling has uncovered three new gold-silver drilling targets, bringing CAT Strategic Metals a complete of 5 drilling targets to pursue in coming months.

Gold Jackpot Mission

The Gold Jackpot undertaking is positioned within the Elko district in northeastern Nevada, US which is believed to host a porphyry copper-, Emperor, Fiji-style Au-Te, Carlin-style Au, and Midas-style gold-silver exploration fashions. The undertaking’s area is very mineralized and sits on the Pequop Gold-Copper Development, positioned east of the Battle Mountain-Eureka Development, Getchell Development and Carlin Developments, that are copper- and gold-rich areas. The undertaking is positioned close to high-yielding copper and gold mines equivalent to Lengthy Canyon, Robinson Copper-Gold, Phoenix Copper-Gold, Turquoise Ridge/Getchell Mine, Twin Creeks, Goldstrike and Carlin-Mike Cu-Bluestar-Exodus.

Gold Jackpot has had substantial historic exploration accomplished from the Nineteen Eighties to the early 2000s together with 27 drill holes accomplished by Tenneco from 1988 to 1989. The undertaking has a number of exploration targets together with the Carlin-style gold goal that sampled as much as 16 g/t of gold, a diatreme-porphyry copper-gold system and the gold-silver-tellurium-gold-silver goal that yielded as much as 4 kg/t of tellurium.

Interpretation of a drone-based magnetic, ground-based gravity surveys and induced polarization traces on the have been accomplished and outlined two distinct geophysical anomalies in two places. The surveys have additionally confirmed that the southern anomalies signify a diatreme-porphyry-style goal, whereas the northern anomalies signify a Carlin-style gold goal.
Planning for a observe up exploration program is underway.

South Preston Mission (Uranium)

The South Preston undertaking is positioned southwest of the uranium-rich area of the Athabasca Basin in Saskatchewan, Canada.

The undertaking has greater than 10 km of adjoining property bordering NexGen Power Ltd. which just lately found the high-grade Arrow uranium deposit. One other current discovery within the area belongs to Fission Uranium Corp. which found the Triple R uranium Lake South deposit. The undertaking additionally has greater than 18.5 km of a steady boundary with Orano which is a number one international uranium producer. Moreover, South Preston has 50 km of contiguous declare border with Azincourt Power Company.

The South Preston undertaking may probably host the extension of a precedence uranium exploration hall extending from NexGen Power Ltd.’s Rook-1 Mission to Azincourt Power Corp.’s East Preston Uranium undertaking close by.

Burntland Mission (Copper, Silver and Gold)

The Burntland Mission is positioned within the northern portion of New Brunswick, Canada in a area with high-grade silver, gold and copper potential. The undertaking is accessible year-round with highways and logging roads. Burntland is positioned close to the large-scale VMS Bathurst mining district and is adjoining to McKenzie and Rocky Brook regional fault techniques.

Mineralization within the space is hosted inside skarns, proximal to intruding porphyry dykes. Assay outcomes present high-grade copper mineralization as excessive as 16.3 p.c Cu and silver mineralization as excessive as 220 g/t Ag. The undertaking has 5 targets which might be believed to include copper mineralization in porphyry techniques primarily based on related geological elements.

The corporate has accomplished a drone MAG survey in 2021 to detect and delineate key geological targets. Further excessive decision Quadri-MAG, VLF, Heli Borne Survey is deliberate for the autumn, with diamond drilling deliberate for fall/winter of 2021.

Administration Group

Robert Rosner – Chairman of the Board, President & CEO

Robert Rosner has over 30 years of in depth expertise as a mining business entrepreneur and govt. Rosner is appearing Chairman and CEO of CAT Strategic Metals Company. Rosner can also be the director and former govt of Fortunate Minerals Inc. and a director and CFO of EMgold Mining Company. He was instrumental in founding a number of junior exploration mining firms the place he performed vital roles within the administration and development of those firms. These included a number of useful resource ventures that have been concerned in early-stage exploration, useful resource location, delineation and growth.

Rosner has been an officer and director of each Canadian and U.S. listed firms, offering senior administration of compliance reporting, oversight and different fiduciary capacities and directing company actions. He additionally has vital expertise in preliminary public choices (IPO), mergers and acquisitions and reverse takeovers (RTO).

Steven Cozine – CFO & Company Secretary, Director

Steven Cozine has over 25 years of expertise as an officer and director of quite a few publicly listed firms within the mining, industrial and high-tech sectors. His expertise spans a variety of company administration tasks with a deal with governance and regulatory compliance, undertaking administration and company finance together with non-public funding and prospectus choices, human assets, strategic planning and company operations.

Sebastian Tang – Chief Monetary Officer

Sebastian Tang has been concerned within the accounting and preparation of the Firm’s monetary statements for the previous a number of years and is properly acquainted with CAT Strategic Metals and its tasks. Moreover, Sebastian has vital expertise within the monetary administration and planning of publicly listed issuers. He has held govt positions, together with CFO and company controller in different private and non-private ventures. Earlier than beginning his personal agency, he labored in public apply for 7 years, together with two years at Ernst & Younger, and eight years in non-public apply with Hunter Dickinson Inc.

Julien Davy – Director

Mr. Davy started his profession as an exploration geologist in the summertime of 1996. His tenure contains assessing quite a few tasks on the exploration and/or superior phases of growth all through Canada and overseas. Davy has been concerned in quite a few acquisitions and mining funding actions. Davy is presently the President & CEO of Tarku Sources Ltd. and concurrently has held the positions of President at Stria Lithium and a senior exploration geologist at Osisko Mining Company Canada.

Moreover, Davy was an funding guide for SIDEX s.e.c. of Montréal. Davy additionally has been employed by quite a few firms together with NioGold Mining Company in Val-d’Or, Hecla Mining in Venezuela, Cambior Exploration Canada, Anglo-American Exploration and the Ministry of Pure Sources of Québec. In 2015, Davy co-founded, with Benoit Lafrance, Eureka Exploration, a non-public exploration firm that was bought to Tarku Sources in June 2017. Davy is a member of the OGQ and Certified Individual (QP) in response to Nationwide Instrument 43-101. Mr. Davy has a Grasp’s diploma from the Université du Québec à Montréal and an MBA from HEC in Montréal.

Luis Martins – Director

Luis Martins is a geologist with over 30 years of expertise within the exploration and mining sector. He graduated from the College of Sciences of Lisbon in 1973 and has an MSc in Financial Geology from the identical college in 1995 and likewise has accomplished a number of different nationwide and worldwide post-graduation programs. Martins earlier roles embody Director of the Mineral Sources Division on the Geology and Mining Institute, Director of the Mines and Quarries Division on the Directorate-Common of Power and Geology (the mining authority), Vice President of Colt Sources Inc., CEO of Ozdogou Portugal Mining and Exploration Lda. and Director of Assimagra (a Portuguese mining affiliation). He has participated in quite a few nationwide and worldwide analysis tasks, particularly within the mineral exploration, environmental geology and mining heritage fields. Martins is presently the President of the Cluster Portugal Mineral Sources.



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