RIMROCK Gold-Silver Property
The Rimrock Au-Ag property is situated 15 Km southeast of
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
A program of exploration drilling is now being formulated, and these sites will be permitted with the State and federal
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
Mr.
About
ON BEHALF OF THE BOARD
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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SOURCE:
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