CAT Strategic Metals Corporation announced that it has acquired an earn-in and joint venture agreement (the "Agreement") pursuant to an arm's length transaction with a private company dated November 2, 2020. To acquire up to an 80% undivided ownership in the Rimrock Gold mineral property ("Rimrock"). Rimrock is comprised of 1,663 acres adjoining, and immediately north of, Hecla Mining Co.'s Hollister Mine; a gold-silver property, in an area hosting two of Nevada's gold belts, the Midas and Carlin Trends, approximately 77 km (46 mi) Northwest of Elko, Nevada. The Rimrock Gold mineral property is a low-sulfidation and Carlin-style gold-silver prospect in the heart of the main gold mining belts of northeastern Nevada. Rimrock comprises 81 unpatented lode mining claims (1663 acres; 673 hectares) located in Elko County, Nevada, situated 8 Km northwest of the Hollister gold-silver mine of Hecla Mining, and 16 Km southeast of Hecla's Midas gold-silver mine. The Hollister Mine had production and reported reserves of approximately 2 million ounces of high-grade gold grading in excess of 1 ounce per ton gold, situated below an old mercury mine. The Midas mine had mine production and mineable reserves of 3 million ounces of high-grade gold and 25 million ounces of silver, in a setting very similar to Rimrock, along the Northern Nevada Rift volcanic belt. Rimrock also lies directly within the Carlin Trend, which extends through the property, northwest of the Goldstrike-Carlin- Leeville mines complex of Nevada Gold Mines LLC (Barrick and Newmont). The center of the property lies 77 km northwest of the major mining and drilling center of Elko. Rimrock is a multi-target gold-silver property, that also has an overlying large-scale deposit of Bentonite in the central part of the property that is exposed at surface, which requires further evaluation. Rimrock also shows immediate potential for a Midas-Hollister-style epithermal gold-silver mine, as well as the potential for a deeper Carlin-style, sediment hosted gold deposit. This property is interpreted to have four or more Midas-type feeder control faults for high grade gold mineralization along the Midas-Hollister gold trend present on the property. The Rimrock prospect area has two main Au-Ag ore targets; the Dilation zone in the northern part of the property, and the Ivanhoe Creek target in the southern part. Several old mercury mines are present in the area, with one situated directly on top of the main "Rhombochasm" gold ore target along the Dilation zone. It lies at a major fault dilation intersection in the Midas gold trend. These gold-silver targets have never been properly drill tested for Midas-Hollister style gold-silver mineralization, and not deep enough to test the Carlin-style targets present.