Evaluate
As traders try to mitigate the hazards related to the commodities cycle whilst nonetheless gaining publicity to its wealthy alternatives, useful resource corporations with assorted portfolios would possibly supply an exhilarating answer.
Various 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 treasured funding for traders. Portfolio diversification additionally lets in mining corporations to give a boost to money glide and capitalize at the width and breadth of steel and mineral markets whilst managing fluctuating commodity values.
One such corporate is CAT Strategic Metals (CSE:CAT, OTC:CATTF, FRA:8CH), a mineral exploration corporate centered at the acquisition and exploration of assorted and strategic North American mineral initiatives. The corporate’s present initiatives come with quite a lot of minerals and metals together with gold, silver, uranium, copper and tellurium.
“We search for undervalued initiatives that experience already had publicity, that already had some paintings completed previously, that perhaps have been deserted through the years for quite a lot of causes, however nonetheless have just right possible going ahead,” stated CAT Strategic Metals CEO Robert Rosner in an interview with INN.
CAT Strategic Metals employs a hybrid style that seeks out, analyzes, and acquires initiatives that experience sturdy possible given previous various mineral outputs and supporting samples. This hybrid style saves the corporate from spending time and sources on discovery and exploration of uncharted spaces like different mining corporations do. The corporate additionally takes benefit of strategic positioning by way of finding initiatives in mineral-rich areas of the sector and close to high-yielding mines reminiscent of Hecla Mining Corporate’s Hollister Nevada and Midas Nevada gold-silver mines.
The Rimrock venture is situated within the mining-friendly jurisdiction of Nevada in america, handiest 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 displays the opportunity of the valuables to host a number of high-grade, low sulfidation, gold and silver deposits, in addition to for Carlin-style gold deposits at higher depths.
The Gold Jackpot is situated within the prolific Elko district in northeastern Nevada, 100 km north of Nevada Gold Mines’ Lengthy Canyon gold mine. Different notable initiatives in the similar area are Phoenix Copper-Gold, Roninson porphyry copper-gold, Turquoise Ridge/Getchell Mine, Dual Creeks, Goldstrike and Carlin-Mike Cu-Bluestar-Exodus gold. The corporate believes that Gold Jackpot has possible for Porphyry Copper-, Emperor, Fiji-, Carlin- and Midas Taste deposits and Exploration Fashions.
CAT Strategic Metals additionally has two different strategic initiatives: the Burntland venture (copper, silver and gold) in New Brunswick and South Preston venture (uranium) in Saskatchewan.
CAT Strategic Metals has finished geologic mapping, sampling, Gravity-, MAG- and now could be accomplishing Brought about Polarization surveys of large-scale gold-silver goals at the Rimrock and Gold Jackpot initiatives. The corporate intends to outline drill goals on each initiatives according to the effects from those various techniques.
CAT Strategic Metals hyperlinks its luck to a couple of key components together with its strategic alliances and acquisitions and its extremely professional control crew. The corporate has quite low overhead when in comparison to its opposite numbers within the trade, which has made the corporate extremely environment friendly in acquiring investment and operationalizing its initiatives.
The corporate’s control crew is well-experienced within the mining and exploration trade, keeping up present positions at Fortunate Minerals Inc. (TSXV:LKY), EMGold Mining Company (TSXV:EMR) and Tarku Assets Ltd. (TSXV:TKU) and previous control positions at Stria Lithium (TSXV:SRA) and Osisko Mining Company Canada (TSX:OSK).
Corporate Highlights
- CAT Strategic Metals’ present initiatives center of attention on quite a lot of minerals and metals together with gold, silver, uranium, copper and tellurium in mining-friendly spaces.
- CAT Strategic Metals employs a hybrid style of obtaining mines which have been deserted however handle sturdy possible given previous mineral outputs and pattern indications which permits for bypassing of the invention section.
- The corporate has two initiatives in Nevada: Rimrock and Gold Jackpot; and two initiatives in Canada: Burntland (copper, silver and gold) in New Brunswick and South Preston (uranium) in Saskatchewan.
- The Rimrock venture is situated within the prolific Carlin and Midas developments and hosts near-surface mineralizations with the opportunity of high-grade, low sulfidation gold and silver deposits, in addition to better Carlin-style gold deposits at intensity. The valuables is handiest 15 km southeast of Hecla Mining’s high-grade Midas gold-silver mine.
- The Gold Jackpot is situated within the prolific Elko district in northeastern Nevada, 100 km north of Nevada Gold Mines’ Lengthy Canyon Gold Mine. Gold Jackpot doubtlessly has porphyry copper, Emperor gold-tellurium, Carlin- and Midas-style exploration fashions.
- The corporate’s control crew has a protracted historical past of luck within the mining and exploration trade together with recently held positions at respected mineral exploration corporations.
Key Initiatives
Rimrock Mission
The Rimrock venture is situated within the Elko district of Nevada, US close to Hecla Mining Corporate’s Hollister Nevada and Midas Nevada mines, which thus far have yielded 0.5 million oz. of high-grade gold-silver and a couple of.2 million oz. of high-grade gold and 25 million oz. of silver, respectively. The valuables sits at the Carlin Pattern and the Midas Pattern, which might be prolific gold mine generating spaces. The venture additionally has an in depth infrastructure to make stronger year-round operation at the 1,162-hectare land package deal.
The Rimrock venture is a multi-target gold and silver gadget 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 opportunity of shallow epithermal techniques, very similar to the Midas and Hollister mines, which might be low sulfidation, high-grade gold deposits, and the opportunity of deeper Carlin-type gold deposits.
Mapping, sampling, gravity, and drone MAG survey techniques were finished in 2021, and a excessive solution deep-seeking Brought about polarization survey is now underway. Geologic mapping and rock-chip sampling has exposed 3 new gold-silver drilling goals, bringing CAT Strategic Metals a complete of 5 drilling goals to pursue in coming months.
Gold Jackpot Mission
The Gold Jackpot venture is situated within the Elko district in northeastern Nevada, US which is thought to host a porphyry copper-, Emperor, Fiji-style Au-Te, Carlin-style Au, and Midas-style gold-silver exploration fashions. The venture’s area is very mineralized and sits at the Pequop Gold-Copper Pattern, situated east of the Fight Mountain-Eureka Pattern, Getchell Pattern and Carlin Traits, which might be copper- and gold-rich spaces. The venture is situated close to high-yielding copper and gold mines reminiscent of Lengthy Canyon, Robinson Copper-Gold, Phoenix Copper-Gold, Turquoise Ridge/Getchell Mine, Dual Creeks, Goldstrike and Carlin-Mike Cu-Bluestar-Exodus.
Gold Jackpot has had considerable historic exploration finished from the Eighties to the early 2000s together with 27 drill holes finished by way of Tenneco from 1988 to 1989. The venture has a couple of exploration goals together with the Carlin-style gold goal that sampled as much as 16 g/t of gold, a diatreme-porphyry copper-gold gadget 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 brought about polarization strains on the were finished and outlined two distinct geophysical anomalies in two places. The surveys have additionally showed that the southern anomalies constitute a diatreme-porphyry-style goal, whilst the northern anomalies constitute a Carlin-style gold goal.
Making plans for a observe up exploration program is underway.
South Preston Mission (Uranium)
The South Preston venture is situated southwest of the uranium-rich area of the Athabasca Basin in Saskatchewan, Canada.
The venture has greater than 10 km of adjoining assets bordering NexGen Power Ltd. which just lately came upon the high-grade Arrow uranium deposit. Every other fresh discovery within the area belongs to Fission Uranium Corp. which came upon the Triple R uranium Lake South deposit. The venture additionally has greater than 18.5 km of a continuing boundary with Orano which is a number one world uranium manufacturer. Moreover, South Preston has 50 km of contiguous declare border with Azincourt Power Company.
The South Preston venture may doubtlessly host the extension of a concern uranium exploration hall extending from NexGen Power Ltd.’s Rook-1 Mission to Azincourt Power Corp.’s East Preston Uranium venture close by.
Burntland Mission (Copper, Silver and Gold)
The Burntland Mission is situated within the northern portion of New Brunswick, Canada in a area with high-grade silver, gold and copper possible. The venture is out there year-round with highways and logging roads. Burntland is situated 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 effects display high-grade copper mineralization as excessive as 16.3 % Cu and silver mineralization as excessive as 220 g/t Ag. The venture has 5 goals which might be believed to comprise copper mineralization in porphyry techniques according to related geological components.
The corporate has finished a drone MAG survey in 2021 to locate and delineate key geological goals. Further excessive solution Quadri-MAG, VLF, Heli Borne Survey is deliberate for the autumn, with diamond drilling deliberate for fall/wintry weather of 2021.
Control Workforce
Robert Rosner – Chairman of the Board, President & CEO
Robert Rosner has over 30 years of intensive enjoy as a mining trade entrepreneur and govt. Rosner is appearing Chairman and CEO of CAT Strategic Metals Company. Rosner could also be the director and previous govt of Fortunate Minerals Inc. and a director and CFO of EMgold Mining Company. He used to be instrumental in founding a number of junior exploration mining corporations the place he performed important roles within the control and enlargement of those corporations. Those incorporated a couple of useful resource ventures that had been fascinated about early-stage exploration, useful resource location, delineation and building.
Rosner has been an officer and director of each Canadian and U.S. indexed corporations, offering senior control of compliance reporting, oversight and different fiduciary capacities and directing company actions. He additionally has important enjoy in preliminary public choices (IPO), mergers and acquisitions and opposite takeovers (RTO).
Steven Cozine – CFO & Company Secretary, Director
Steven Cozine has over 25 years of enjoy as an officer and director of a large number of publicly indexed corporations within the mining, commercial and high-tech sectors. His enjoy spans quite a lot of company control obligations with a focal point on governance and regulatory compliance, venture control and company finance together with non-public investment and prospectus choices, human sources, strategic making plans and company operations.
Sebastian Tang – Leader Monetary Officer
Sebastian Tang has been concerned within the accounting and preparation of the Corporate’s monetary statements for the previous a number of years and is easily aware of CAT Strategic Metals and its initiatives. Moreover, Sebastian has important enjoy within the monetary control and making plans of publicly indexed issuers. He has held govt positions, together with CFO and company controller in different private and non-private ventures. Ahead of beginning his personal company, he labored in public follow for 7 years, together with two years at Ernst & Younger, and eight years in non-public follow with Hunter Dickinson Inc.
Julien Davy – Director
Mr. Davy started his profession as an exploration geologist in the summertime of 1996. His tenure comprises assessing a large number of initiatives on the exploration and/or complex levels of building during Canada and out of the country. Davy has been fascinated about a large number of acquisitions and mining funding actions. Davy is recently the President & CEO of Tarku Assets Ltd. and similtaneously has held the positions of President at Stria Lithium and a senior exploration geologist at Osisko Mining Company Canada.
Moreover, Davy used to be an funding marketing consultant for SIDEX s.e.c. of Montréal. Davy additionally has been hired by way of a large number of corporations together with NioGold Mining Company in Val-d’Or, Hecla Mining in Venezuela, Cambior Exploration Canada, Anglo-American Exploration and the Ministry of Herbal Assets of Québec. In 2015, Davy co-founded, with Benoit Lafrance, Eureka Exploration, a personal exploration corporate that used to be offered to Tarku Assets in June 2017. Davy is a member of the OGQ and Certified Particular person (QP) consistent with Nationwide Software 43-101. Mr. Davy has a Grasp’s stage 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 enjoy 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 similar school in 1995 and likewise has finished a number of different nationwide and global post-graduation classes. Martins earlier roles come with Director of the Mineral Assets Division on the Geology and Mining Institute, Director of the Mines and Quarries Division on the Directorate-Basic of Power and Geology (the mining authority), Vice President of Colt Assets Inc., CEO of Ozdogou Portugal Mining and Exploration Lda. and Director of Assimagra (a Portuguese mining affiliation). He has participated in a large number of nationwide and global analysis initiatives, particularly within the mineral exploration, environmental geology and mining heritage fields. Martins is recently the President of the Cluster Portugal Mineral Assets.
