Mineral Exploration Ground In Nevada Carlin Trend District

VANCOUVER - CAT Strategic Metals Corporation has acquired an earn-in and joint venture agreement pursuant to an arm's length transaction with a private company to acquire up to an 80% undivided ownership in the Rimrock Gold mineral property. Rimrock is comprised of ~1,663 acres. 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.

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. 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.