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CAT Strategic Metals Files Rimrock NI 43-101 Technical Report
VANCOUVER, BC / ACCESSWIRE / May 12, 2021 / CAT Strategic Metals Corporation (CSE:CAT) (OTC PINK:CATTF) (FRA:8CH) ("CAT" or the "Company") announces the followi
About this update from Cat Strategic Metals Corporation
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / May 12, 2021 / CAT Strategic Metals Corporation (CSE:CAT) (OTC PINK:CATTF) (FRA:8CH) (\"CAT\" or the \"Company\") announces the following update on its Rimrock Gold-Silver mineral property in Elko County, Nevada. Rimrock Gold-Silver Property CAT has completed and filed its new NI 43-101 compliant technical report on the Rimrock Gold-Silver property, produced by Gregory C. Ferdock, Certified Professional Geologist (C.P.G.) and a qualified person under NI 43-101. Mr. Ferdock is the Company's independent consulting geologist. The Rimrock Property is situated 16 Km northwest of the giant Goldstrike Mine complex of Nevada Gold Mines LLC. Rimrock lies in between the large Midas and Hollister gold-silver mines of Miocene age, owned by Hecla Mining, in the Northern Nevada Rift (\"NNR\") low-sulfidation gold-silver province. In addition, Carlin Trend sediment-hosted gold mineralization extends directly through the Rimrock property from Hollister, along the NNW-trending Eastern Horst block. Fluids related to the Eocene Hatter stock mineralized Paleozoic sedimentary rocks at Hollister, and CAT interprets that similar gold-silver mineralization occurs at Rimrock, along the major regional fault system that goes through both Rimrock and the Hollister Mine. Three main gold-silver target areas are presently known at Rimrock, and a large-size bentonite mine target locally overlies the gold-silver mineralization. Ivanhoe Creek: Midas- and Carlin-style gold-silver. Two large NNW-trending uplifted host fault blocks are interpreted to have formed prior to the time of Carlin-age age gold, and then were re-activated at the time of the mineralization. WNW-trending faults also existed at Hollister. A zone of strong sediment-hosted silver-gold mineralization was drilled into the Eastern Horst faults area in 2007 for Kent Exploration, discovering possibly disseminated Carlin-age silver-gold-tungsten mineralization in mudstone and quartzitic sandstones, fed through the main NNW-trending fault zones. This mineralization conceivably could be a silver-rich halo above Carlin-style gold mineralization at further depth, along the periphery of the Hatter stock system. Additional Miocene low-sulfidation gold-silver mineralization appears to be present here also, as determined by geochemistry. Dilation: Midas-Hollister-style low-sulfid...