Significant advances for CAT Strategic Metals in strategic metals exploration

CAT Strategic Metals Corporation announces an exciting development with the filing of 51 new claims targeting Carlin-style lithium and gold with the BLM office in Reno, Nevada, expanding its footprint to 1,053.66 acres (426 hectares). This initiative follows the discovery of lithium by neighboring company Surge Battery Metals, located in close proximity to CAT's Gold Jackpot project. The extent covered by these claims encompasses a lithium-rich geological formation, promising potential significant discoveries in the area.

In parallel, Surge Battery Metals released a mineral resource estimate indicating a high concentration of lithium, strengthening the area's prospects for investors and companies engaged in the exploration of this essential metal for the energy transition. CAT is positioned advantageously in this race with its new claims and upcoming exploration projects, highlighted by optimistic statements from its CEO, Robert Rosner.

In addition to lithium, CAT is also exploring copper, gold, silver and tellurium prospects in the same region, and retains a strong interest in the South Preston uranium project in the Athabasca Basin, with discussions in progress for potential partnerships. Despite the financial challenges, CAT remains determined to continue its exploration and development efforts on its strategic metals projects.