Drilling Campaign Results at Matamec's Sakami Gold Property Reveal an Intersection of 1.62 g/t Au Over 64.50 Metres, Including 2.21 g/t Au Over 43.30 Metres and 3.46 g/t Au Over 11.50 Metres

MONTREAL, QUEBEC--(Marketwired - Aug. 25, 2016) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT)(OTCQX:MHREF) and Canada Strategic Metals ("CSM") (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) are pleased to announce the results from the first of nine holes drilled in the northwest extension of zone 25 (main zone), located in the La Pointe sector of the Sakami property. Drill hole PT-16-91 intersected 1.62g/t Au over 64.50 metres including 2.21 g/t Au over 43.40 metres and 3.46 g/t over 11.50 metres (see table below). These results confirm the extension the north-western extension of the gold envelope of zone 25 (see CSM and Matamec press releases of August 25 2016). The drill campaign consisted of nine (9) drill holes for a total of 2 058 metres of drilling.

TABLE OF MINERALIZED INTERSECTIONS FROM LATEST 2016 DRILLING CAMPAIGN

Drill hole #	From (m)	To (m)	Length* (m)	Au (g/t)
PT-16-91	157.50	222.00	64.50	1.62
Including	165.20	208.50	43.30	2.21
Including	176.00	187.50	11.50	3.46
* Length along the core axis.According to the company, the true width of the core represents 70 to 90% of the length of the core.

The objective of the drilling campaign was to increase the size of the main gold zone (zone 25), located in the La Pointe sector of the Sakami property, towards the west-northwest, as well as its extension at depth, and also to test its southward extension. Following this drill campaign, zone 25 will have been tested over a 300-metre lateral distance and to a depth of 500 metres along its plunge.