CAT Strategic Stakes More Ground Around Its Gold Jackpot Property; Lithium Targets Are Top Priorities with A Geological Team On-Site to Initiate Comprehensive Work Program Planning - Seite 2

Further scrutiny of the available Gold Jackpot database revealed that from 1988-1990, Tenneco Minerals engaged in various exploration and sampling activities that included a 28-hole reverse circulation drilling program. These holes were mostly very shallow, +/- 100 metres, and were designed to test for open-pitable gold and silver contained in strongly altered Paleozoic host rocks in an area right in the middle of the property. Following this drill program Tenneco abandoned the project and the area is now known as the Stag's Leap Porphyry-Diatreme Target, which was identified as such by Mr. Redfern.

GOLD JACKPOT EXPLORATION

In addition to staking new ground adjacent to CAT's existing claim blocks, the geological team is conducting a reconnaissance of the most promising areas where positive and encouraging results were previously reported. This survey is the foundation of CAT's next stage exploration work program and will be instrumental in producing an NI 43-101 Technical Report as previously stated.

Next stage exploration activities are expected to include a conciliation of the historical data of the property with a goal of widening the prospecting aim of the newly added Lithium potential. Following this further review, the Company will be able to generate additional prospecting targets that will enable the geological team to return to the property over the summer to conduct further exploration. In the field, the geologist's primary goal is to identify the potential lithium bearing horizon, in addition to collecting additional structural data to focus on generating additional drilling targets. This ongoing field visit is a prerequisite to the launch of a summer work program.

Mr. Richard R. Redfern, M.S., C.P.G. No. 10717, is the qualified person as defined by National Instrument 43-101 who has examined the property on the ground, and who reviewed the geological information available from public sources related to the property and is responsible for approving the technical contents of this press release.

About CAT Strategic Metals Corporation (CAT)

CAT Strategic Metals' corporate strategy, as reflected in its overall Mission Statement, is to source, identify, acquire and advance property interests located in mineral districts proven to have world-class potential, primarily lithium, tellurium, gold, silver and copper. In addition to the Gold Jackpot strategic metals property located NE of Elko, Nevada, in the Pequop gold-copper-lithium trend with multiple targets for gold-silver, copper, tellurium , and potential lithium, CAT has the South Preston Uranium Project in the Athabasca Basin of Saskatchewan, the Burntland Project located northeast of St. Quentin in the Restigouche County, New Brunswick, Canada, directed at the exploration and development of several Skarn-hosted copper-silver, gold targets. CAT's shares trade on the Canadian Securities Exchange (CSE) under the trading symbol "CAT", and on the Frankfurt Stock Exchange under the symbol "8CH".