- Business
- CAT Strategic Metals Corporation engages in the acquisition, exploration and development of mineral properties focused on strategic metals including uranium, lithium, gold, silver, copper and tellurium; its primary projects comprise the South Preston Uranium property spanning 29,395 hectares in the Athabasca Basin of Saskatchewan, Canada, the Kamativi Lithium Tailings project in Zimbabwe, Africa, the Gold Jackpot property covering 535 hectares with 64 unpatented lode claims and recent expansions through 51 new lode claims in the Elko District of northeastern Nevada, USA, the Burntland property encompassing 1,200 hectares targeting gold, silver and copper in Restigouche County, northern New Brunswick, Canada, and the Rimrock gold project covering 1,663 acres northwest of Elko, Nevada. Founded in 2010 and headquartered in Vancouver, British Columbia, the company operates across Canada, the United States and Zimbabwe, targeting junior mining investors and alternative energy sector participants with interests in critical minerals for global energy transition needs. Recent developments include a rights offering announced in October 2025 expiring November 21 with final reminders issued, the closing of the first tranche of a private placement including finders' warrants exercisable at CDN$0.05 per share, ongoing land package expansion at Gold Jackpot with 22 new claims staked amid lithium potential near Surge Battery Metals discoveries, initial assay results from Burntland encouraging further drill testing for epithermal gold-silver and Carlin-age mineralization at Rimrock, and Q3 2025 earnings reflecting continued exploration focus without reported revenue.