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Bullboard - Stock Discussion Forum CMC Metals Ltd V.CMB

Alternate Symbol(s):  CMCXF

CMC Metals Ltd. is a Canada-based growth stage exploration company. The Company is focused on opportunities for polymetallic deposits in Mexico, Yukon, British Columbia and Newfoundland. The Company's silver-lead-zinc polymetallic projects include Gavilanes Silver-Gold Project, Silver Hart Property, Blue Heaven Property, Rancheria South property, Bridal Veil Property, Amy and Silverknife... see more

TSXV:CMB - Post Discussion

CMC Metals Ltd > Provided an update on its Gavilanes silver-gold polymetallic
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Post by sdhaka on Feb 07, 2024 1:13pm

Provided an update on its Gavilanes silver-gold polymetallic

CMC Metals Ltd. / TSXV: CMB
 
PR Title
 
Provided an update on its Gavilanes silver-gold polymetallic project in the San Dimas area, Durango, Mexico
 
FRC Opinion
 
Positive – Surface rights owners have agreed to an LOI with CMC to advance exploration. The property, located near First Majestic Silver’s (TSX: FR)  San Dimas/Tayolitta mine, hosts small tonnage/high-grade inferred resources totaling 18.2 Moz AgEq, grading 320 g/t. The project is currently permitted for 4,650 m of drilling. CMB aims to drill 35,000-50,000 m during 2024-2026.
 
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