I think management have all but given up on Swamp Point.... They have now switched their focus onto another pipe dream...

  • CMC (CMB) has optioned its Terra Nova property in Newfoundland to Highbank Resources (HBK)
  • Highbank may earn up to an 80-per-cent interest in the property
  • CMC will receive cash and 1.5M Higbank shares as consideration
  • Terra Nova grab samples include 6,812 ppb gold, 159.6 g/t silver, 1,562 g/t copper and >1,000 g/t tungsten 
  • Highbank Resources acquires, explores and develops mineral resource properties in Canada 
  • CMC Metals is a growth-stage exploration company focused on opportunities for polymetallic deposits in Yukon, British Columbia and Newfoundland
  • Highbank Resources (HBK) is unchanged trading at $0.05 per share 
  • CMC (CMB) is down by 6.67 per cent trading at $0.14 per share