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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 high grade polymetallic deposits in the Yukon, British Columbia and Newfoundland. Its polymetallic silver-lead-zinc CRD prospects in the Rancheria Silver District include the Silver Hart Deposit and Blue Heaven claims (Yukon), Amy and Silverknife claims (British Columbia). Its polymetallic projects with the potential for copper-silver-gold and other metals include Bridal Veil (central Newfoundland) and Logjam (Yukon). Its flagship property is the Silver Hart property, covering over 116 claims, 2,017 hectares, located in the south-central Yukon. It has an 80 % interest in Blue Heaven Property, which consists of over 121 contiguous mineral claims located in southern Yukon. The Silverknife Property comprises two mineral tenures covering approximately 538.3 hectares. The Amy claims comprising 16 mineral tenures (approximately 908.4 hectares) cover part of the Cassiar Batholith.


TSXV:CMB - Post by User

Bullboard Posts
Post by moreag4meon Aug 02, 2009 1:53pm
553 Views
Post# 16185637

Sunday morning homework.

Sunday morning homework.I am trying to get a good idea of the property mineralizationThe TM zone has a resource of 6.5 million oz of silver so far.I was reading some old news releases and found one dated Dec/10/07 that had a new vein (M) 450m to the north east with similar grades to the TM zone over the 60m tested. Also this find has "epithermal/Carlin style mineralization" that is 16+m wide.So that got me looking for a drill map to see if this find is on trend with the TM zone,I couldn't find one.But I did find that the S zone which is next to be mined after the TM is 130m to the north east and parallels the TM zone.Then I had a look at the TM pit plan and the pit is NE trending.Could it be that all of this mineralization is linked below the surface with a feeder zone that has yet to be drilled as the company wants to get cash flow before spending any more exploration on the new zones.It sure appears that way when you add up everything we are told so far about the mineralization.Food for thought! On another note,did anyone else notice the strange trading for the last couple trades on friday?
Bullboard Posts