CMC Metals Ltd V.CMB

Alternate Symbol(s): CMCXF

Metals & Mining Industrial Metals & Minerals

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.

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CMC Metals Ltd

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Comment by Scorison Apr 18, 2012 11:50am

200 Views

Post# 19807699

RE: CMB compared to ASM

Oh my gosh, you don't know Avino at all do you?

They are just processing and old stock pile of ore right now, it's low grade material.

At the same time they are mining ore from San Gonzalo - high grade - and during this summer they will switch to process SG-ore at the mill. That will boost production to 1 Moz Ag per year.

Then they have the tailings resource. The PEA just released showed 126 MUSD in net cash flow over 4 years.

Then they have the old Avino-vein that they will take into production = 1 Moz Ag per year.

Go figure...

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