Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 dubious_oneon Nov 30, 2012 2:29pm
329 Views
Post# 20668058

CMC update + website

CMC update + website

https://www.cmcmetals.ca/s/home.asp

Looks like they're planning on applying for a Class 3 Mining License for Silver Hart in 2013. Also increase to in daily capacity at Bishop Mill from 50 tons p/day to 100. And of course, waiting for approval for the Amended Plan of Operations from the Bureau of Land Management...

 

THE SILVER HART PROPERTY - Yukon

CMC Metals Ltd., 100-per-cent-owned Silver Hart Mine has extracted over 1000 tonnes of high grade ore in the form of bulk samples. In 2013 the company is planning to apply for a Class 3 Mining License that will allow for processing ore on the Silver Hart property.

To date, over $8.5 million has been spent on exploration and infrastructure development on the Silver Hart property with over 8,834 m of drilling. There are over 20 known mineralized trench showings, with only four zones being drill developed. Less than 6.5% of the CMC claims have been explored leaving a tremendous opportunity for expansion.

High Grade Bulk Samples - High grade bulk samples were taken in 2010 and 2011 to test metallurgical properties to assist in the mine design and in the development of the mine application.

In 2010 the bulk sample tonnage was 130.8 dry weight tonnes grading 4568 grams per tonne silver (133.2 ounces per ton) and 19.60 percent lead. The final tonnage and grade from the 2011 bulk sample is in the process to be finalized.

BISHOP MILL - California
CMC Metals purchased 100 percent ownership of a 50 tpd mill located in Bishop, California. The mill was constructed by Mammoth Mountain Mining in 1985 and is fully secured by fence, line power to the site and one mile from a paved highway.

To supply the mill, the company has entered into an agreement to earn a 50 % interest in the Radcliff mine. The fully permitted Radcliff (Worldbeater) Mine is located 8 km from the town of Ballarat and 13 km northeast of the operating Briggs Mine. The current mine developments occur at the upper elevations (4530 to 6580 foot) of the Panamint Mountain Range above the Death Valley California desert. The Radcliff historical production of 14,000 tons was produced from 14,500 ounces of gold.

The Bishop Mill Facility Plan of Operations includes the addition of a coarse grind Krupp screen mill that will increase the daily capacity to 100 tons per day from the current 50 tons per day and the development of a new tailings pond. The company has sufficient ore from the Radcliff to keep the Bishop Mill facilities at full capacity over at least a three year period.

CMC Metals has its water license at the Bishop Mill, and is now waiting for the acceptance of the Amended Plan of Operation from the Bureau of Land Management.

Bullboard Posts