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 hanscazanon Dec 06, 2012 1:14pm

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Post# 20693659

RE: Sale of Silver Hart Ore

From the earlier NR, are they refering to this 100T? 85% payment within ..Days? How much ounces? 60/T makes 48000 x 30= 1.5million?

The contract states that a Letter of Credit must be posted that the Company can draw an 85 percent provisional payment based on the preliminary assay results. SGS Canada Inc. sampled and weighted the bulk shipment for the preliminary indicated assays. Results showed that the average silver assay was 4,413.2 grams per tonne (128.8 ounces per ton) for the measured 114.1 tonne shipment.

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