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 Mar 01, 2013 7:28pm

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Post# 21065293

RE: Magic vanishing ore

Tx Betsie, full release, https://www.cmcmetals.ca/s/NewsReleases.asp?ReportID=574425&_Type=News-Releases&_Title=Direct-Ship-Ore-Contract-Signed

February 28, 2013
Direct Ship Ore Contract Signed

Vancouver, B.C.: CMC Metals Ltd. (the "Company") is pleased to announce that it has finalized and signed a contract for the sale of the remaining, approximately 450 tonnes, direct ship ore that was prepared in December 2012. It is anticipated the client will be posting a Letter of Credit in the next few days that the Company can draw a 90 percent provisional payment based on the preliminary SGS sample assay results. The shipment will be going overseas to China where it will be processed and refined into silver bullion. The Company has developed several strong working relationships in China that have mutually benefited both parties and will continue into the future. The Company is reviewing the Silver Hart project as to the optimal plan to move the project forward into the development phase, under the current economic, environmental, and social criteria.