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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 hanscazanon May 13, 2013 12:56pm
305 Views
Post# 21478152

PoO, conduct pre-construction preparation of the s

PoO, conduct pre-construction preparation of the sMay 13, 2013Bishop Process Facilities Plan Accepted Vancouver, B.C.: CMC Metals Ltd. (the "Company") is pleased to announce that the Bureau of Land Management (BLM) has provided preliminary approval to the Plan of Operation for the Companies Bishop Processing Facilities located in Bishop California, subject to a 30 day objection period. The Plan approval will allow the Company to proceed to construct the Class A tailings impoundment, implement the facility upgrades, plus commission and operate the facilities. During the next 30 days, the Company will conduct pre-construction preparation of the site, have the contractor quotes updated, and start the electrical testing of the existing equipment. Once the contractor's quotes have been obtained, the Company will provide an update as to the scheduled commissioning and production dates. Current mill capacity is 50 tons per day. As part of the upgrades, the plan is to increase the capacity to 100 tons per day.Don Wedman, CEO and President of the Company stated "The Bishop Mill facilities are an exceptional asset that will expand the Companies capabilities in Inyo County, provide growth to the Company and much needed employment to the Bishop area. The Company is excited about finally being able to go forward and demonstrate that the facilities are capable of exceeding the financial, environmental and social goals for this asset." In compliance with NI 43-101, Don Wedman, P. Eng., President and Chief Executive Officer of the Company, is the Qualified Person who prepared or supervised the preparation of the technical information presented in this news release. This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents. >
Bullboard Posts