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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 Jun 13, 2016 7:17am
185 Views
Post# 24959361

MGX purchase, a full-scale mill (the “Mill”) from CMB

MGX purchase, a full-scale mill (the “Mill”) from CMBVANCOUVER, British Columbia, June 10, 2016 (GLOBE NEWSWIRE) -- MGX Minerals Inc. (MGX or the Company) (CSE:XMG) (FKT:1MG) is pleased to announce the Company has acquired, on a trial basis with an option to purchase, a full-scale pilot plant mill (the Mill) from CMC Metals Ltd. (TSX-V:CMB). The Mill equipment includes a jaw crusher, ball mill, flotation cells, cyclone dewatering equipment and a tailings filtration and thickener system. The Mill is currently on care and maintenance in the Yukon. MGX has dispatched a contractor to transport all equipment, inclusive of five tractor trailers, to the stock pile location of the Companys recently completed bulk sample (see press release dated June 9, 2016). The Company expects that bulk sample material will arrive and be made available within one week.
Bullboard Posts