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Chibougamau Independent Mines Inc V.CBG

Alternate Symbol(s):  CMAUF

Metals & Mining Copper
Chibougamau Independent Mines Inc. is a Canada-based natural resources exploration and development company with properties located in the area of Chibougamau, Quebec. The Company is focused on finding economic mineral deposits and reviving production in the Chibougamau mining camp. The Company holds approximately 12 exploration properties. It retains a 2% Gross Metal Royalty (GMR) on all iron and vanadium produced from the Mont Sorcier property. Properties included in the Chibougamau Mining Camp are Baie Malouf, Bateman Bay, Berrigan Mine, Berrigan South, Buckell Lake, Copper Cliff Extension, Grandroy, Gwillim, Kokko Creek, Lac Antoinette, Lac Chibougamau, Lac David Sud, Lac Elaine, Lac Simon, Mont Sorcier, Nepton, Quebec Chibougamau GoldFields and Virginia Option. The Bateman Bay gold-copper-silver (Au-Cu-Ag) mine & two former mining blocks constitute the Bateman Bay property, which is composed of approximately 15 mining claims totaling 353 hectares that are owned by the Company.


TSXV:CBG - Post by User

Chibougamau Independent Mines Inc > In play again?
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Comment by SilverKnighton Apr 08, 2019 5:25pm
199 Views
Post# 29598882

RE:In play again?

RE:In play again?While we still need to see the assay results, the widths are impressive. 24 m of high grade chalcopyrite is quite the hit for such a tiny company. Patience seems to have been rewarded us this time and it could still go much higher. Im also pleased Globex retained a 3% NSR on this project. Globex is insanely cheap IMO.
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