(TheNewswire)
Vancouver, BC - TheNewswire - September 23, 2020 - CMC Metals Ltd. - ("the Company") (TSXV:CMB) (OTC :CMCXF ) (Frankfurt:ZM5N) is pleased to announce additional assay results from recent soil sampling in an extension of the previous grid on the KW zone at the Company's 100% owned Silver Hart Project in Yukon, Canada.
Key highlights from recent soil sampling in the KW Zone are as follows:
- From a total of 79 samples, 31 were anomalous in silver with three samples in excess of 3,000 ppb ranging from 3,129-5,960 ppb, 9 samples in excess of 1,000 ppb ranging from 1,196-2,051 ppb and 20 samples in excess of 500 ppb ranging from 500-942 ppb; and,
- Anomalous values of zinc and lead were also coincident with the silver anomalies, with 3 samples anomalous in lead and five samples anomalous in zinc.
(Note: anomalous levels were considered to be assays from soils collected with greater or equal to 500 ppb silver, 200 ppm zinc and 50 ppm lead.)
The anomalies were located in a northeast trending lineament and depression in the west-northwestern corner of the KW zone. The encouraging aspect of this is that mineralized areas in both the Silver Hart and Blue Heaven are often associated with northeast trending linear depressions. The zone remains open to both the southwest and northwest and will be further sampled in 2021.
Kevin Brewer, President and CEO of the Company noted, "Last year we identified mineralization and completed an initial soil sampling program in the KW zone. Our results at that time indicated that the zone could possibly extend to the northwest and southeast. This year we started to sample the extensions in this zone. Our efforts this season have doubled the size of the anomalous area since 2019 and it remains open to the north and south. We are also encouraged by the intensity and continuity of the anomalies in the northwestern corner. In addition, our geophysics survey including an Induced Polarization survey and ground magnetometer survey covered these areas so we anxiously await that data as combined with the soil geochemical results, prospecting and trenching, it will help us further verify drill targets in the KW zone."
Assays
Assays were completed by Bureau Veritas Mineral Laboratories Canada Ltd. and quality control and sampling supervision at Silver Hart was provided by Longford Exploration Services Ltd. of Vancouver, B.C. who are a fully independent geological consulting company.