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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.


TSXV:CMB - Post by User

CMC Metals Ltd
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Post by Betteryear2on Feb 06, 2024 2:26pm
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Post# 35865831

Acquires 100% Ownership of the Amy & Silverknife Properties

Acquires 100% Ownership of the Amy & Silverknife PropertiesVANCOUVER, BC / ACCESSWIRE / February 6, 2024 / CMC Metals Ltd. (TSX-V:CMB)(Frankfurt:ZM5P)(CMCXF:OTCQB) ("CMC" or the "Company") is pleased to announce that the Company has completed the final payment on the Silverknife and Amy Properties and also acquired an additional Mineral Tenure at Amy. The deal was completed on February 1, 2024 with the Optionor, Mr. Steven Scott a businessman and prospector. As a result, CMC is now a 100% owner of the aforementioned Properties as of the effective date of the Agreement. The original final payment of the option agreement was amended and subsequently a payment of 2,000,000 common shares, subject to a four month hold period from the effective date, was provided to Mr. Scott as the final payment.

CMC Metals Ltd. Acquires 100% Ownership of the Amy and Silverknife Properties and An Additional Mineral Tenure in the Emerging Rancheria Silver District, Northern B.C. (accesswire.com)
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Dealroom for high-potential pre-IPO opportunities