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.

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CMC Metals Ltd

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Post by sdhakaon Feb 07, 2024 1:13pm

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Post# 35867881

Provided an update on its Gavilanes silver-gold polymetallic

CMC Metals Ltd. / TSXV: CMB

PR Title

Provided an update on its Gavilanes silver-gold polymetallic project in the San Dimas area, Durango, Mexico

FRC Opinion

Positive – Surface rights owners have agreed to an LOI with CMC to advance exploration. The property, located near First Majestic Silver’s (TSX: FR) San Dimas/Tayolitta mine, hosts small tonnage/high-grade inferred resources totaling 18.2 Moz AgEq, grading 320 g/t. The project is currently permitted for 4,650 m of drilling. CMB aims to drill 35,000-50,000 m during 2024-2026.

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