Bullboard - Stock Discussion Forum 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... see more

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CMC Metals Ltd > Provided an update on its Gavilanes silver-gold polymetallic

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Post by sdhaka on Feb 07, 2024 1:13pm

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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