CMC Metals Advances Silver Hart Project with New Discoveries
Significant Reclamation Efforts Yield New Discoveries
CMC Metals Ltd. (TSX-V: CMB) is thrilled to share the successful completion of a major reclamation program at its Silver Hart and Blue Heaven claims. This initiative, located in a prominent mining area, involved comprehensive efforts to restore trenches, roads, and drill pads, demonstrating the company’s commitment to environmental stewardship.
During this reclamation process, the company’s Chief Geologist and President unveiled three untouched manto zones in the Main Zone at Silver Hart. This exciting discovery means there are new areas that merit further exploration, particularly on the Blue Heaven claims. To facilitate future investigations, several grab samples have been collected and sent for assaying.
Enhancing Operational Standards and Meeting Requirements
Kevin Brewer, P.Geo., President and CEO, emphasized the importance of these reclamation activities. He stated, "This work is crucial for meeting environmental permit requirements and showcases our commitment to social responsibility. Each year, we progressively rehabilitate historical work areas from as far back as the mid-1980s alongside ongoing operations. During the recent efforts, I explored the terrain and identified three new manto zones that remain unexplored by drill programs. This positions us with targeted areas for future drilling, particularly within the Main Zone of the Silver Hart claims."
Identifying Promising Areas for Further Drilling
The identified regions include:
- Within the Main Zone of the Silver Hart claims, which requires infill drilling to potentially extend known mineralization.
- The “Golden Cross” area on the Blue Heaven claims that has shown positive trench results, hinting at promising staked manto horizons.
- Recognition of new mantos at surface level, which require further investigation.
Mr. Brewer reiterated that there remains significant potential for understanding the full capacity of CRD mineralizations within the project, suggesting that much is still to be explored.
Advanced Resource Evaluation and Future Projects
In a proactive move, CMC Metals has engaged MICON International to conduct a thorough 43-101 compliant Mineral Resource Estimate of the Main Zone. The Main Zone has various areas of identified mineralization, suggestive of its viability for open pit mining operations.
Expanding the scope of its exploration, the Blue Heaven Property boasts 118 claims covering 1,975 hectares, featuring 13 mineralized areas and numerous showings that await comprehensive evaluation.
Positive Results from Previous Drilling Efforts
Recent programs, including work at the Golden Cross Zone, returned impressive results, consolidating CMC's position as a significant player in the region:
- 8.0 meters with remarkable grades of 13.39% lead, 1.57% zinc, and substantial silver content.
- 13.0 meters grading 8.25% lead, indicating valuable mineralization along with significant silver.
- Several samples showcased extraordinary lead and silver grades that highlight the potential for further discovery.
These findings strengthen the company’s strategy toward exploring the Golden Cross Zone more intensively, especially since this area shows a distinct correlation with CRD-style mineralization.
Future Steps and Company Outlook
Looking ahead, a permit application, including a renewal for exploration activities on the Silver Hart and Blue Heaven claims, is currently under final review by the Yukon Environmental and Assessment Board. CMC is optimistic about securing necessary permits ahead of the upcoming field season.
CMC Metals Ltd. wholly owns the Silver Hart claims and has secured an 80% interest in the Blue Heaven claims, with the remaining 20% owned by Strategic Metals Ltd., indicating a robust ownership structure that supports its exploration initiatives.
As a qualified professional, Kevin Brewer provides oversight for the technical aspects of these operations, ensuring the highest standards of integrity and transparency in all reporting dimensions related to CMC's activities.
About CMC Metals Ltd.
CMC Metals Ltd. is dedicated to exploring high-grade polymetallic deposits across Yukon, British Columbia, and Newfoundland. The company’s exploration strategy includes targeting silver-lead-zinc CRD prospects like the Silver Hart Deposit and Blue Heaven claims, alongside initiatives for copper-silver-gold deposits.
On behalf of the Board:
Kevin Brewer
President, CEO, and Director
CMC Metals Ltd.
Frequently Asked Questions
What reclamation efforts has CMC Metals undertaken?
CMC Metals has completed significant reclamation work on its Silver Hart and Blue Heaven claims, including restoring trenches, roads, and drill pads.
What were the recent discoveries made at the Silver Hart Project?
Three manto zones were discovered within the Silver Hart Project, which indicate potential areas for further exploration.
Who is overseeing the technical work for CMC Metals?
Kevin Brewer, the Company’s President and CEO, is the qualified person overseeing all technical work related to the project.
What is the significance of the Golden Cross Zone?
The Golden Cross Zone has shown promising trench results and is believed to have significant mineralization potential, which will be further explored.
What is CMC Metals' strategy going forward?
CMC Metals plans to secure permits for exploration and continue evaluating the potential of identified areas for future drilling and resource estimation.
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