Mr.
Kevin Brewer reports
CMC METALS LTD. CONTRACTS MICON INTERNATIONAL LTD. TO COMPLETE A NI 43-101 COMPLIANT MINERAL RESOURCE ESTIMATE ON ITS SILVER HART PROJECT, YUKON
CMC Metals Ltd. has contracted Micon International Ltd. to complete a National Instrument 43-101 compliant mineral resource estimate (MRE) for its Silver Hart project in Yukon.
It is estimated that the MRE will be completed in approximately six weeks. The MRE is phase 1 of a multistage evaluation to determine if it is amenable to establish seasonal small-scale, open-pit mining at the Silver Hart project.
Kevin Brewer, president and chief executive officer, noted: "We are excited about the potential for midterm production at our 100-per-cent-owned Silver Hart project in Yukon. Our aim would be to utilize possible preconcentration technologies such as ore sorting or dense media separation to enhance the viability and economics of transporting material from Silver Hart and Blue Heaven to a processing mill. This is a conceptual project at this stage but one that is viewed by our board as within our abilities. We are also in discussion with companies to undertake metallurgical and other tests to confirm what technology is be suited to the material at Silver Hart."
Qualified person
Kevin Brewer, a registered professional geoscientist, is the company's president, chief executive officer and qualified person (as defined by NI 43-101). He has given his approval of the technical information pertaining reported herein. The company is committed to meeting the highest standards of integrity, transparency and consistency in reporting technical content, including geological reporting, geophysical investigations, environmental and baseline studies, engineering studies, metallurgical testing, assaying, and all other technical data.
About CMC Metals Ltd.
CMC Metals is a growth-stage exploration company focused on opportunities for high-grade polymetallic deposits in Yukon, British Columbia and Newfoundland. CMC Metals' polymetallic silver-lead-zinc CRD (carbonate replacement deposit) prospects in the Rancheria silver district include the Silver Hart deposit and Blue Heaven claims (Yukon) as well as the Amy and Silverknife claims (British Columbia). CMC Metals' polymetallic projects with potential for copper-silver-gold and other metals include Bridal Veil (central Newfoundland) and Logjam (Yukon).
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