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CMC Metals Ltd.
Summary
| Project: | Silver Hart | |
|---|---|---|
| Deposit: | Silver Hart | |
| Location: | Canada | |
| Commodities: | Lead-Zinc-Silver | |
| Date: | 12/10/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-12-2019: CMC Metals Ltd. announces an Exploration/Drilling Update report for its Silver Hart deposit at the Silver Hart project. Drilling results incl. 11.7m @ 4% Pb, 9.6% Zn, 993.7g/t Ag from 38.25m. Vancouver, BC.: CMC Metals Ltd. - (“the Company”) ( | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kevin Brewer (Internal) | |
| ABSTRACT: | Vancouver, BC.: CMC Metals Ltd. - (“the Company”) (TSX-V: CMB): is pleased to announce the results of a successful drill program that resulted in significant intersections of silver-zinc-lead mineralization and also extended two mineralized zones within the main zone at its Silver Hart Property, Yukon. The Silver Hart Property is located approximately 132 km west of Watson Lake, and covers 2,200 hectares with 116 contiguous full and partial claims. CMC conducted a 16 hole (1,048 meter) drill program this year at Silver Hart. The program was designed to further test known mineralized zones within the main zone structure and possible extensions of those zones. Drilling focused on the TM and S zones which are slated as the deposits most likely suited for a proposed bulk sample test in 2020 followed in subsequent years with seasonal open pit mine development. Kevin Brewer, President and CEO noted “We were particularly pleased to see the continuation of high grade intersections with over 900 g/t silver in holes 19-01 and 19-02 at depths. From past and current drilling results there is a continuity of high grade mineralization from surface to the projected bottom of the possible open pitting of the TM zone. In addition, we were also highly encouraged with the results from holes 19-05 and 19-06 in the southern portion of the S zone where grades of silver exceeded 1100 g/t along with 4.25-11.38% lead and 8.61-13.48% zinc. In both zones we are also observing an increase in zinc grades at depth. Where we did not intersect significant mineralization, we gained knowledge of the extent of the known zones and also filled gaps in areas previously untested. That is helping us to develop a greater understanding of the mineralizing system. Our future plans will include examining past drill core to identify possible zonation of the alteration in these deposits. We also intend to re-log and conduct additional assaying where it is warranted to fully examine the potential for increased widths of mineable material in the identified zones that we can then integrate into our deposit model and mine planning.” | |
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