VANCOUVER, British Columbia / ACCESSWIRE / May 17, 2023 / CMC Metals Ltd. (TSXV:CMB) (Frankfurt:ZM5P) (CMCXF:OTCQB) (“CMC” or “Company”) is pleased to announce the completion of the Overview Archaeological Assessment (“AOA”) for the Silverknife and Amy Properties in north-central British Columbia. The AOA was conducted by his H3M Environmental Ltd., Fort St. John, British Columbia.
The AOA was the result of consultations with indigenous governments that stressed the importance of archeology. The AOA has not identified the existence of any known archaeological sites on Silverknife and Amy’s property. The CMC further acknowledged the importance of ensuring the preservation of cultural and historical sites by adopting a policy of archaeological coincidence procedures developed by local indigenous peoples.
President and CEO Kevin Brewer said, “CMC is committed to fostering positive relationships with local Indigenous governments and communities.” “We remain strongly aware of the existence of sites and the possibility that they may exist, even if they are not thought to exist.” “We recognize the importance of all cultural and historic sites, and we look forward to continuing our early engagement with the region’s Indigenous governments with a view to entering into exploration agreements in the near future. Silverknife We are optimistic that the permit for the project will be granted soon.” ”
CMC will conduct a 3,000-meter drilling program to explore areas of potential CRD silver-lead-zinc mineralization at the Silverknife site. Silverknife is located 1 km west of the Silver Chip Mine (Coeur Mining Inc.), one of the world’s finest underground silver-lead-zinc mines.
qualified person
Kevin Brewer, a registered professional geoscientist, is our president and CEO and a qualified person (as defined by National Instrument 43-101). He directly oversees the preparation of CMC’s field his program, sampling work, quality assurance and quality control, and approval of technical information related to the company’s projects. We strive for completeness, transparency and consistency in reporting technical content, including geological reports, geophysical surveys, environmental and baseline studies, engineering studies, metallurgical testing, analysis and all other technical data. We strive to meet the highest standards.
About CMC Metals Co., Ltd.
CMC Metals Ltd. is a growth stage exploration company focused on opportunities in high grade polymetallic deposits in the Yukon Territory, British Columbia and Newfoundland. Our polymetallic silver-lead-zinc CRD prospects in the Rancheria Silver region include the Silverknife and Amy Projects (British Columbia), and the Silver Heart Deposit and Blue Heaven Claims (Yukon). included. Our polymetal projects with potential for copper, silver, gold and other metals include Bridal Veil, Terra Nova (Highbank Mining Co. option), Rodney Pond (Central Newfoundland) and Logjam (Yukon). ) It is included.
On behalf of the Board of Directors:
“John Bosio”
John Bosio, Chairman
CMC Metals Co., Ltd.
For more information and investor contact:
Kevin Brewer, P. Geo., MBA, B.Sc. (Hons), Dip.Faculty of Mining Engineering
Representative Director, President, CEO and Director
Phone: (+52) 669 198 8503
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Suite 1000-409 Granville St., Vancouver, BC, V6C 1T2
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“This news release may contain certain statements that constitute ‘forward-looking information’ within the meaning of applicable securities laws. This includes, but is not limited to, statements regarding the timing and content of future work plans, geological interpretations, receipt of property titles and development activities. Disclosures in this release regarding the potential initiation of future exploration activities contain forward-looking statements. Forward-looking statements address future events or circumstances and are necessarily based on a number of estimates and assumptions. Although such estimates and assumptions are believed to be reasonable by us, our management is inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. This includes our ability to raise funds and perform operations necessary to fund projects. Actual results could differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from forward-looking statements include market prices, development and exploration successes, timing and receipt of government and regulatory approvals and the ever-evolving COVID-19 pandemic. These include the impact of the pandemic crisis, continued availability of capital, and more. Funding and general economic, market, or business conditions. For information regarding these and other risk factors, please refer to our filings with the Canadian securities regulators. www.sedar.com. Investors are cautioned not to place undue reliance on forward-looking statements as such statements are not guarantees of future performance or events and are subject to the inherent uncertainties of such statements. please. The forward-looking statements contained in this news release are made as of the date of this news release, and the Company does not assume, as a result of new information, future events or otherwise, neither intends nor undertakes any obligation to update or revise any forward-looking statements. It is expressly required by applicable securities laws. ”
