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Be the first with the news that moves the market- CMC Metals (TSXV:CMB) has intersected mineralization in the second hole drilled within the Silverknife prospect
- 700 metres of the proposed 3,000 metre drill program has been completed for this current exploration season.
- The team has discovered mineralization within several limestone intersections and noted its silver-lead-zinc characteristics, and possibly gold
- CMC Metals Ltd. opened trading at $0.12 per share
CMC Metals (TSXV:CMB) has intersected mineralization in the second hole drilled within the Silverknife prospect.
700 metres of the proposed 3,000-metre drill program has been completed for this current exploration season. The team has discovered mineralization within several limestone intersections and noted its silver-lead-zinc characteristics.
Upon examining the core, the team also found the possible presence of manganese, other iron sulfides, zinc, lead and possibly gold. A core is also being prepared for assaying which will include testing for critical minerals such as germanium and gallium.
The company completed a gravity survey over the prospect and identified a significant gravity anomaly coincident with previous geophysical and geochemical anomalies. A forthcoming report on these results from Intelligent Exploration should offer more insight.
The Silverknife Property is in north-central British Columbia, west of the Silvertip Mine, one of the highest-grade underground silver-lead-zinc deposits in the world, owned by Coeur Mining Inc. (NYSE:CDE).
CMC Metals Ltd. is a growth-stage exploration company focused on opportunities for polymetallic deposits in Yukon, B.C. and Newfoundland.
CMC Metals Ltd. opened trading at $0.12 per share.
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