sur CMC Metals Ltd. (NASDAQ:CMCXF)
CMC Metals Ltd. Announces New Model and Exciting 2023 Drill Results at Silverknife Property
CMC Metals Ltd. unveiled a conceptual mineralization model for the Silverknife Property, incorporating current and historical exploration and regional data. This model outlines potential exploration paths for the property's four zones.
The company also detailed key results from its 2023 drilling activities at Silverknife Prospect Area, which had not been previously released. Significant finds include Hole SKP 23-02 which showed consistent zinc and lead levels along multiple intervals, and noteworthy silver and gold traces in others. Additional results provided high values of zinc, lead, and silver across various drill points, underlining the prospect's significant mineralization.
Fugitive calcite veining in multiple holes indicates the presence of a substantial, long-lasting mineralizing system, suggesting potential valuable deposits. CMC's CEO, Kevin Brewer, expressed enhanced confidence in the site’s potential from the new data and geological indicators identified during their most recent drills.
R. P.
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