CMC Metals Ltd. is pleased to announce that the Company has closed a non-brokered private placement for gross proceeds of C$3,151,780.18 from the sale of 13,761,998 non-flow-through units of the Company and the sale of 6,396,944 flow-through units of the Company . Each FT and NFT Unit consists of one common share of the Company to be issued as a [...]
CMC Metals Ltd. is pleased to announce that due to significant investor demand, the Company has increased the size of the Company's previously announced non-brokered private placement from up to C$2,120,000 to up to C$3,100,000 subject to regulatory acceptance. Under the revised Offering, the Company will sell any combination of flow-through units [...]
CMC Metals Ltd. is pleased to announce that it has signed a contract with Hardrock Diamond Drilling Ltd. based in Penticton British Columbia with an operations base in Whitehorse, Yukon. The contract provides for up to 5,000 meters of drilling to be completed at its flagship Silver Hart Project targeting high grade silver-lead-zinc carbonate [...]
CMC Metals Ltd. is pleased to announce the terms to its proposed non-brokered private placement. The proposed terms are to sell up to 8,500,000 flow-through units of the Company at a price of C$0.17 per FT Unit and up to 4,500,000 non-flow-through units of the Company at a price of C$0.15 per Unit for aggregate gross proceeds of up to C$2,120,000 [...]
CMC Metals Ltd. is pleased to announce that Intelligent Exploration has completed a detailed interpretation of the SkyTEM airborne geophysical survey that recommends drill testing of Targets T-1 and T-4 at its flagship Silver Hart Project, south-central Yukon. Dr. Chris Hale and John Gilliatt of IE have recommended an initial 5,000-meter drill [...]
CMC Metals Ltd. is pleased to announce that ground magnetometer surveys have commenced on its Newfoundland properties in the Gander Zone. McKeown Exploration Services Ltd. of St. John's Newfoundland have been contracted to conduct approximately 210-line kilometers of ground magnetometer surveys on the Bridal Veil Property ; Terra Nova and Rodney [...]
CMC Metals Ltd. is pleased to announce that it has contracted SRK Exploration Services Limited to undertake the digitisation and modernisation of a historical project dataset for the Amy Silver-Lead-Zinc CRD Project, located in the Rancheria Silver District of British Columbia, Canada. SRK ES is an associate company of the international group [...]
CMC Metals Ltd. is pleased to announce that it has completed filing for exploration applications for the Amy and Silverknife projects. The permits include a wide range of proposed exploration activities on both properties including but not limited to geophysical and geochemical surveys, access road upgrading, new trail/road development, drill and [...]
CMC Metals Ltd. is pleased to announce that it has acquired an option to earn up to a 100 percent working interest in the Rodney Pond Property in the highly prospective Gander Subzone in Central Newfoundland, subject to an option agreement with Nancy, Stephen and Larry Rogers of Hare Bay, Newfoundland. Terms of the option agreement are subject to [...]
CMC Metals Ltd. is pleased to announce that recent exploration has identified high grade polymetallic samples at its Amy property in northern British Columbia. During a brief reconnaissance of the property at the end of the 2021 exploration season. The Amy Property is road accessible and located only 8 kilometers west of the Silvertip mine and mill [...]
CMC Metals Ltd. is pleased to announce the results of its 2021 Annual and Special General Meeting of shareholders held virtually on Thursday, December 7th, 2021. Shareholders approved all the resolutions detailed in the management information circular of the Company, namely: Electing all the nominees to the Board of Directors of the Company [...]
CMC Metals Ltd. is pleased to announce a very successful drill program at Silver Hart. This program produced multiple high-grade silver-lead-zinc intersections in the TM West Vein including 2.3 m of 4,910.8 g/t silver equivalent. In total 2,100 m of diamond drilling was completed, a majority of which focused on the TM West vein in the Main Zone [...]
