CMC Metals Ltd. Releases a New Mineralization Model and Selected 2023 Drill Results from Its Silverknife Property - Seite 2

Mr. Kevin Brewer, P.Geo. and President and CEO of the Company noted that "We initially did not understand the significance of this data. We hit mineralization in seven of the nine holes we drilled in this area. Furthermore, the alteration associated with the mineralization, suggests we are proximal to a large system. We encountered faulting in the drilling program that forced us to abandon two of the holes, and faulting is evidence that the plumbing system exists in this area for fluid migration, and the heat source exists as we intercepted the Cassiar granodiorite at depth. This verifies to us the significant potential of the Silverknife Prospect Zone which is yet to be fully evaluated and also the immense potential of examining western extensions of this system in the South-Central Silverknife Zone where we have large conductivity anomalies associated with significant geochemical soil anomalies. The development of the conceptual mineralization model by our project geologist Cesar Symonds is also a great addition to our knowledge of the property."

Foto: Accesswire

Qualified Person

Qualified Person Kevin Brewer, a registered professional geoscientist, is the Company's President and CEO, and Qualified Person (as defined by National Instrument 43-101). He has given his approval of the technical information pertaining reported herein. The Company is committed to meeting the highest standards of integrity, transparency and consistency in reporting technical content, including geological reporting, geophysical investigations, environmental and baseline studies, engineering studies, metallurgical testing, assaying and all other technical data.

About CMC Metals Ltd.

CMC Metals Ltd. is a growth stage exploration company focused on opportunities for high grade polymetallic deposits in British Columbia, Yukon and Newfoundland. Our flagship project is the Silverknife Property in the emerging Rancheria Silver District. Other projects in this District include the Amy project (British Columbia) and the Silver Hart Deposit/Blue Heaven claims (Yukon). Our polymetallic projects with potential for copper-silver-gold and other metals include Bridal Veil (Newfoundland) and Logjam (Yukon), both of which are available for option.