CMC drills 2 m of 750 g/t Ag, 5.97% Pb at Silver Hart
CMC METALS Ltd. has released results from the summer 2017 drilling program at the company’s 100per-centowned Silver Hart silver-zinclead property in southwestern Yukon. The drilling program was completed in July, 2107, and consisted of 843 metres of drilling.
(See CMB Table 1 on page 9)
Michael Scholz, director of CMC, stated: “We now know we are in the right area in this world-class mining district. The previous drill program confirmed that we are on the right track and we are currently formulating plans to continue drilling this project. We have recently met with a third party consulting group to engage in the design and subsequent ramp-up of an underground mining operation, with the on-site mill and pad having already been completed.” 2010 program
A diamond drill program was completed at the Silver Hart property in 2010. The assay results have been obtained from the laboratory, ALS Chemex, North Vancouver, B.C., and will be released shortly.
Ian Graham has resigned as a board member, president and chief executive officer in order to pursue other opportunities. Mr. Graham will provide project support services to the company until Oct. 31.
The company is also pleased to announce Salim Tharani as the new president, chief executive officer and member of the board of directors, effective immediately.
The company has also applied for the reservation of two million stock options for officers, employees and consultants at nine cents per share for a period of two years.
Erika Flores condensed this news release (firstname.lastname@example.org).
John Bossio, Ian Graham, Joseph Gerard Lenoski, David George Nairne, Azim Virani, Carl Alexander von Einsiedel, Robert Wheeler
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