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CMC Metals Provides Review of 2022 Activities and Update of Proposed Activities for 2023

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CMC Metals Ltd. provided a review of its 2022 exploration activities and proposed plans for 2023. The company focuses on high-grade polymetallic deposits in Yukon, British Columbia, and Newfoundland. Key properties include the Silver Hart and Blue Heaven claims in Yukon, along with projects in Newfoundland like Bridal Veil and Terra Nova. CMC will present at the Metals Investor Forum and the Vancouver Resource Investment Conference. However, forward-looking statements highlight risks, including funding challenges and regulatory approvals. Investors are advised to consult the company’s filings for a detailed risk assessment.

Positive
  • Conducted exploration activities in 2022, demonstrating ongoing project development.
  • Focus on high-grade polymetallic deposits with potential for multiple metals.
Negative
  • Risks associated with funding projects and securing necessary regulatory approvals.
  • Forward-looking statements indicate uncertainties that could impact future performance.

VANCOUVER, BC / ACCESSWIRE / January 27, 2023 / CMC Metals Ltd. (TSX-V:CMB)(Frankfurt:ZM5P)(OTCQB:CMCXF) ("CMC" or the "Company") is pleased to provide a review of its exploration activities conducted on its properties in 2022 and an outline of its proposed activities for 2023 (see in our website at https://cmcmetals.ca/ceo-corner/updates-from-the-ceo/hello-investors/ - CEO Corner - Updates from the CEO - "Hello Investors, January 2023 edition").

The Company is also providing a reminder that it will be exhibiting and presenting at events in Vancouver including the Metals Investor Forum, January 27-28, and in the Vancouver Resource Investment Conference January 29-30.

About CMC Metals Ltd.

CMC Metals Ltd. is a growth stage exploration company focused on opportunities for high grade polymetallic deposits in Yukon, British Columbia and Newfoundland. Our polymetallic silver-lead-zinc CRD prospects in the Rancheria Silver District include the Silver Hart Deposit and Blue Heaven claims (Yukon), Amy and Silverknife claims (British Columbia). Our polymetallic projects with potential for copper-silver-gold and other metals include Bridal Veil, Terra Nova and Rodney Pond (central Newfoundland) and Logjam (Yukon).

On behalf of the Board:
"John Bossio"
John Bossio, Chairman
CMC METALS LTD.

For Further Information and Investor Inquiries:
Kevin Brewer, P. Geo., MBA, B.Sc.(Hons), Dip. Mine Eng.
President, CEO and Director
Tel: (+52) 669 198 8503
kbrewer80@hotmail.com
Suite 1000-409 Granville St., Vancouver, BC, V6C 1T2

To be added to CMC's news distribution list, please send an email to info@cmcmetals.ca or contact Mr. Kevin Brewer directly.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

"This news release may contain certain statements that constitute "forward-looking information" within the meaning of applicable securities law, including without limitation, statements that address the timing and content of upcoming work programs, geological interpretations, receipt of property titles and exploitation activities and developments. In this release disclosure regarding the potential to undertake future exploration work comprise forward looking statements. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks, including the ability of the Company to raise the funds necessary to fund its projects, to carry out the work and, accordingly, may not occur as described herein or at all. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, the impact of the constantly evolving COVID-19 pandemic crisis and continued availability of capital and financing and general economic, market or business conditions. Readers are referred to the Company's filings with the Canadian securities regulators for information on these and other risk factors, available at www.sedar.com. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation."

SOURCE: CMC Metals Ltd.



View source version on accesswire.com:
https://www.accesswire.com/737036/CMC-Metals-Provides-Review-of-2022-Activities-and-Update-of-Proposed-Activities-for-2023

FAQ

What are CMC Metals Ltd's proposed activities for 2023?

CMC Metals Ltd. has outlined plans for further exploration on its properties, focusing on high-grade polymetallic deposits.

Where will CMC Metals Ltd be presenting in January 2023?

CMC Metals Ltd will present at the Metals Investor Forum on January 27-28 and the Vancouver Resource Investment Conference on January 29-30.

What is the focus of CMC Metals Ltd's exploration projects?

The company is focused on high-grade polymetallic deposits, specifically silver-lead-zinc and copper-silver-gold opportunities in Yukon, British Columbia, and Newfoundland.

What are the key properties of CMC Metals Ltd?

Key properties include the Silver Hart and Blue Heaven claims in Yukon and Bridal Veil and Terra Nova in Newfoundland.

What risks does CMC Metals Ltd face in its future activities?

The company faces risks related to funding, regulatory approvals, and market conditions that could impact its exploration and project development.

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