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CMC Metals Ltd. (CMCXF) is a growth stage exploration company focused on high-grade polymetallic deposits in British Columbia, Yukon, and Newfoundland. The company's flagship project, the Silverknife Property in the Rancheria Silver District, shows great promise for silver-lead-zinc CRD prospects. With additional projects like Amy, Silver Hart, Bridal Veil, and Logjam, CMC Metals Ltd. is dedicated to sustainable and responsible mining practices, exploring technologies like DMS and ore sorting for enhanced efficiency and productivity.
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CMC Metals Ltd. (TSXV:CMB)(Frankfurt:ZM5P)(CMCXF:OTCQB) announces share purchase option agreement with Sailfish Royalty Corp. for acquisition of Swordfish Silver Corp. and its Gavilanes silver exploration property in Mexico.
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CMC Metals Ltd. (TSX-V:CMB)(Frankfurt:ZM5P)(CMCXF:OTCQB) provides an update and exploration outlook on its Rancheria Silver Properties in South-central Yukon and norther British Columbia, Canada. The company aims to discover significant high-grade silver-lead-zinc carbonate replacement, vein, and skarn deposits, with a focus on the Silver Hart and Silverknife properties.
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CMC Metals Ltd. (TSX-V:CMB)(Frankfurt:ZM5P)(OTCQB:CMCXF) has completed the sale agreement of its subsidiary company 0877887 B.C Ltd to 1436132 B.C. Ltd, which owned 100% of a gold processing mill at Bishop, California. The company also granted incentive stock options to directors, officers, advisors, and employees. The options will entitle them to purchase up to 2,100,000 common shares at a price of $0.07 per share for a period of five years. The Company's President and CEO, Kevin Brewer, has approved the technical information reported herein.
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CMC Metals Ltd. (CMB) announces Mr. Jose Manuel Delgado as interim CFO and Director, replacing Mr. Mark Luchinski. Mr. Delgado, a lawyer with a Master's degree in constitutional law and a Bachelor's degree in public accounting, has extensive experience in legal and financial advisory roles. The Chairman of the Board, Mr. John Bossio, welcomes Mr. Delgado and expresses gratitude to Mr. Luchinski for his contributions.
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CMC Metals Ltd. (TSX-V:CMB) announces $249,998 non-brokered flow-through private placement, with proceeds to fund exploration programs in Canada. Red Cloud Securities Inc. acted as finder, compensated with C$14,999.88 and finders' warrants.
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CMC Metals Ltd. announces a proposed non-brokered private placement to sell flow-through units at a price of C$0.07 per unit, with gross proceeds of up to C$250,000. The units will consist of one common share and one share purchase warrant. Proceeds will be used for Canadian exploration expenses and flow through mining expenditures. Net proceeds will fund the Company's exploration program in various projects. Closing is subject to customary conditions and regulatory approvals.
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CMC Metals Ltd. announces change of auditors
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CMC Metals Ltd. announces change in Board of Directors
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CMC Metals Ltd. provides review of exploration activities in Rancheria Silver District, Yukon and British Columbia. Focus was on Silverknife Property, with 11 drill holes completed. Cassiar granite and Kechika limestone encountered. Assay results expected in 6-8 weeks. Company purchased industrial camp to support future exploration efforts. Evaluation report for Silver Hart property expected in 4-6 months. Warrants issued to placees are transferable.
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CMC Metals Ltd. has entered into a share purchase agreement to sell its subsidiary company 0877887 BC Ltd. and the Bishop Mill for a total consideration of US$270,000 in cash and CAD$600,000 in shares or cash equivalent. The sale is subject to a 30-day due diligence period. The primary asset of 087 BC is the Bishop Mill, which has a flotation circuit designed to process up to 96 tons per day. The buyer, 1436132 B.C. Ltd., plans to operate the mill in the near to medium term. The sale is subject to TSX Venture Exchange approval.
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FAQ
What is the current stock price of CMC METALS ORD (CMCXF)?
The current stock price of CMC METALS ORD (CMCXF) is $0.0117 as of October 11, 2024.
What is the market cap of CMC METALS ORD (CMCXF)?
The market cap of CMC METALS ORD (CMCXF) is approximately 3.2M.
What is CMC Metals Ltd. focused on?
CMC Metals Ltd. is focused on high-grade polymetallic deposits in British Columbia, Yukon, and Newfoundland, particularly the Silverknife Property in the Rancheria Silver District.
What technologies is CMC Metals Ltd. exploring?
CMC Metals Ltd. is exploring technologies like Dense Media Separation (DMS) and ore sorting for enhanced mineral processing efficiency.
What are some of the company's flagship projects?
The company's flagship projects include the Silverknife Property in the Rancheria Silver District, along with Amy, Silver Hart, Bridal Veil, and Logjam properties.
What sets CMC Metals Ltd. apart in the mining industry?
CMC Metals Ltd. stands out for its dedication to sustainable and responsible mining practices, utilizing cutting-edge technologies for increased efficiency and productivity.
How is CMC Metals Ltd. contributing to the mining sector's sustainability?
By exploring technologies like DMS and ore sorting, CMC Metals Ltd. aims to enhance the sustainability and environmental responsibility of its mining projects.
CMC METALS LTD ORD
OTC:CMCXF
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3.15M
149.22M
5.86%
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