CMC Metals

Overview

CMC Metals Ltd (TSXV:CMB) has acquired quality exploration properties from the West to the East coast of Canada in some of the most prolific mining jurisdictions in the world – Newfoundland, Yukon and British Columbia. The Company has secured a diverse portfolio of properties all of which have high quality mineral occurrences, are road accessible, range from early to advanced stage, include prospects in precious and base metals, and present exceptional exploration potential.

CMC’s flagship project, Silver Hart, is one of the highest-grade silver-lead-zinc +/- gold +/- copper exploration plays. CMC offers an excellent opportunity for value growth in the short to medium term for investors seeking to gain exposure in a silver focused portfolio.

CMC Metals Ltd (TSXV:CMB) was one of the best performing silver explorers in 2020. At its flagship Silver Hart Project, CMC is continuing to explore and identify new targets and is systematically exploring the entire property area for the first time since exploration commenced in the area back in the mid 1980’s. Through a combination of geochemical and geophysical investigations, geological mapping and prospecting, 3-d modelling, and up to 2,500 meters of drilling in Phase 1, the overall aim for 2021 is to increase known resources and better define the exploration potential within the Silver Hart and Blue Heaven claims. The medium term aim is to generate a sufficient level of resources in terms of both tonnage and grade to then warrant a decision to advance to project economic evaluation (current timeline: late 2022/early 2023).

The company’s silver focused properties include the Silver Hart and Blue Heaven claims (Yukon) and Rancheria South, Amy and Silverknife (British Columbia). These are complimented by polymetallic projects including Bridal Veil and Terra Nova in Newfoundland and Logjam (Yukon).

CMC is seeking joint venture partners for its Rancheria South and Bridal Veil projects as its primary focus will continue to be on its flagship Silver Hart project. The Company also owns a gold processing mill in Bishop, California which it is intending to sell.

The company boasts a strong capital structure, solid shareholder portfolio, and a lot of upside exploration potential. At current valuation CMC Metals (TSX-V:CMB) presents a low price entry point to investors to participate in an emerging silver player. With a strong diversified portfolio.

CMC Metals is backed by a strong technical team with experience in geology, geophysics, and resource estimation that is critical to the current stage of its exploration projects.

Company Highlights

• CMC Metals has a robust and diverse portfolio of exploration projects including two high grade silver-lead-zinc projects (Silver Hart and Rancheria South) and three polymetallic projects (Bridal Veil, Terra Nova and Logjam).
• The company’s flagship Silver Hart project in the Yukon currently comprises of high-grade silver-lead-zinc veins with proven grades 40 percent above the average grade of existing silver mines globally. The property also has significant the potential to host carbonate replacement deposits and skarns.
• The Silver Hart and Rancheria South projects take advantage of significant positioning in the emerging silver district of Rancheria. The district is comparable to major silver districts such as Coeur D’Alene, Idaho which was one of the most prolific silver districts.
• Its copper-gold polymetallic projects in Newfoundland leverage excellent infrastructure and exploration-friendly conditions in one of the world’s best mining jurisdictions.
• CMC Metals stands committed to community participation and First Nations engagement. The company is currently working towards undertaking consultation efforts on its short to medium term exploration plans, and its commitment to maximizing socio-economic impacts and communications with surrounding communities and/or First Nations governments.
• The company’s dynamic technical team and exceptional low-price-entry positioning make CMC Metals an excellent investment candidate as a serious player in the silver and base metals mining space.