CMX Announces Ore-Sorting Test Completed with Assays Pending

CMX Announces Ore-Sorting Test Completed with Assays Pending

(TheNewswire)

CMX Gold & Silver Corp.

CMX Gold & Silver Corp. ( CSE:CXC ) ( OTC:CXXMF ) (" CMX " or the " Company ") announces the successful completion of the ore-sorting test at the TOMRA facility in Sydney, Australia.  The sorted product has been sent to Bureau Veritas for assaying. Results are expected in late April 2023

CMX's plan for processing the stockpile on its 100%-owned Clayton Silver Property is to use state-of-the-art precision ore-sorting technology to high-grade the unprocessed rock and thereby enhance the grade of material delivered to a toll mill.  Dual Energy X-Ray Transmission technologies are effective at capturing sulphides and concentrating valuable metals.  Data from other sorting projects across North America indicate ore-sorting has the potential to increase the grade of sorted rock by 6 to 10 times.  The Company's expectation is that TOMRA's testing captured most of the metals in the 10% product from the first run, with the remainder in the 10% product from the second run of the first run's rejected material.  Confirmation will come from the assay results.

Jan Alston, President & CEO of CMX stated: "Completion of the ore-sorting test is an important milestone in advancing the Company's Clayton Silver Project.  Once we receive the assays for the sorted stockpile material, we anticipate this will provide confirmation of the value proposition that CMX can obtain significant cash flow from processing the stockpile next year."

The historic Clayton Silver Mine stockpile is estimated to contain up to 1,000,000 tonnes of metal-bearing rock.  In CMX's 2014/15 evaluation program, over 3,000 kilograms of sample material were collected from 16 locations selected to ensure representative results.  Analysis of the samples confirmed the presence of gold in each sample.  Assays indicated gold values up to 2.84 gm/t with an average of 0.80 gm/t for the 16 locations sampled.  Statistical averages of the 16 locations of the mine stockpile sampling program were: gold – 0.80 gms/t; silver – 24.31 gms/t; lead – 0.44%; zinc – 0.27%.

About the Clayton Silver Project

The Clayton Silver Property is in Custer County in south-central Idaho, a mining-friendly state.  The 1,134-acre property includes the former Clayton silver-lead-zinc mine on patented claims.  The Clayton Mine was developed on eight levels to a depth of 1,100 feet below surface and is comprised of approximately 19,690 feet of underground development.  Two major ore bodies were partially mined: the "South Ore Body" and the "North Ore Body".

The recorded production from the Clayton Mine included 7,031,110 oz silver, 86,771,527 lbs lead, 28,172,211 lbs zinc, 1,664,177 lbs copper, and minor amounts of gold from an estimated 2,145,652 tonnes of ore mined between 1934 and 1985.

Significant potential is demonstrated in hole 1501-A, drilled in the mid-1960's, which penetrated the mineralized zone at 1,425 feet.  At that depth, the hole intercepted 22 feet of 4.07 oz (126 gms) Ag/t, 5.75% lead and 5.37% zinc (note: true width is unknown).

Technical and scientific information in this news release was reviewed and approved by Richard Walker, M.Sc. (Geology), P.Geo., recognized as a Qualified Person under the guidelines of National Instrument 43-101.  Readers are cautioned that historical information referenced in this news release is not NI 43-101 compliant but has been obtained from sources that the Company believes are reliable.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

For further information contact:

Robert d'Artois, Investor Relations at (604) 329-0845 bobdartois@cmxgoldandsilver.com

Jan M. Alston, President & C.E.O. at (403) 457-2697 janalston@cmxgoldandsilver.com

You can also visit the Company's Website : www.cmxgoldandsilver.com

WARNING : the Company relies upon litigation protection for "forward looking" statements. The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking information. Factors that may cause actual results to vary materially include, but are not limited to, inaccurate assumptions concerning the operations of the Company, changes to securities regulation requirements, other changes in laws or regulations, unanticipated risks from a future global health crisis, and changes in general economic conditions or the state of financial markets impacting the ability to raise additional financing. Readers are cautioned not to place undue reliance on this forward-looking information. The Company does not assume the obligation to revise or update this forward-looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.

Copyright (c) 2023 TheNewswire - All rights reserved.

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CMX Announces Assay Results Confirm Ore-Sorting Viable for Clayton Stockpile

CMX Announces Assay Results Confirm Ore-Sorting Viable for Clayton Stockpile

(TheNewswire)

CMX Gold & Silver Corp.

CMX Gold & Silver Corp. ( CSE:CXC ) ( OTC:CXXMF ) (" CMX " or the " Company ") has received assays for concentrate successfully recovered from samples taken in 2022 from the historic stockpile adjacent to its 100%-owned Clayton Silver Mine in Idaho.  Jan Alston, President & CEO of CMX stated: "This is a significant milestone with respect to advancing the Company's Clayton Silver Project.  The silver, lead and zinc assay results are robust and ore-sorting returned a high-grade concentrate.  This provides CMX with a unique opportunity as a junior mining company to exploit the stockpile, which is estimated to contain 1,000,000 tonnes or more of mineralized material. Processing the stockpile is expected to start next year

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CMX Expands Clayton Landholdings

CMX Expands Clayton Landholdings

(TheNewswire)

CMX Gold & Silver Corp.

November 3, 2022 TheNewswire - CALGARY, ALBERTA CMX Gold & Silver Corp. ( CSE:CXC ) ; ( OTC:CXXMF ) ("CMX" or the "Company") announces completion of its 2022 claims staking program surrounding its 100%-owned Clayton Silver Property in Idaho, USA.  The Company surveyed and staked 22 lode claims on federal Bureau of Land Management land, adding approximately 450 acres to CMX's landholdings. The staking has added significant prospective acreage to the Company's silverleadzinc project, bringing the total land position to 1,134 acres, a 66% increase in the area covered.  Prior to staking the new claims, CMX's land position was comprised of 29 patented mining claims and 2  patented mill sites aggregating 565 acres, plus 6 lode claims aggregating 119 acres.

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CMX Clayton Stockpile Testing

CMX Clayton Stockpile Testing

(TheNewswire)

CMX Gold & Silver Corp.

October 13, 2022

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CMX Announces Contract for Processing Clayton Stockpile

CMX Announces Contract for Processing Clayton Stockpile

(TheNewswire)

CMX Gold & Silver Corp.

May 31, 2022 TheNewswire - CALGARY, ALBERTA CMX Gold & Silver Corp. ( CSE:CXC ) ; (CNSX:CXC.CN); ( OTC:CXXMF ) ("CMX" or the "Company") announces that it has signed an agreement with Sulphide Remediation Inc. ("SRI") ( https:www.sulphide-remediation.com ), an affiliate of ABH Engineering Inc. of Surrey, B.C., a firm specializing in mineral processing ( https:www.abhengineeringinc.com ).  SRI utilizes precision ore sorting technology to high-grade mine stockpiles of unprocessed rock to enhance the grade of material delivered to a toll mill.  Dual Energy X-Ray Transmission technologies differentiate between rocks based on small fluctuations in density profiles and are effective at removing sulphides and concentrating valuable metals.  The sorted rock can be treated at existing millssmelters where valuable metals will be extracted and sulphides will be safely handled.​ SRI has some of the world's leading experts in crushing, screening and ore sorting.

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CMX Gold & Silver Corp

CMX Announces Media Marketing Contract and New Transfer Agent

(TheNewswire)

CMX Gold & Silver Corp.

May 19, 2022 TheNewswire - CALGARY, ALBERTA CMX Gold & Silver Corp. ( CSE:CXC ) ; (CNSX:CXC.CN); ( OTC:CXXMF ) ("CMX" or the "Company") announces that it has retained the services of Dig Media Inc., doing business as Investing News Network ("INN") for an investor marketing and advertising campaign. INN will provide on-line marketing, advertising and investor awareness services to the Company for the purposes of informing investors about CMX and activities on its 100%-owned Clayton Silver Project in Idaho, USA. The contract with INN is for a twelve-month digital media campaign at a monthly cost of $6,000 that ends on April 25, 2023.

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Each Unit is comprised of one common share in the capital of the Company (a "Common Share") and one-half of one Common Share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder thereof to acquire one Common Share at an exercise price of $0.05 for a period of 36 months following closing of the Unit Offering.

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About Osisko Metals

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western copper and gold corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) announces the launching of a metallurgical testing program (the "Metallurgical Program") for its wholly-owned Casino Copper-Gold Project (" Casino "). Fifteen composite samples were prepared from core acquired in 2023 (the "Drill Program"). Western's Technical and Sustainability Committee, comprised of members from Western, Rio Tinto Canada Inc. and Mitsubishi Materials Corporation, prepared the Drill and Metallurgical Programs.

Drill Program

The 2023 Drill Program consisted of seven holes for 2,244 m ranging from 130 m to 556 m in length. The drill holes were located inside the current pit boundaries and were selected to provide a range of grades, host rocks, and mineralogy for the Metallurgical Program (see Figure 1). The drill holes were also selected to convert indicated resource to measured.

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Geophysical program designed to deliver a pipeline of priority drill targets for new copper discoveries

Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") is pleased to provide details on the upcoming geophysical surveys and exploration program at the Storm Copper Project ("Storm" or the "Project") on Somerset Island, Nunavut. The program will be conducted by American West Metals Limited ("American West"), who is the operator of the Project. American West has completed the required expenditures to earn an undivided 80% interest in the Project. American West will be solely responsible for funding the program

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WESTERN COPPER AND GOLD ANNOUNCES RIO TINTO EXERCISE OF THEIR ANTI DILUTION RIGHT

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western copper and gold corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) announces it has completed a private placement with Rio Tinto Canada Inc. ("Rio Tinto") pursuant to Rio Tinto's subscription rights as a result of the Company's recent private placement with the incoming CEO.

Western Copper and Gold Corporation logo (CNW Group/Western Copper and Gold Corporation)

Rio Tinto acquired 239,528 common shares of the Company at a price of C$1.35 per share for proceeds of C$323,363 , allowing Rio Tinto to maintain its interest of approximately 9.7%.

western copper and gold corporation is developing the Casino Project, Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino project using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com .

On behalf of the board,

"Sandeep Singh"

Sandeep Singh
Chief Executive Officer
western copper and gold corporation

SOURCE western copper and gold corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2024/25/c5284.html

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Awalé Hits 45.7 g/t Gold over 32m at the Odienné Project

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