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Vancouver, B.C.: CMC Metals Ltd. (the "Company") is pleased to announce that the Radcliff/Worldbeater property has now been Title registered 50% interest under CMC Metals Corp., a 100 percent owned subsidiary of the Company after payment of an additional US$100,000. Mine Development Associates (MDA) have been retained to update the past historical resource estimates to a current status by including any additional data that could influence the historical resource estimates. Exploration and development work is proceeding to bring the Radcliff Mine to a point that the mine can sustain an on-going production for the Bishop facilities.
The purchase agreement was amended allowing the balance of the purchase price of US$800,000 to be paid by June 16, 2012.
In compliance with NI 43-101, Don Wedman, P.Eng., President and Chief Executive Officer of the Company, is the Qualified Person who prepared or supervised the preparation of the technical information presented in this news release.
This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.
On behalf of the Board:
"Donald W. Wedman"
Donald W. Wedman, P.Eng.
CMC METALS LTD.
For further information on the Company, please contact Mr. Gord Zelko, VP Business Relations at MineralStocks Consulting. Telephone: 250-495-7123, or Email: gz@mineralstocks.com.
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.
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