CMC Metals Ltd. Contracts Gravity Geophysical Survey to Further Delineate CRD Targets at its Silverknife Property, Northern British Columbia

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[{"type":"text","content":"CMC Metals Ltd. Contracts Gravity Geophysical Survey to Further Delineate CRD Targets at its Silverknife Property, Northern British ColumbiaVANCOUVER, BC / ACCESSWIRE / July 6, 2023 / CMC Metals Ltd. (TSXV:CMB)(Frankfurt:ZM5P)(:OTCQB:CMCXF) (\"CMC\" or the \"Company\") is pleased to announce that McKeown Exploration Services (\"MES\") has initiated a second gravity survey on our Silverknife Property in northern British Columbia. MES is a specialist in gravity surveys. The design of the program was prepared in consultation with MES by Dr. Chris Hale and Mr. John Gilliatt of Intelligent Exploration who are the Company's geophysical contractor.Approximately 14.7 line kilometers of gravity survey will be completed in the central part of the Property (see Figure 1) to further evaluate the significant conductors previously identified by the airborne SkyTEM survey and the Silverknife Prospect (see CMC Press Release of May 11, 2022 and Figure 2). The survey is expected to take about 3 weeks to complete.The Silverknife property is located immediately west of the Silvertip Mine property owned by Coeur Mining (\"Coeur\"). The Silvertip Mine is one of the highest-grade underground silver-lead-zinc deposits in the world. Recent announcements by Coeur relating to several new discoveries in the SilverTip area along with a new mineralization model have added to the prospectivity of the Silverknife property, and in particular the area being covered by the current gravity survey.Coverage by the gravity survey will include coverage of:The historic Silverknife Prospect which was subjected to drilling in the mid 1980's that identified significant mineralization that was reported to remain open in several directions and at depth. In addition, 3D Geosoft Modelling by CMC's geophysical contractor Intelligent Exploration, appears to indicate that previous drilling on the Silverknife Prospect was conducted on the edge of the conductors (see Figures 3 and 4);A series of conductors that extend through the central portion of the property from east to west (see Figure 3; and,The northeastern most portion of the property adjacent to previously identified discoveries identified through the combination of the previous gravity and SkyTEM airborne surveys.Figure 1. Location of Gravity Stations for the 2023 Survey - Silverknife Property(Source: McKeown Exploration...

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