Business
CMC Metals Ltd. Encounters Additional Highly Anomalous Silver in Soil Samples in Southern part of the Silver Hart Property
(via TheNewswire) August 12, 2020 - TheNewswire - Vancouver, BC. - CMC Metals Ltd. - ("t...
About this update from Walker Lane Resources Ltd.
[{"type":"text","content":"CMC Metals Ltd. Encounters Additional Highly Anomalous Silver in Soil Samples in Southern part of the Silver Hart Property(via TheNewswire)\n \n \nAugust 12, 2020 - TheNewswire - Vancouver, BC. - CMC Metals Ltd. - (\"the Company\") (TSXV:CMB) (OTC:CMCXF) is pleased to announce additional highly anomalous assay results from recent soil sampling in the southern end of the property that may represent an extension of the Main Zone at the Company's 100% owned Silver Hart Project in Yukon, Canada.\n\n \n \nSoil geochemical surveys were conducted southeast (see Figure 1) of the Main Zone following up on historic VLF-EM conductors that were not completely sampled. Some work had been completed in the area during early exploration efforts in 1985-1987 but have not been examined using modern exploration techniques since that time.\n\n \n \nKey highlights from recent soil sampling in this area are as follows:\n\n \n \n\n\n- From a total of 132 samples, 44 were anomalous in silver with 2 samples in excess of 3,000 ppb ranging up to 5,534 ppb, 17 in excess of 1,000 to 2,999 ppb ranging from 1037 to 2841 ppb and 25 in excess of 500 to 999 ppb\n\n\n\n- In most instances the anomalous silver results were coincident with anomalous values of zinc and lead. From the 132 samples, 24 samples were anomalous in zinc with the highest value of 1190.6 ppm, and 14 samples were anomalous in lead with a highest value of 270.2 ppm\n\n\n\n \n \n(Note: anomalous levels were considered to be assays from soils collected with greater or equal to 500ppb silver, 200 ppm zinc and 50 ppm lead).\n\n \n \nThe encouraging aspect of the results is:\n\n \n \n\n\n- This area is in close proximity to the highly anomalous samples to the south recently announced on August 5 which now indicates that the total new anomalous area covers an area of approximately one kilometer in length and up to 600 meters in width\n\n\n\n- This anomalous area is following the strike trend of the eastern portion of the Main Zone where we have recently identified historic trenches that are mineralized and are associated with VLF-EM conductors. If these are a part of the same veins that are identified in the trenches (results pending from sampling) the lateral extent of a possible new vein system could be in excess of over 2.0 kilometers in length. \n\n\n\n \n \nKevin Brewer, President and CEO of th...