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CMC Metals Ltd. Issues Silver Hart Exploration Update
Jun. 7, 2011 (TheNewswire.ca) -- Vancouver, B.C.: CMC Metals Ltd. (TSXV:CMB) (OOTC:CMCXF) (t...
About this update from Walker Lane Resources Ltd.
[{"type":"text","content":"\nCMC Metals Ltd. Issues Silver Hart Exploration Update\n\n Jun. 7, 2011 (TheNewswire.ca) -- Vancouver, B.C.: CMC Metals Ltd. (TSXV:CMB) (OOTC:CMCXF) (the \"Company\") is pleased to announce it has commenced the 2011 exploration program at the Silver Hart site. The goal for the program is to extract up to a 2500 tonne bulk sample, conduct a detailed geochem survey over one of the base geochem survey anomalies, and drill test the geochem anomaly. Last year the Company extracted a logistical 130.8 dry tonne bulk sample and received $445,000. The larger sample this year will be testing the viability to bulk mine the TM structure in preparation for submitting an extension to the Class III Exploration permit with on-going bulk sampling.The geochem anomaly being tested shows a linear alignment and similar striking direction as the KL and M zones and is situated between these two mineralized structures. Last year several subcrop samples were collected that contained massive galena similar to the KL zone. Based on the preliminary data, the Company has determined that the area has a potential to host a mineralized structure. After completing the detail geochem survey, several shallow drill holes will be drilled to test the structure continuity and mineralization. The base geochem survey identified over 20 linear anomalies that can be tested for additional mineralized zones. As the Company moves forward with bulk samples, the exploration of the geochem anomalies will assist in developing new zones that can support the depletion of resources from the TM surface mine.During the 2011 exploration season in the Yukon, the Company will also be conducting a Class I exploration investigation of the Logjam property. A baseline recon investigation and sampling in the two adits will be performed to collect sufficient data to develop a multiple year exploration program. The data will also support the development of a Class III Exploration application. The Logjam property is 80 km to the southwest of the Silver Hart property and boarders the to the Logtung deposit.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 Dire...