Business
CMC Metals Ltd. Provides an Update on Exploration Activities and Announces the Formation of an Advisory Group
(via TheNewswire) Vancouver, BC. - TheNewswire - July 15, 2020 - CMC Metals Ltd. - (...
About this update from Walker Lane Resources Ltd.
[{"type":"text","content":"CMC Metals Ltd. Provides an Update on Exploration Activities and Announces the Formation of an Advisory Group(via TheNewswire)\n\n \nVancouver, BC. - TheNewswire - July 15, 2020 - CMC Metals Ltd. - (\"CMC\" or \"the Company\") (TSXV:CMB) (OTC:CMCXF) (Frankfurt: ZM5N) is pleased to provide an update on ongoing exploration activities at the Silver Hart and Blue Heaven properties.\n\n\n \nCMC has concluded Phase 1 of its 2020 exploration efforts at Silver Hart and will restart exploration efforts this week. Phase 1 included geochemical sampling of the KW Zone and two new areas of prospectivity, the TX and an area just southwest of the previous sampling in the South Zone (see figure below). These areas were identified from a review of historical exploration and we also found previous trenches in the JD Zone that were completed in 2007 but never comprehensively mapped or sampled.\n\n\n \n\nClick Image To View Full Size\n\n \n \nKevin Brewer, President and CEO and the Chief Geologist supervising field operations noted, \"Finding these trenches in the JD Zone was an exciting new development for us and has provided considerable insight into the potential for high grade silver-lead-zinc in the carbonate replacement zone and the overall mineralizing system at Silver Hart. In the trenches, the Company identified and sampled massive disseminated sulphide mineralization including galena, sphalerite and tetrahedrite within the vein structure and altered beds depicting carbonate replacement style mineralization. Neither the vein structure nor the zones of carbonate replacement have been fully excavated in the JD Zone. The KL Zone was also reviewed after taking into consideration the observations made in the JD Zone. The vein structure in the KL Zone is the most prominent at Silver Hart to date, ranging from 10-15 meters in width and associated with a smaller high grade core containing galena mineralization. All of the observed vein structures correlate closely to historical geophysical (VLF-EM) anomalies, many of which have not been trenched to date suggesting further opportunities to discover new high grade zones. A total of 416 soils and 38 rock samples were collected during this first phase of work and have been submitted to Bureau Veritas laboratory in Whitehorse for testing. Results for some of these samples will be available within the n...