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CMC Metals Mobilizes Field Crews at Its Bridal Veil Property in Newfoundland
VANCOUVER, BC / ACCESSWIRE / September 29, 2021 / CMC Metals Ltd. (TSXV:CMB)(Frankfurt:ZM5N)(...
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[{"type":"text","content":"CMC Metals Mobilizes Field Crews at Its Bridal Veil Property in NewfoundlandVANCOUVER, BC / ACCESSWIRE / September 29, 2021 / CMC Metals Ltd. (TSXV:CMB)(Frankfurt:ZM5N)(OTC PINK:CMCZF); (the \"Company\") is pleased to announce that field crews have been mobilized to their polymetallic Bridal Veil Property in Newfoundland, Canada. Bridal Veil is located 10 km east of Gander in the geological terrane called the Gander Zone which is an area of significant interest to explorationists due to the recent gold discovery at the Queensway Project owned by Newfound Gold. The Bridal Veil Property comprises of 126 claims (3,150 hectares) and lies within the Gander Zone and is underlain by sedimentary rocks of the Gander Group. Bridal Veil is an epigenetic, structurally controlled polymetallic target which has been noted to have the potential to host gold mineralization.Bridal Veil has had some promising results including several gold in till samples from regional government surveys, promising assays from several identified mineral occurrences, and an unexplained geophysical anomaly. Historical grab samples from mineralized zones have returned grades of up to 8.9% copper, 5.6% lead, 8.6 oz/t silver and 750 ppb gold and another grab containing 3.82 g/t gold. Other grab samples from the mineralized zones include:Bridal Veil:1.33% copper, 5.2% lead, 1.0 oz/t silverAbbott's Ridge:8.5% copper, 1.0% lead and 0.6 oz/t silverHidden outcrop:0.29% copper, 3.2% lead and 5.4 oz/t silverGrowler:0.21% copper, 0.85% lead, and 1.13 oz/t silverMeggan's Rise:0.75% copper, 8.4% lead and 7.8 oz/t silverPrevious geophysical investigations included an Induced Polarization Survey and a Magnetometer Survey which served to identify anomalous areas that merit follow up exploration. To date only 20% of the property has been subjected to any work or reconnaissance efforts. The property is transected by both the Trans Canada Highway and the Trans Canada Trail system and also many of the claims are accessible by a network of trails.Mr. John Bossio, Chairperson noted, \"We are pleased to initiate exploration efforts at Bridal Veil. Newfoundland. Central Newfoundland is a hotbed of exploration activity and we are excited to now be able to start to examine Bridal Veil.\"Qualified PersonKevin Brewer, a registered professional geoscientist in BC, Yukon and Newfoundland, is the...