Business
CMC Mobilizes Drill to its Silver Hart Property
(via TheNewswire) Vancouver, BC. / TheNewswire / June 12, 2017 - CMC Metals Ltd. - ("th...
About this update from Walker Lane Resources Ltd.
[{"type":"text","content":"CMC Mobilizes Drill to its Silver Hart Property(via TheNewswire)\n \n \nVancouver, BC. / TheNewswire / June 12, 2017 - CMC Metals Ltd. - (\"the Company\") (TSX-V: \"CMB\") - is pleased to announce that it has mobilized its 2017 summer drilling program at its 100% owned Silver Hart Silver-Zinc-Lead property in the Yukon. Drilling will take place per terms of a Class 1 Notification under an Allowance to Proceed granted by the Mineral Resources Branch of the Yukon Department of Energy, Mines and Resources. The drilling will be undertaken using a low-impact (24.8 kPa ground pressure) diesel hydraulic track mounted core drill rig, subject to certain track imprint remediation by the Company. \n\n \n \nThe Company plans to drill up to 12 holes, including some confirmatory and exploration work. The program is expected to comprise of approximately 1,000m of drilling. The Company is targeting the completion of field-based work by June 30th. \n\n \n \n\"We are pleased to announce our mobilization and return to work at Silver Hart: in addition to drilling we will also be sampling certain historic drill holes that were not sampled for assay, and we will be evaluating the condition of the existing camp, equipment, core storage facilities and historic workings and road infrastructure to assist with future work plans,\" stated Ian Graham, CEO.\n\n \n \nThe Company further wishes to announce that it has granted 814,000 incentive stock options to directors, officers, employees and or consultants of the company under the Company's rolling stock option plan. The options are exercisable at a price of 12 cents per share and set to expire on June 12, 2019.\n\n \n \nAbout CMC Metals. \n\n \n \nCMC Metals Ltd. is a mineral exploration company focused on opportunities in the United States and Canada that offer potential for near-term cash flow. The Company is led by a seasoned team with experience developing assets to production. CMC hold a 50% interest in the Radcliff Gold property (formerly the World Beater Mine) in California located 9 Miles (14 km) north of the Briggs Gold Mine in the Panamint range in Inyo county, Southwestern California. The Radcliff covers 1,654 acres (670 Ha) comprising 10 patented claims, 5 unpatented mill sites and 84 unpatented mine claims. The Company's Silver Hart Property is a Silver-Lead-Zinc asset located in the Yukon, 13...