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CMC Update on Silver Hart (Yukon) 2018 Plan
(via TheNewswire) Vancouver, BC. / TheNewswire / March 8, 2018 - CMC Metals Ltd. - (the ...
About this update from Walker Lane Resources Ltd.
[{"type":"text","content":"CMC Update on Silver Hart (Yukon) 2018 Plan(via TheNewswire)\n\n \nVancouver, BC. / TheNewswire / March 8, 2018 - CMC Metals Ltd. - (the \"Company\") (TSX-V: CMB) - is moving forward with preparations for a second consecutive season of development, in June-September, at its wholly-owned Silver Hart property, encompassing more than 2,100 hectares in the Watson Lake Mining District, Yukon Territory [\"YT\"] which comprise 116 contiguous full and partial mineral claims. The diamond drilling program last year at Silver Hart, carried out by Longford Exploration (\"Longford\") geologists under a $500,000 budget, enabled the Company to assay current and historical drill core, as a result of which - as previously reported - significant intervals using a 300g silver equivalent cut-off grade were determined successfully. Since close to 90% of the area comprising the CMC claims at Silver Hart has yet to be explored, potential for further high-grade silver-lead-zinc discovery remains considerable regarding this property.\n\n\n \nBased upon both historic and recent Silver Hart exploration results, the Company has commissioned Longford to produce a 3D model based on the consolidation of extensive drill data in hand, and is applying for permitting to undertake further resource readiness drilling of up to 2,000 metres during the forthcoming 2018 mining season in the YT. In connection with its intention to advance plans to concentrate this year, and ongoing, towards proving out the resource scope, the Company will be working with the Yukon Government [\"YG\"] in making necessary improvements to ensure ready access by personnel and equipment to the 43 km. road to the property. A remediation agreement dealing with the existing camp and future probable reclamation requirements at Silver Hart also has been secured with the YG. Under its terms, the Company posted a $146,070 bond, to be released at such time as CMC obtains a new approval that includes authorization to make use of the historical infrastructure on site, and which also includes obligations to reclaim it (on-claim road upgrades, the camp, Quonset hut, mill and crusher pads, other disturbed areas, tanks, and other miscellaneous equipment and materials).\n\n \n \nThe Silver Hart Property is located within the Rancheria District, YT, Canada. Diamond drill holes completed in 2017 targeted the...