Business
CMC Update on the Radcliff Gold Property
(via TheNewswire) Vancouver, BC. / TheNewswire / March 15, 2018 - CMC Metals Ltd. - ("th...
About this update from Walker Lane Resources Ltd.
[{"type":"text","content":"CMC Update on the Radcliff Gold Property(via TheNewswire)\n\n \nVancouver, BC. / TheNewswire / March 15, 2018 - CMC Metals Ltd. - (\"the Company\") (TSX-V: CMB) - is pleased to announce that it is putting a work crew in place at its Radcliff Property (\"Radcliff\"), formerly the \"World Beater\" Mine\" in Inyo County, Southwestern California. The work crew will undertake primary and secondary crushing, as well as assaying, of an approximately 600 short ton (\"ton\") stockpile of gold-bearing rock prior to transporting the crushed materials that are assayed to contain over a certain threshold of gold to our wholly-owned mill in Bishop, California. The work is being done subsequent to a Company plan and budget that is intended to place materials adequate for starting and testing a mill circuit at the Bishop site. \n\n\n \nIn addition over the next 120 days, the Company is planning to extract up to a further 2,000 ton (1,814 metric \"tonne\") Bulk Sample at Radcliff.\n\n\n \nThe stockpile material to be crushed is residual to the bulk sample material extracted from the Radcliff underground mine and delivered to the Midas property of Klondex Mines Ltd. (\"Klondex\") in Elko County, Nevada for processing in 2017. As the Company reported via news release on May 24, 2017, under an agreement for the purchase and sale of gold-bearing rock the bulk sample processed by Klondex consisted of 422.86 dry metric tonnes (466.12 dry tons), and graded 0.520 oz./tonne (0.472oz/ton). \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 offers potential for near-term cash flow. The Company is led by a seasoned team with experience developing assets to production. CMC holds a 100% interest in the Golden Point gold property bordering Teck Resources located in the Golden Triangle of British Columbia comprising of 87 claims totalling 1,518 Ha. 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 \n\n \n \nlocated...