Re: Welcome to the CMC Metals Ltd Discussion Forum on AGORACOM
in response to
by
AGORACOM
posted on
Aug 21, 2009 06:22PM
Edit this title from the Fast Facts Section
Thank you Agoracom for delivering so quickly . Welcome to all new posters .
Tec
From www.cmcmetals.ca
CMC METALS LTD.
CMC Metals Ltd. is focused on creating maximum value for shareholders
through the aggressive development and production of advanced stage
properties high grade silver properties. CMC's mandate is developing
properties that have a high potential of becoming profitable mid-sized
mines.
Silver Mine Development Underway
CMC Metal's 100-per-cent-owned Silver Hart mine project is preparing for a
20,000-tonne-per-year mine and an 80-tonne-per-day mill facility to
concentrate the run-of-mine ore. This Yukon, Canada property is a high grade
silver deposit with silver grades averaging over 1.93 kg/tonne (56.5 oz/ton)
in the TM zone (NI 43-101 inferred resources). The mill is being
prefabricated in eight modules and is at 75% completion. It is being
constructed in Nevada with a delivery date expected this fall. The first
zone to be surface mined contains an estimated high grade silver resource of
6.5 million ounces, 11.5 pounds of lead and 19.9 million pounds of zinc. The
company has calculated a breakeven silver cost of $4.45 per ounce (USD) with
base metals credited towards operating expenses.
Aug 21, 2009
Aug 13, 2009: Silver Hart Mine 1,000 Meter Drilling Program Commences / 2,000,000 Unit Flow-Through Priv...
Jul 29, 2009: 41,900 Grams per Tonne intersection in the TM Pit
Jul 20, 2009: Silver Hart Mill Prefabrication Reaches 70 Percent Completion
Jun 25, 2009: Closing of 4,000,000 Unit Private Placement @ $0.10 Per Unit/Resetting of Incentive Stock ...