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      Black Horse Mine ownership Transfer
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.:  CMC Metals Ltd. (the "Company") is pleased to
announce it has acquired a 50 percent ownership in the Chesco claims
located in Esmeralda County, Nevada for a payment of $50,000.  The
Chesco claims, also known as the Black Horse Mine, are located 45 miles
from the Bishop Mill facilities, owned by the Company.  It is the
Company's intention to start the process of acquiring exploration
permits for the Chesco claims to evaluate the grades, tonnage, and for
mining as a feedstock for the Bishop Mill.

Currently the Chesco claims have an open pit that exposes a 30 foot
wide by over 1000 foot long structure.  Four benches have been
developed to access the mineralized zone and stated by Pruett Ballarat
Inc. ("PBI") to contain over 100,000 tons. Past mining at the Black
Horse Mine included 3000 tons at a grade of 0.5 percent tungsten and
0.5 percent molybdenum was processed at the Pine Creek mill in 1956.
An additional 1200 tons grading 0.25 percent tungsten and 0.27 percent
molybdenum was processed by Argentum in 1976 and produced concentrate
grading 15 percent tungsten and 17 percent molybdenum.

During a due diligence site inspection by Don Wedman, P.Eng., President
and Chief Executive Officer of the Company, a number of channel chip
samples where take from three of the developed benches. Two highlight
samples assayed were BH10-02 with 1.80 percent molybdenum and 0.21
percent tungsten and sample BH10-05 with 0.21 percent molybdenum and
..07 percent tungsten. It should be noted that the tungsten content was
assayed for Powellite (a Moly/Tungsten mineralization) and doesn't
include tungsten values from Scheelite mineralization.  Additional
assays will be testing the Scheelite tungsten to determine total
tungsten content.

In compliance with NI 43-101, Don Wedman, P.Eng., President and Chief
Executive Officer of the Company, is the Qualified Person who prepared
or supervised the preparation of the technical information presented in
this news release.

This news release was prepared on behalf of the Board of Directors,
which accepts full responsibility for its contents.

On behalf of the Board:

"Donald W. Wedman"
Donald W. Wedman, P.Eng.
CMC METALS LTD.

For further information on the Company, please contact Mr. Gord Zelko,
VP Business Relations at MineralStocks Consulting. Telephone:
250-495-7123, or Email:  gz@mineralstocks.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.