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Re: News Release - Thursday, February 11, 2010
YESAB Executive Committee Silver Hart Project Review
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Vancouver, B.C.: CMC Metals Ltd. (the "Company") is pleased to
announce that it has submitted the Project Description to the Yukon
Environmental and Socio-economic Assessment Board (YESAB) to
prescreening the project to be deemed complete. Once deemed complete,
YESAB can conduct their assessment and develop a decision document with
recommendations for the Yukon Territorial Government (YTG) to use in
developing their Development permits and Operating Licence. The
Development permit will allow the Company to proceed with the civil
works in preparing the mine and mill for production. Other permits,
licence and agreements that will follow this point would include a
Class B Water Licence from the Yukon Water Board and an Operating
Licence from YTG and working agreements with First Nations.
The proposed Silver Hart project is for a 20,000 tonne per year mine
and an 80 tonne per day mill facility. Mining of the TM and S zone will
be on a seasonal basis (June to October) and milling will be on a year
round basis. The first two years will be by surface mining methods and
then continued by underground methods.
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 StoxNetwork Corp. 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.
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Copyright (c) 2010 CMC METALS LTD. (CMB) All rights reserved. For
more information visit our website at http://www.cmcmetals.ca/ or send
mailto:gz@mineralstocks.com
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CMC Metals Ltd.
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EN DÉVELOPPEMENT |
CODE : CMB.V |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
CMC Metals est une société développant des projet miniers d'argent basée au Canada. CMC Metals est en développement de projets d'argent, de plomb et de zinc au Canada. Son principal projet en développement est SILVER HART au Canada et ses principaux projets en exploration sont BLACK HORSE (CHESCO CLAIMS), LOGJAM et WHEELBARROW PROPERTY au Canada. CMC Metals est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 1,4 millions CA$ (1,0 millions US$, 943 937 €). La valeur de son action a atteint son plus haut niveau récent le 07 janvier 2011 à 2,94 CA$, et son plus bas niveau récent le 28 septembre 2018 à 0,02 CA$. CMC Metals possède 34 650 000 actions en circulation. |