Reviewed by Lexie CornerSep 20 2024
CMC Metals Ltd. has successfully completed a significant reclamation program on its Silver Hart and Blue Heaven claims in Yukon, Canada. During the reclamation effort, the Company's Chief Geologist and President identified three manto zones within the Main Zone at Silver Hart and other prospective areas on the Blue Heaven claims. These discoveries are considered promising and merit further exploration. Multiple grab samples were collected and sent for analysis.
The program focused on reclaiming drill pads, access roads, and trenches in the Silver Hart and Blue Heaven claim areas of the Silver Hart Project. This work is important as it ensures compliance with environmental standards and maintains an adequate surety bond with Yukon.
This reclamation work is of considerable importance in meeting permit requirements and demonstrating social responsibility in our work programs. Every year, we have completed progressive reclamation of historical work areas dating back to the mid-1980’s and recent activities. While supervising the effort, I had some time to scout around and as a result identified three new manto zones which have never been drill investigated.
Kevin Brewer, President and CEO, CMC Metals Ltd.
Kevin Brewer added, “We now have several drill target areas including (i) within the Main Zone on the Silver Hart claims that require infill drilling that could result in extensions of known mineralization; (ii) the “Golden Cross” area on the Blue Heaven claims which had highly positive trench results that appear to indicate the existence of staked manto horizons in that area, and (iii) recent discoveries of new mantos on surface.”
Mr. Brewer added, “This indicates that to me that clearly the full potential for CRD mineralization at this project is yet to be fully identified.”
As previously announced, CMC Metals Ltd. has engaged MICON International to complete a new Mineral Resource Estimate of the Main Zone on the Silver Hart claims in compliance with NI 43-101 standards. The estimate will focus on several zones where mineralization has been identified and is potentially suitable for open-pit mining.
Additionally, the Blue Heaven Property, comprising 118 claims (1,975 hectares) adjacent to the Silver Hart claims, includes 36 showings and 13 mineralized areas, many of which remain unevaluated by the Company.
A brief program conducted in 2022 expanded on previous trenching at the Desire Showing, now referred to as the Golden Cross Zone, and yielded several very favorable results, such as:
- Comprising 1.0 m of 10 % lead, 5.1 % zinc, 1,500 g/t silver, and 2.3 % manganese; 8.0 m grading 13.39 % lead, 1.57% zinc, 359.25 g/t silver, and 1.17 % manganese.
- 8.25 % lead, 4.22 % zinc, 151.57 g/t silver, and 9.16 % manganese were graded in 13.0 m; 1.0 m had 23.86 % lead, 0.9 % zinc, 623 g/t silver, and 2.3 % manganese.
- A mineralized area measuring 14.0 m, comprising 1.0 m samples with the following contents:
- 3.61 % lead, 3.1% zinc, 199 grams of silver, 12.66 % manganese
- 10 % lead, 2.5 % zinc, 360 grams of silver, and 3.77 % manganese
- 10 % lead, 8.5 % zinc, 459 grams of silver, and 1.6 % manganese
- Several other 1.0 m length individual samples containing
- 49.8 % lead, 3.7 % zinc, 857 g/t silver and 5.7 % manganese
- 13.4 % lead, 5.6 % zinc, 167 g/t silver and 10.5 % manganese
- 59.46 % lead, 1.8 % zinc, 1,076 g/t silver and 3.2 % manganese
- 21.01 % lead, 1.1 % zinc, 820 g/t silver and 1.4 % manganese
- 16.53 % lead, 0.3 % zinc, 425 g/t silver and 0.7 % manganese
- 64.56 % lead, 5.6 % zinc, >1,500g/t silver and 2.3 % manganese
- 29.26 % lead, 0.7 % zinc, 1,295 g/t silver and 0.5 % manganese
Numerous manganese-rich outcrops near the Golden Cross Zone have been identified on the Silver Hart property, suggesting potential for silver-lead-zinc CRD-style mineralization. These areas will be thoroughly mapped and trenched once the property's exploration permit is obtained.
Additionally, a 1999 bulk sample from the Blue and H zones of the Blue Heaven claims, collected by Nordac Resources Ltd., yielded 51.47 dry tons with grades of 8,563 g/t silver, 56.2 % lead, 9.5 % zinc, and 1.2 g/t gold.
Ronacher-McKenzie Geosciences conducted a thorough analysis of the 2021 SkyTEM airborne electromagnetic survey, identifying four areas within the Silver Hart Project that warrant further exploration.
The company's exploration permit application for the Silver Hart and Blue Heaven claims is in the final review stage with the Yukon Environmental and Assessment Board, and CMC Metals Ltd. expects to obtain it in time for the 2025 field season. CMC owns 100 % of the Silver Hart claims and recently acquired an 80 % stake in the Blue Heaven claims, with Strategic Metals Ltd. owning the remaining 20 %.