Welcome to our dedicated page for Walker Lane Resources news (Ticker: CMCXF), a resource for investors and traders seeking the latest updates and insights on Walker Lane Resources stock.
News for Walker Lane Resources Ltd. (CMCXF) centers on its activities as a growth-stage exploration company focused on high-grade gold, silver and polymetallic deposits. Recent public disclosure describes the company’s exploration focus in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon and British Columbia, as well as other mineral property assets in Yukon and Newfoundland and Labrador.
Investors following CMCXF news can expect updates on exploration programs, including plans for aggressive drilling at projects such as Tule Canyon in Nevada and the Amy project in British Columbia. Company communications also discuss the broader portfolio of mineral property assets, including properties associated with silver-lead-zinc and polymetallic mineralization in the Rancheria Silver District and precious-metal-bearing projects in other Canadian jurisdictions.
Corporate news may also include information on property acquisitions or assumptions of mineral assets, references to interests in properties historically linked to CMC Metals Ltd., and updates on agreements related to the Bishop gold processing mill in California and shareholdings in North Bay Resources Inc. These items provide context on how Walker Lane Resources describes the composition of its asset base.
Because the company is at the exploration stage, news often contains forward-looking statements about planned work programs, drilling objectives, technical studies and permitting activities. Readers of CMCXF news can use this page to review how the company presents its exploration priorities, geographic focus and risk considerations over time. Bookmarking this news feed can help track changes in the company’s exploration plans and the evolution of its mineral property portfolio as disclosed in its own announcements.
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CMC Metals Ltd. has engaged SRK Exploration Services Limited to digitize and modernize historical data for the Amy Silver-Lead-Zinc CRD Project in British Columbia. SRK ES, known for independent mineral resource assessments, will assist CMC in progressing the project towards a 'drill-ready' stage in 2022. Historical exploration data shows promising mineralization, including silver grades of up to 20.74 oz/t. The Amy Property is strategically located near existing mining operations, enhancing its potential for development.
CMC Metals Ltd. has successfully closed a non-brokered private placement for gross proceeds of C$750,000, selling 7.5 million flow-through units at C$0.10 each. Each unit comprises one flow-through share and a warrant exercisable at C$0.15 until November 22, 2023. Funds will support exploration at silver properties in Yukon/British Columbia and Newfoundland. Red Cloud Securities acted as a finder, receiving a fee of C$45,500 and non-transferable warrants. The offering is subject to regulatory hold periods and restrictions under U.S. securities law.
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CMC Metals Ltd. announced receipt of an amended exploration permit for Silver Hart from the Yukon Department of Energy, Mines and Resources. The amendment facilitates switchback construction on a steep access road, improving heavy vehicle access for exploration and future operations. The current road will remain public while new portions will be for private use. This approval follows extensive consultations with local First Nations, indicating a commitment to safety and regulatory compliance. CMC is also planning to attend the Mines and Money Conference in London on December 1-2, 2021.
CMC Metals Ltd. announced promising results from recent exploration at its Silver Hart property, confirming high-grade polymetallic samples, including up to 1,243 g/t silver, 20.06% lead, and 28% zinc. Detailed mapping and sampling have validated targets identified by an earlier SkyTEM survey, indicating significant potential for further drilling. The explorations highlight the importance of the contact between the Cassiar Batholith and overlying carbonates. The upcoming presentation by CEO Kevin Brewer will further elaborate on these findings.
CMC Metals Ltd. announced the mobilization of field crews to explore its Terra Nova Property in Newfoundland, consisting of 71 claims located 30 km northwest of Port Blandford. The property, accessible via a 12 km transmission line road, holds significant potential for mesothermal gold-polymetallic deposits with five mineralized showings. Recent sampling produced promising results, including high gold and silver concentrations. A presentation on exploration activities will be held on October 19, 2021, at 3:45 PM EST.
CMC Metals Ltd. has mobilized field crews to its Bridal Veil Property in Newfoundland, an area of growing exploration interest. This property consists of 126 claims covering 3,150 hectares and is positioned near the significant Queensway gold discovery. Historical data indicates potential mineralization, with grab samples showing up to 8.9% copper, 5.6% lead, and 750 ppb gold. Only 20% of the property has been explored so far. The company aims to advance its exploration efforts in a promising geological zone.