The current outcome of an airborne electromagnetic survey completed by SkyTEM in 2021, was the identification of several large areas with conductivity anomalies on the Silverknife and Amy properties in
The proposed studies would provide a measure of resistivity. Simply put, material with low resistivity allows electrons to move through it easily and it therefore tends to also be highly conductive. Silver is a very highly conductive elements that makes it suitable for a large number of industrial applications. Therefore, a target from a resistivity survey containing silver would be one characterized by low resistivity.
Resistivity studies may help to define specific contacts between units such as limestones and granites, with the target host being a limestone. Limestones, especially cracked or faulted ones, also typically have low resistivity values, while intrusions like granites will have a much higher resistivity. Resistivity studies can present a lot of information and help to define specific targets, contact relationships, and possible fault structures which are key known controls for mineralization in the
Previous SkyTEM surveys have identified large conductivity anomalies in areas such as Tootsee North and the South-central Zones of the Silverknife Property. In the
It is therefore the hope that additional ground geophysical studies and grid based geological mapping will serve to better define near term drill targets to depths of 250-300 meters or more.
The Silverknife and Amy properties are 100% owned by
In addition, CMC has been in active discussions over potential interest expressed in an earn-in agreement for the
Mr.
Mr.
About
Contact:
President, CEO and Director
Tel: (+52) 669 198 8503
Email: kbrewer80@hotmail.com
'This news release may contain certain statements that constitute 'forward-looking information' within the meaning of applicable securities law, including without limitation, statements that address the timing and content of upcoming work programs, geological interpretations, receipt of property titles and exploitation activities and developments. In this release disclosure regarding the potential to undertake future exploration work comprise forward looking statements. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks, including the ability of the Company to raise the funds necessary to fund its projects, to carry out the work and, accordingly, may not occur as described herein or at all. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, the impact of the constantly evolving COVID-19 pandemic crisis and continued availability of capital and financing and general economic, market or business conditions. Readers are referred to the Company's filings with the Canadian securities regulators for information on these and other risk factors, available at www.sedar.com. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.'
(C) 2024 Electronic News Publishing, source