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Wednesday, November 29, 2023

CMC Metals CEO Kevin Brewer: Discovering the Next Major Silver District in the World

CMC Metals (TSXV:CMB,FWB:ZM5N,OTC Pink:CMCZF) CEO Kevin Brewer is excited and confident that the company’s current strategy will lead to the discovery of several high-grade polymetallic deposits in the Silver Heart District in the Yukon.

CMC Metals CEO Kevin Brewer: Discovering the Next Major Silver District in the World

CMC Metals CEO Kevin Brewer shared that the company has five properties in that belt, including the flagship Silver Heart property. Since 2019, it has expanded the exploration footprint on that property by over 1,000 percent and identified eight new targets in that time.

“We’re very excited about the targets, which were verified with geochem and considered as valid drill targets. It’s approximately 40 percent greater than all silver mines globally. And 140 percent greater than most silver explorers and developers in the world. We know we’re dealing with a very high-grade project at Silver Heart and some of our other properties in that district. We’re very confident that our current strategy will lead to a discovery of not only one, but several high-grade polymetallic deposits in that district,” added Brewer.

CMC Metals completed detailed mapping and sampling through a SkyTEM airborne geophysical survey earlier this year. In October 2021, the company identified high-grade polymetallic samples within the calcareous units at its proposed future exploration targets. The discovery included assays of 1,243 grams per tonne silver, 20.06 percent lead and 28 percent zinc.

“We have beautiful targets and we plan to go in and trench them first. We started putting in drill holes and started uncovering outcrops of mineralization late in the season. Overall, we’ve got 10,000 to 15,000 meter targets at this point. That’s a lot for a small company like ours to take on, but we’re going to be patient about it and we’ll get there. We plan to do that,” Brewer said.

Watch the full interview of CMC Metals CEO Kevin Brewer above.

Disclaimer: This interview is sponsored by CMC Metals. This interview provides information which was sourced by the Investing News Network (INN) and approved by CMC Metals in order to help investors learn more about the company. CMC Metals is a client of INN. The company’s campaign fees pay for INN to create and update this interview.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with CMC Metals and seek advice from a qualified investment advisor.

This interview may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The issuer relies upon litigation protection for forward-looking statements. Investing in companies comes with uncertainties as market values can fluctuate.

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