18 Tweets Feb 05, 2023
@TheLastDegree @Anais_GoldGirl $CMB.V #BC #Silver #Lead #Zinc #CRD #CarbonateReplacementDeposit A thread on the company's #SilverKnife prospect and why I am looking forward to the 2023 drilling season fwiw.
•The property acquired at a very reasonable cost
•It had an abundance of quality (historical) data (geochem + geo data) and was a readily accessible asset.
• It had the SilverKnife prospect which had a historically high Ag-Pb-Zn drill result (on the border with the Coeur
Silvertip property).
•More modern geophysics have been applied since then
•There is an identified anomaly that is over 600 metres in strike length and up to 250 metres in width and as such you could fit the existing Silvertip deposit in that size of that an area.
•The strength of that gravity anaomuly can only be explained by a presence of base metals and as it has a very dense gravity anomaly geoscience marker or “footprint) that is indicative of a potential CRD style (lead & zinc) mineralization
•A conductor was identified from the Sky Tem survey and the results were indicative of a notable silver presence because silver is conductive whereas base metals are not.
•Coeur have been drilling gravity targets as a way to follow up their conductors on the Silvertip
property to great success over the past number of years.
•$CMB will drill the prospective anomaly with a 3,000 metre drill program in 2023
•The conductor looks likely goes over on to the Silvertip claims and may well be part of the same system.
•2023 will provide $CMB.V investors with an opportunity to participate in a “company making discovery” that lays right next to an existing one (Silvertip) in an area that many believe is the next great silver district
•CMC Metals is the second largest land holder in that district. District scale mining discoveries that are high grade come along seldom for junior investment opportunities and fewer still have the identifiable upside that this one (SilverKnife) has
Notes are based on two presentations in Vancouver by CEO Kevin Brewer from last week.
youtube.com Must watch imo! youtube.com
Some pics from the conference presentation on SilverKnife
More notes IF you are interested.
* Couer figure and it is important imo as it shows the gravity anomaly is located within a NE trending structural corridor and that SilverKnife is right on a N-S trending fault and they appear to show a similar trending fault on Silvertip.
Also the figure shows that they have identified a geochmical anomaly extending southwards from their Berg Prospect (known to be a CRD target) to the northern boundary of CMC property and in a similar fashion a geochemical anomaly to the south from Tricorne Mtn to CMC southern
boundary right where McDame Formation has been mapped.
Silverknife prospect had a non 43-101 compliant resource.
Couer is finding intersections throughout the Mcdame sequence and this is important and significant to CMC as Silverknife was stratigraphically lower in the Mcdame
(host limestone to Silvertip) and as a result people paid less attention to it thinking it was not close enough to the upper Mcdame and that the contact with the overlying mudstones (cap rock - assigned to the Earn Group) etc...this makes the SilverKnife prospect far more
prospective than thought in the past and also many parts of the McDame that are known to exist on the SilverKnife property in both the north, south central and southern portions of the property
That's all of my notes from the two conferences. Hope you found it interesting and useful. Cheers

Loading suggestions...