CMC Metals Completes First Shipment to Midas Mill

V.CMB, CMC Metals, gold

CMC Metals Ltd., (TSX VENTURE:V.CMB) is pleased to announce that the Company and Pruett Ballarat Inc. (“PBI”), the mine operator and the Company’s joint venture (“JV”) partner at the Radcliff Mine Property (“Radcliff”) has completed the shipping of approximately 500 tons of material to the Klondex Mines Operations Inc. (“Klondex”), ore processing mill at Midas mine, situated in Elko County, NV. The material has been shipped for processing subject to the terms of an agreement for purchase and sale of gold bearing rock which allows for Klondex to process up to 6,000 tons of oxide-dominated gold-bearing rock, in batches of 1,500 tons, with provision for a an initial smaller batch of Radcliff mineralized rock to be treated (approximately 500 tons). Staged shipping of the test batch, which comprises selected rounds of material mined via the 5510-level portal from portions of an indicated resource1 at the Radcliff, commenced October 19th 2016.read more

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