CMX Gold & Silver Corp.
CMX Gold & Silver Corp. is a junior mining company focused on Idaho's historic silver mines. The company’s main asset is the 100%-owned Clayton Silver Mine, a past-producer situated in south-central Idaho, that operated for 50 years and has historically mined over two million tonnes of ore. The project also has a stockpile of unprocessed rock that could be up to 1,000,000 tonnes. The Company has signed an agreement with Sulphide Remediation Inc. (“SRI”), a firm specializing in mineral processing utilizing precision ore sorting technology to high-grade mine stockpiles. SRI is currently testing the ore sorting process on Clayton’s stockpile material.
The Clayton property comprises approximately 1,134 acres in Custer County, including the former Clayton silver-lead-zinc mine. The landholding includes 22 new lode claims from the Company's 2022 staking program. The Clayton Silver Mine was developed on eight levels to a depth of 1,100 feet below surface and is comprised of approximately 19,690 feet of underground development. Two major ore bodies were partially mined: the “South Ore Body” and the “North Ore Body”. The recorded production from the Clayton Mine included 7,031,110 oz silver, 86,771,527 lbs lead, 28,172,211 lbs zinc, 1,664,177 lbs copper, and minor amounts of gold from an estimated 2,145,652 tonnes of ore mined between 1934 and 1985.
CMX Gold & Silver Corp. (CXC)
Le 24 novembre/November 2021
Effective immediately, CMX Gold & Silver Corp. will be reinstated for trading.
The Company has rectified the default situation that gave rise to the suspension.
Avec effet immédiat, CMX Gold & Silver Corp. sera réintégré aux fins de négociation.
La Société a rectifié la situation de défaut ayant donné lieu à la suspension.