November 04, 2010
Silver Hart Mine Bulk Sample Purchased

THE SILVER HART PROPERTY - Yukon

CMC Metals Ltd., 100-per-cent-owned Silver Hart mine project is in the permitting phase to bring it into production. This property contains a high grade silver resource with silver grades averaging over 1.93 kg/tonne (56.5 oz/ton) in the TM zone (not NI 43-101 inferred resources).

To date, over $8.5 million has been spent on exploration and infrastructure development on the Silver Hart property with over 8,834 m of drilling. There are over 20 known mineralized trench showings, with only four zones being drill developed. Less than 6.5% of the CMC claims have been explored leaving a tremendous opportunity for expansion.

High Grade Bulk Sample - CMC Metals Ltd. has completed extraction of a 200-ton bulk sample at the Silver Hart property. The purpose of the bulk sample is to test metallurgical recovery of the high-grade A and B vein, test grade variability down dip and depth continuity of the vein. During recent exploration, the company discovered a hydrothermal vein that ranged between 388 ounces per ton (12,136 grams per tonne) to 1749 ounces per ton (54,660 grams per tonne) silver in the B vein.

BISHOP MILL - California
CMC Metals purchased 100 percent ownership of a 50 tpd mill located in Bishop, California. The mill was constructed by Mammoth Mountain Mining in 1985 and is fully secured by fence, line power to the site, one mile from a paved highway and contains a water well for operational use.

The Bishop Mill is intended to be a source for permitted mines in the area to process ore. The company intends to not only earn income from producing ore concentrate but will also seek to acquire a potential interest in the underlying mineral properties. In the short term, CMC plans to commission the mill by expanding the tailings pond, doubling the mills rated capacity, acquire and/or joint venture on mineral properties that can be source material for the mill and make necessary preparations to be ready for processing.