Digging deeper and deeper.

Nice runup since we last posted here.

Based on activity it looks like there was some good promotion going on.

Sad to see so much potential utterly wasted.

Welp, another year of investor money wasted on nothing but random exploration and a complete lack of results.

CMCXF: effective Sept. 27,2018 a one for 2.5 reverse split:

http://otce.finra.org/DLSymbolNameChanges

I sold all my shares a few months ago. Glad I am out of this miserably run company...

Supposedly CMB has gold in the ground and owns a mill to process it it.

Yet the management spends all sorts of time and borrowed money to run around assaying other properties. When, instead, they ought to simply mine some gold and fund operations from that.

Looks like the typical carrot-on-a-stick scam.

Another rollback is imminent.

Scholz sunk a lot of money into buybacks 1.5-2.0 years ago so I wonder what his game plan was...

Todays news release indicates that more dilution is coming. They need money to fund the 2018 drilling.
http://cmcmetals.ca/march-8-2018/

Correct, this company is a joke. Schholz should step down and retire. A total waste of time.

What a joke. They can't get any of their existing assets to produce money so Scholz is buying more to make hype.

CMC Acquires Golden Point Gold Project in British Columbia's Golden Triangle Bordering Teck Resources

Vancouver, British Columbia--(Newsfile Corp. - October 16, 2017) - CMC Metals Ltd. - ("the Company") (TSX-V: CMB) — is pleased to announce that it has acquired a 100 percent interest in the Golden Point gold prospect strategically located in British Columbia's Golden Triangle bordering Teck Resources. The Golden Point Project comprises 87 claims totalling 1,518 hectares in the Skeena Natural Resource Region (Liard Mining Division).

Michael Scholz, Director of CMC stated, "We are thrilled to have been able to acquire this new gold project in the heart of the Golden Triangle, which is one of the most thriving gold districts in the world. The renewed focus that the Golden Triangle has seen recently is encouraging to us as evidenced by the recent news from Garibaldi Resources and GT Gold. We are pleased to be able to add this property bordering Teck Resources to our portfolio and are eager to get to work on this project as soon as possible."

The Golden Point project is located some 15km west of Schaft Creek, and 25km NNE of Teck Resources Galore Creek project and is underlain by Upper Triassic volcanic rocks of the Stuhini Group. The Volcanics are locally intruded by tonalities of the Mid-Jurassic Three Sisters Plutonic Suite, Triassic quartz diorites. The Golden Point property features some historic work (recorded in the BC Minfile System) that has consisted of large scale mapping and some rock and soil sampling, including work by Gold Fields Canadian Mining Ltd. (1991) that returned 8,8g per tonne ("gpt) Ag, 4.5gpt Au and 0.43% Cu over a 30cm shear zone ('Scud showing') and earlier sampling by International Corona Corp. (1988, 89) which produced gold values up to 24gpt Au in grab samples from a small area of an exposed quartz vein stockwork ('Otis showing') rich in arsenopyrite. This new project was acquired by staking via MTOnline.

About CMC Metals.

11 October - CMC Announces Drill Results From Silver Hart Summer Drill Program
http://cmcmetals.ca/cmc-announces-drill-results-from-silver-hart-summer-drill-program/

Interesting excerpts from the PR:

Significant intervals were determined using a 300g silver equivalent cut-off grade calculated using the following assumptions: Ag $18/oz, Zn $1.20/lb, Pb $1.00/lb.

2010 Program
A diamond drill program was completed at the Silver Hart property in 2010. The assay results have been obtained from the laboratory, ALS Chemex, North Vancouver, B.C. and will be released shortly.

Michael Scholz, Director of CMC stated: “We now know we are in the right area in this world class mining district. The previous drill program confirmed that we are on the right track and we are currently formulating plans to continue drilling this project. We have recently met with a third party consulting group to engage in the design and subsequent ramp up of an underground mining operation, with the on-site mill and pad having already been completed.”

The property is located approximately 60km north of the Silvertip mine in BC. The Silvertip mine has been recently bought by Coeur Mining (NYSE: CDE) of Chicago, IL for initial consideration of approximately US$200 million, consisting of approximately US$146.5 million of cash, and approximately US$38.5 million of Coeur shares (approximately 4.3 million new shares) an assumption of US$15 million of existing debt (announced September 11 th, 2017).

Is Scholz still buying? I don't know how to find a list of insider trades.

Surprise surprise, drill results are nowhere to be seen 4 weeks later.

Company is pretty diligent in selling more shares, but only now is "approaching the government" about getting a bond.

The mill was supposedly the centerpiece of this company, yet they didn't bother looking into the issues needed to get it running until now?? Unlikely.

Sounds like this whole company is arranged around: delay, delay, delay.

Gold moving up higher. Received the following update a week ago.
- The Mill can be operational in a few weeks after posting the Bond
- Approached the government on terms of bond and waiting for their review.
- CMC is essentially in small scale production now, the next bulk sample will be for 1500 tons.
- Silver Hart drill results expected in 3 weeks
- We are working on an IR program to launch in the next week or so

GLTA

Looking pretty grim for this stock.

What do we want? GOLD PRODUCTION!!

1. ore mined from Radcliff
2. ore processed by Bishop Mill.

What do we get? DESK JOCKEY PUMPING

1. some stupid $500 website
2. a "filed application" for a secondary property

Looking more and more like a standard VSX scam.

New website is online: http://cmcmetals.ca/

Yukon "Silver Hart" Project Update (via TheNewswire) Vancouver, B.C. / TheNewswire / April 19 2017 - CMC Metals Ltd. (the "Company") is pleased to announce that it has filed an application for a Class 1 Exploration Permit with the Energy Mines and Resources Department of the Government of Yukon to continue exploration at its silver/lead/zinc Silver Hart Property for the coming season beginning in June. The Company holds a 100% interest in the Silver Hart, situated approximately 132 km west of the Town of Watson Lake in south-central Yukon, Canada. Consisting of 126 claims (2,200 ha), the Property is located 43 km north of the Alaska Highway. Power Grid transmission lines run within one kilometer of the Property. The Silver Hart is thought to be similar to the Bellekeno deposit located in the Keno Hill mining camp in central Yukon, and which is characterized by high grade silver mineralization. Only a small proportion of the area comprising the CMC claims has been explored on surface, offering potential for further discovery. Historic work by CMC and previous owners has identified at least seven zones of mineralization, four of which are considered 'significant' expressions of mineralization (please refer to the Technical Report described below). Some 673 meters of underground workings, 20 trenches and over 8,000 meters of drilling have been completed on the Silver Hart Property. The Company has spent approximately CAD $7 Million on exploration, and a substantial camp has been established on the Property. The most recent work carried out by the Company at Silver Hart was in 2011-2013, before the Property was placed on care and maintenance during 2013 owing to substantially softened commodity prices and weak equity markets. Prior to the cessation of activity the Company recovered three bulk samples, the products of which (513.5 tonnes) were shipped to China and collectively sold for approximately USD $1 Million. The payments excluded credits for the lead and zinc contained in the shipments, as the Company was paid only for the silver credits. Throughout the period of inactivity, the Silver Hart Project had been kept on care and maintenance while the Company focused resources on its U.S gold assets in California. Now that commodity prices for silver, lead and zinc have firmed significantly over the last two years, the Company is planning to become re-engaged in the area with a 2017 exploration and drilling program on the Property. Over the past few years the Company was directed to complete site reclamation work at the Silver Hart Property, and to remove its camp. Failure to do so has resulted in charges being issued under the Yukon Quartz Mining Act. The Company has retained legal counsel to defend the charges, and has advised the Yukon Government of its scheduled exploration program, which includes plans to drill along strike of known mineralization. Since more exploration will be carried out on the Property this summer, the Company does not intend to complete the site reclamation work. A review of previous historic work and the results of some initial resource estimates for Silver Hart are available on SEDAR in a 'TECHNICAL REPORT ON THE SILVER HART PROPERTY, (Watson Lake Mining District), Yukon, Canada' by authors with Dahrouge Geological Consulting Ltd. of Edmonton, AB and dated January 2010. Please note: there is no current feasibility or pre-feasibility study for the Silver Hart Property. A qualified person has not done sufficient work to classify any historical estimate as current mineral resources or mineral reserves; the Company is not treating the historical estimate as current mineral resources or mineral reserves, and the historical estimate should not be relied upon as an indicator of future resource or reserve potential. On behalf of the Board: "Michael C. Scholz"_______________ Michael Scholz, Director CMC METALS LTD.

IMO all a website is "needed" for is to convince new investors to buy into a project.

Are you saying that this company needs more outside investment?

You are very funny, patience is wearing thin for almost everybody. Nevertheless we will see some positive news soon in my opinion. The update of the website is a rather small thing but definitly needed. Lets hope for the best.

Bad weather sounds like "The dog ate my homework". My patience is wearing thin.

I don't care about website, I care about results.

If this company is more concerned with setting up a website then processing gold, then that's a bad sign.

Apparently there were bad weather issues. Their updated website will be online on the 18 April next week. I expect positive news soon thereafter. We might have a winner here, the long waiting I believe may soon be over...

Where's this production that was supposed to start 2+ months ago?

CMC has hit the jackpot so to speak. They have sold their 300,000 shares of MGX Minerals at around $2 for $600,000. Now they have sufficient funds available to start production.

Background press release 19 Oct 2016
"The Company further wishes to announce it has received 300,000 shares from MGX Minerals Inc. (“MGX”) pursuant to an agreement announced July 19, 2016 for the lease of the Silver Hart portable millby MGX for a period of 6 months. Upon completion of the term of the lease, the Plant will be shipped to the Company's operations in California, USA."

Finally Jack Bal is history and the company is still alive. Scholz is buying shares in the open market. Hopefully good things to come. We might be a producer within the next couple of months.

Glad to see Bal is more or less "out" and Scholz is running the show now. I still like these guys even though they've been a major disappointment the last three years.

Maybe these guys are about to (finally) realize some of the potential that's been there for so long. Hope so.

Happy holidays season to everyone. Looks like Scholz is still bying shares in the open market. Does anyone have information on things to come?

NEWS: Radcliff Joint Venture Starts Shipping Material to Midas Mill
CASH FLOW COMMENCES, MARKET CAP LESS THAN $5MM!

Vancouver, B.C.: CMC Metals Ltd. (the "Company") 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 commenced shipping material to the Klondex Mines Operations Inc. ("Klondex") Ore Processing Mill at Midas mine, situated in Elko County, NV, under a 'test batch' arrangement. The renewable agreement for purchase and sale of gold ore allows for Klondex to process up to 6,000 tons of oxide-dominated gold-bearing rock, in batches of 1,500 tons. The agreement allows for an initial smaller test batch of Radcliff mineralized rock to be treated (approximately 500 tons).

The Company's business plan is to selectively mine "high grade" portions1 of an indicated resource at the Radcliff, with run-of-mine grade calibrated sub-sampling of mined material at the run-of-mine sub-sampling plant located at the 5510-level portal. Sampled material is submitted to an off-site laboratory.

1 The presence of "high grade material" at Radcliff is documented in the NI43-101 compliant technical report filed on SEDAR. The mineral resources as stated January 9, 2013, remain current mineral resources.

Since the release of October 4, 2016, PBI has taken six production rounds (estimated to total about 232 short tons ["tons"] and two slash rounds [estimated at 24 tons]). Of the material mined, four of the rounds have returned production estimate sample assays that meet the criteria for shipping. Material not qualified for processing at Midas will be stockpiled for processing at the Company's Bishop Mill facility, in anticipation of completion of the bond arrangements with the California Regional Water Quality Control Board in Lahontan, CA. The Mill is being refurbished for commencement of operations in Q1, 2017.

CMC President, Ian Graham commented: "The first shipment of material to Klondex is a major achievement for the Company. Cash flow from the shipment will be used to increase production in anticipation of final permitting at the Company's 100% owned Bishop Mill."

The Company further wishes to announce it has received 300,000 shares from MGX Minerals Inc. ("MGX") pursuant to an agreement announced July 19, 2016 for the lease of the Silver Hart portable mill by

MGX for a period of 6 months. Upon completion of the term of the lease, the Plant will be shipped to the Company's operations in California, USA.

On behalf of the Board:

"Michael Scholz"
___________________________________
Michael Scholz, Director
CMC METALS LTD.

For further information on the Company, please contact Mr. Jack Bal, CEO, Telephone: 604-306-5285 jackbalyvr@gmail.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

"This news release includes certain statements that constitute "forward-looking information" within the meaning of applicable securities law, including without limitation, statements that address the timing and content of upcoming work programs, geological interpretations, receipt of property titles and exploitation activities and developments. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks, including the ability of the Company to raise the funds necessary to fund its projects and, accordingly, may not occur as described herein or at all. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Readers are referred to the Company's filings with the Canadian securities regulators for information on these and other risk factors, available at www.sedar.com. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation."

CMC METALS RESEARCH REPORT

Found on www.juniorminingpro.com

CMC Metals Ltd. (CMB:TSX Venture)
Shares Outstanding: 34,545,819
Options: 1,000,000
Warrants: 3,745,000
Fully Diluted: 39,290,819
Share Price (09/12/16): $0.11

CMC Metals (CMB:TSX Venture Exchange) is an emerging Canadian junior mining company, which we believe is on the verge of a major upward move in the short term.

CMC’s strategy is to acquire and develop past producing mines, then rehabilitate and put them back in production, thus generating dilution-free cash flow for shareholders.

The company currently has two advanced projects in it’s portfolio – The Radcliff mine in Southeastern California, and the Silver Hart mine in the Yukon, near B.C.’s border. Both mines come with similar fundamentals, in that they were both highly profitable during the time they were active. The mines were shut down decades ago due to extremely low gold and silver prices, and have since been abandoned.

With the recent major resurgence in precious metals prices, Radcliff and Silver Hart are once again looking like attractive opportunities for a savvy management team to develop and exploit.

If you have been paying attention to the resource sector, particularly gold and silver exploration and mining companies, you will have noticed hundreds of companies have seen their share prices surge 100%, 200% and up to 1000% in many cases.

We are very interested in CMC Metals as it has been largely overlooked by the investment community, and major upside still remains.

Early this year the company started a restructuring process, positioning itself for future success. Shares were rolled back 7 for 1 in February, followed by a $1,550,000 private placement at 0.10/share in June. 30% of the financing was subscribed for by insiders, revealing their confidence in the direction which the company is headed.

Following the financing, management was quick to move forward with rehabilitation of both mines, while also working diligently on putting their 100% owned Bishop Mill (close to the Radcliff mine) into operation.

Over the past few years, CMC has been able to realize approximately $1 million in revenue by processing stockpiled ore from past operations. Fast forward to today, with the recent restructuring, financing and progress on both mines, as well as Bishop Mill, we foresee a rare opportunity for investors to ride the wave of success as CMC moves toward realizing positive cash flow from all operations.

The Radcliff Mine currently features a total resource of 300,000 oz Gold at an average grade of 3 g/t (an attractive grade for open pit). Approximately 84,000 oz of gold (valued at $101 million USD @ $1,200 Gold) are located in high grade “gold pods” within this deposit, averaging 22 g/t! The immediate plan is to extract high grade ore from the first gold pod, which contains about 24,000 ounces of gold in 22,000 tons of rock. This is anticipated to take 1.5 years to complete, generating nearly $30,000,000 in revenue at $1,200/oz gold. The other gold pods are nearby (100-150m from pod #1), and will be mined out following completion of Pod #1.

Additionally, CMC is actively in the process of restarting their 100% owned Bishop Mill. Once operational, the company plans to generate further revenue via toll processing ore from surrounding local mining operations.

Our own paper napkin estimates show that Radcliff, together with Bishop Mill, can potentially generatie $16 million USD/year to CMC for the next 4 years.

Outlook for Gold



The case for a bullish outlook on gold is stronger than it’s been in decades. Not a week goes by without a giant hedge fund manager warning about dangers in the global economy. Warren Buffet has more money outside the markets than ever before in his five decades at the helm of Berkshire Hathaway. Geopolitical tensions around the world are increasing.

Not since 1999 and not since 1929 before that, have so many billionaires, central bankers, financial elites and fund managers, warned that we are on the verge of a catastrophic bust.
Joe Baratta, Blackstone Group LP’s top private equity deal maker, admits at a WSJ conference this week, “You have historically high multiples of cash flows, low yields. I’ve never seen it in my career. It’s the most treacherous moment.”

Any one of dozens of geopolitical or financial triggers can set off a massive run on physical gold, causing a historic rise in its price. It is certainly within the realm of possibility, even probability, to see gold trade above $2,000/ounce within 12 months.

Our financial estimates for CMC Metals’ Radcliff project use $1,200/ounce gold as a basis for calculations. When the price of gold starts running, we anticipate shares of CMC Metals are going to make a parabolic run.

Technical Analysis

CMC Metals is still a relatively unknown junior mining company. However the chart shows a very bullish pattern, as volume average has increased while keeping the share price bouyed and rising. Once the mid-teen pricing has been cleaned up by new investors, we anticipate shares in CMB will make a strong move upwards as mining operations begin and cash flow commences.



We encourage all potential investors to further their research through the company’s website.

Another 106k Shares Insider Buying

Jack Bal and Michael Scholz bot 56,000 and 50,000 shares respectively in the past 2 days.

Ole Jacky doesn't have the best rep on this board, it appears, however from what I'm hearing it's Mr. Scholz that is running the show... he is the one who owns approx 20% of the shares in the company.

I think Scholz is taking the reigns here and will get things done this year. Hence the change of pace in the market... it's definitely a lot more chipper since Scholz has stepped up. Keep in mind, Michael was one of the founding directors of the $700 million Great Canadian Gaming Corp - he's a sharp guy, legal council, and an adept business man.

Follow the money...

Volume Average Increased Every Month

Volume average has increased every month since April 2016.
Since the consolidation, there has been an ongoing clean up of loose stock.
This month has seen another considerable jump in daily volume average, and the share price is holding steady in spite of the recent pullback in the price of gold.

Conversely, most junior mining and exploration companies that have had a significant run this year have pulled back considerably! CMC is weathering the sell-off storm and pushing higher...

This is an extremely bullish indicator. Once the mid-teen level is cleaned up, I think we're in for an epic run.

Hang in there.

Stock chart is screaming "BUY".

I don't see anything negative about this, folks.
All the stars are aligning, we're not in 2014 anymore. The restructuring is complete, the company is financed, permits are in place, staff on site... This is a buy in my 27 years of experince opinion.

The Intro page on this company is sorely outdated. I suggest all current and potential investors check out the following reports to get you up to speed on where the company is in terms of it's business plan.

http://www.juniorminingpro.com
http://www.rockstone-research.com/index.php/en/research-reports/46-CMC-Metals-Ltd.-Ready-to-Mine-Bonanza-Gold-Grades-in-California

In summary, in the past year the company has consolidated it's shares 7:1, followed by a $1.5 million financing at 0.10/share in which 30% was subscribed for by insiders (primarily Michael Scholz, who I see as the driving force behind this deal, not Jack Bal).

In the past year, CMC has rehabilitated their Radcliff Mine in California, and passed all safety and regulatory inspections. The site is staffed and ready to start mining high grade stockpiled ore.

We are looking at 300,000 oz of gold, of which 84,000 oz will be mined immediately ($101,000,000 USD gross value @ $1,200 gold). Ore will be shipped to the Company's 100% owned Bishop Mill for processing.

Insiders are actively buying in the open market. The stock chart is very bullish (on the TSX Venture Exchange:CMB, where it's more active). Mining operations are about to launch.

We have a tiger by the tail here, folks. CMC Metals is about to take off. I see a lot of frustrated investors who have been waiting years for the show to get on the road... unfortunately that's a part of the game. For us new investors, we've arrived at a perfect time.

Actively loading up for myself.

News Release - Tuesday, October 04, 2016
Radcliff Joint Venture reports initial production in mineralized zone.

Vancouver, B.C.: CMC Metals Ltd. (the "Company") 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, have increased staffing and commenced routine mining. The JV previously announced September 1, 2016 the Company announced an agreement for toll milling of gold ore with Klondex Mines Operations Inc. ("Klondex"). The renewable agreement for purchase and sale of gold ore allows for Klondex to process up to 6,000 tons of oxide-dominated gold-bearing rock, in batches of 1,500 tons, at its ore processing mill at the Midas mine, situated in Elko county, Nevada. The agreement allows for an initial smaller test batch of Radcliff mineralized rock to be treated (approximately 500 tons). With an estimated 160 short tons ("tons") of development material existing at Ballarat camp, a further estimated 100 tons has been extracted and located at the Ballarat camp under the new routine mining regime, where the Company is equipping a loading station and commencing operations with a new download truck in preparation for shipping to Midas; the JV plans to commence trucking on or about October 15th. Material not qualified for processing at Midas will be stockpiled for processing at the Company's mill at Bishop California.

In the period since September 1, 2016, the JV has commenced a series of site modifications to ensure compliance with certain 'Cal OSHA' (California Occupational Safety and Health Administration) requirements in addition to the MSHA requirements previously reported. These requirements arise from a recent OSHA site visit in preparation for routine operation.

The Company's business plan is to selectively mine "high grade" portions1 of an indicated resource at Radcliff, with run-of-mine grade calibrated sub-sampling of mined material at the run-of-mine sub-sampling plant located at the 5510-level portal. Sampled material is submitted to an off-site laboratory.

1 The presence of "high grade material" at Radcliff is documented in the NI43-101 compliant technical report filed on SEDAR. The mineral resources as stated January 9, 2013, remain current mineral resources.

In parallel with the work at the Radcliff Mine, the Company is staffing to allow re-start of operations at its 100% owned Bishop Mill in Q1 2017. Work towards the implementation of a bond arrangement acceptable to the California Regional Water Quality Control Board - Lahontan region before year-end has commenced to allow the use of the Company's lined tailings impoundments facility. The Company is contracting to install vadose zone monitoring equipment adjacent to the facility, and has placed purchase orders for all major equipment for mill completion by year-end. The Mill is expected to process materials from the Radcliff mine, and other regional mineralized occurrences.

CMC President, Ian Graham commented: "The steady ramp-up at Radcliff is resulting from the sequential implementation of equipment and training of new staff: in parallel, compliance with multiple state regulators is a priority for allowing steady-state operations to commence."

The Company further wishes to announce that it has granted 550,000 common shares pursuant to incentive stock options under the Company's Rolling Stock Option Plan, which Plan received shareholder approval at its last Annual General Meeting held July 7, 2016. The options granted will be set for a two year period expiring October 4, 2018 at the exercise price of $0.125 per share. This transaction is subject to TSX Venture Exchange approval.

The Company further wishes to announce the cancellation of 321,428 common shares at $0.35 (post-consolidation), to certain directors of the Company, which options were originally set to expire on April 15, 2017.


On behalf of the Board:

"Michael Scholz"
Michael Scholz, Director
CMC METALS LTD.

If we are lucky CMC will soon be a producer...

GLTA

sorry you're dreaming, wake up and see reality ...

http://www.321gold.com/editorials/moriarty/moriarty022516.html

Thanks Renee.

Have you heard any rumors that C M C may be??? acquired by Lake Shore Gold? Or, did I just dream that???

CMCXF one for 7 reverse split:

http://otce.finra.org/DLSymbolNameChanges

Jack Bal pulling dirty tricks again: Rollback...

Vancouver, B.C. / TheNewswire / February 10, 2016 - CMC Metals Ltd. (the "Company") wishes to announce that it will be proceeding with a rollback of its issued and outstanding common shares on a seven (7) old for one (1) new basis subject to TSX Venture Exchange (the "Exchange") approval, with an effective date of February 11, 2016. The Company received Shareholder approval to a consolidation at its Annual General Meeting held June 18, 2015, where, at that time, Shareholders granted authorization to the Board of Directors of the Company, at their discretion, the right to consolidate the Company's shares as they deemed fit and upon acceptancy of the Exchange.

Upon completion of the rollback, the Company will be conducting a private placement of up to 10,000,000 Units at $0.10 per Unit, each unit consisting of one common share and one transferable share purchase warrant. Two warrants will be exercisable for one additional common share at $0.12 per share for a two year period. The proceeds derived from the total 10,000,000 Unit placement will be used towards our ongoing costs associated with the further development of the Company's Bishop Mill and Radcliff Property projects held in the US. In excess of 50% of funds raised will come from insiders of the Company. A finder's fee may payable in relation to this private placement and the same is subject to Exchange approval.

The Company also wishes to announce an update on the Bishop Mill and Radcliff Mine projects. The Radcliff Mine is a fully permitted mine with ore stockpiled and waiting processing. The Company's initial plan was to ship ore to a local smelter but agreeable terms have not been achieved. The Company's plan is to make the Bishop Mill operational within the next 90 days and commence processing material from the Radcliff Mine.

To date, the Company has upgraded the mill to MSHA standards, installed an assay lab and a new lined tailings pond. To complete the mill, bird netting will be installed and a vadose zone well drilled. In addition, the Company has engaged Donald Wedman, P.Eng. to complete the remaining tasks and make the Bishop Mill operational to accept ore from the Radcliff Mine.

On behalf of the Board:

"Jack Bal"

happy new year fellow bagholders, CMB just another venture screw job, promise everything, deliver nothing, just my .02 cents Canadian

Hopefully Jack Bal will be shown the door soon. This is inevitable as he does not get the job done. He is a waste of time!!

Our President is a joke. He never seems to stay true to his words. We should have been producing Gold since December 2014. Just look at the website...

sounds like he was forced out, this is off of SEDAR

Change in Board of Directors Vancouver, B.C.: CMC Metals Ltd. (the Company) is pleased to announce that David Nairne and Azim Virani have agreed to join its Board of Directors. Mark Gunderson has agreed to resign. Both Messrs. Nairne and Virani are experienced businessmen and bring to the Company years of experience in funding companies operating in the United States.

Why would you do that right before getting into production?

false alarm, a board director left and cashed out his shares.

Very...

interesting, 3.2 M volume so far today

still holding, this from the stockhouse board today,
email from Jack Bal .... "Email from JB We have filed our paperwork for the mill and have to just file the bond. We are also very close to completing a contract with a smelter to ship ore directly from the mine."