CMC Metals Ltd. (CMCXF)

[BMGS]

Shouldn't we already be producing?
July 18, 2013
Bishop Process Facilities Update
Also, the Company would like to announce that it is completing the final transfer of the required Reclamation Bond of $191,269 US to be held by the Bureau of Land Management for the Bishop Mill Site. Once the bond is in place, construction activity will begin. The schedule for construction will entail the earthworks for the tailings impoundment that will take an estimated 4 weeks, installation of the liner system that will take an estimated 1 week, facility upgrades and testing will take an estimated 4 weeks. Current mill capacity is 50 tons per day. As part of the upgrades, we are increasing the capacity to 100 tons per day. Prior to the commissioning, we will have a minimum of 500 tons of Radcliff ore delivered to the site for pre-production testing of the facilities.