Disseminated on behalf of CMX Gold & Silver Corp. (CSE: CXC) (OTC: CXXMF) and may include paid advertising.
CMX (CSE: CXC) (OTC: CXXMF), an exploration-stage company, is moving forward with the exploration of its flagship Clayton Silver project in Idaho. The 1,028-acre property holds 29 patented mining claims, 2 patented mill sites, and 20 unpatented claims. “The mine once ranked as the most active underground mine in the district, producing silver, along with lead, zinc, minor gold, and copper. However, the Clayton mine was never fully explored. It was only mined along a single vein because no more ore was needed for the small mill operation. But the site represents a dolomite limestone deposit, uplifted when the mountains were formed. Geology suggests a high probability that there are other undiscovered cracks in the overall deposit, cracks into which geothermal fluids would have flowed and deposited minerals, just as they were in the original producing vein. As a result, the company sees it as highly improbable that the single partially mined vein was the only silver vein there.”
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About CMX Gold & Silver Corp.
CMX’s 100%-owned Clayton Silver Property is located in the mining-friendly state of Idaho, USA. The property comprises approximately 684 acres in Custer County in south-central Idaho, including the former Clayton silver- lead-zinc mine. The Clayton 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, including the “South Ore Body” and the “North Ore Body,” were partially mined.
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