CMX Gold & Silver (TSX-V:CXC) has appointed Rick Walker as vice president (VP) of exploration as it prepares for its first-ever geophysical program at the Clayton Silver Project in Idaho, US.
Walker has served as CMX’s consulting geologist for the past 10 years and completed a comprehensive analysis of historical data for the historic Clayton silver mine in the Bayhorse mining district.
He holds a Bachelor of Science in geology and a Master of Science in geology from the University of Calgary, and brings over 35 years of field experience across Canada, the US, and South America.
CEO Jan Alston says Walker’s appointment ‘strengthens’ the executive leadership team ahead of upcoming exploration activities.
“His professional experience will support development of the Clayton Silver Project as the company conducts the first-ever geophysical program over the property, to be followed up with an extensive drilling program,” Alston says.
CMX intends to conduct a comprehensive geophysical program over the historic mine and surrounding structures. The program includes a 3D direct-current induced polarisation survey and a magnetotelluric survey to delineate known and new vein structures, identify extensions of partially mined orebodies, and evaluate deeper mineralisation sources.
Diamond drilling will then follow to test priority targets.
The Clayton Silver Project covers around 416 hectares in central Idaho, comprising 29 patented mining claims and two patented mill sites covering approximately 227.4 hectares, alongside 20 unpatented claims spanning roughly 189 hectares.
The mine operated from 1935 to 1986, producing roughly 7 million ounces of silver plus lead, zinc, copper, and minor gold from an estimated 2.15 million tonnes of ore.
CMX Gold & Silver is a Canadian junior explorer and developer focused on acquiring and developing precious and base metal assets in the US.
Write to Paula Fabe at Mining.com.au
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