CMC Metals Ltd. announced that drilling has commenced at its Silverknife Property, north-central British Columbia, Canada. The program will comprise of an initial 3,000 meters focused on exploring recent discoveries identified as gravity anomalies in the northernmost portion of the Silverknife Project. Approximately 10-12 holes will be completed reaching depths of up to 400 meters, with projections of mineralization to be encountered at depths of between 50-75 meters from surface.

Silverknife is located immediately adjacent to the west of the Silvertip Mine owned by Coeur Mining Ltd. ("Couer"). Silvertip is one of the highest-grade underground carbonate replacement ("CRD") silver-lead-zinc deposits in the world. Coeur have recently announced several new discoveries in the Silvertip area, a new mineralization model, and have postulated that Silvertip is likely The resources at Silvertip a small part of a larger mineralizing system and that they have identified evidence that the resources outlined to date (at the immediate SilverTip area) are only one of several potential mineralizing spokes.

Recent indications of the presence of critical minerals such as germanium, gallium and indium in the Silvertip area are encouraging. CMC will therefore be testing any mineralized core in this drill program as well the company will be testing previous core and surface samples at Silver Hart for these critical minerals.