(TheNewswire)
May 19, 2022 – TheNewswire - CALGARY, ALBERTA – CMX Gold & Silver Corp. ( CSE:CXC ) ; (CNSX:CXC.CN); ( OTC:CXXMF ) (“CMX” orthe “Company”) announces that it has retained the services of DigMedia Inc., doing business as Investing News Network (“INN”) foran investor marketing and advertising campaign. INN will provideon-line marketing, advertising and investor awareness services to theCompany for the purposes of informing investors about CMX andactivities on its 100%-owned Clayton Silver Project in Idaho, USA. The contract with INN is for a twelve-month digital media campaignat a monthly cost of $6,000 that ends on April 25, 2023.
INN is a private company headquartered in Vancouver,Canada, dedicated to providing independent news and education toinvestors since 2007. The on-line awareness campaign is intended tohelp investors discover and learn more about CMX. The campaign willonly provide investors with previously disclosed factual informationconcerning CMX. Investors are encouraged to fully review all of theCompany’s publicly available disclosure filings, which are availableon SEDAR or CMX’s website: www.cmxgoldandsilver.com .
Effective May 19, 2022, CMX has changed its registrarand transfer agent for its securities to Olympia Trust Company ofCalgary, Alberta.
About the ClaytonSilver Project
CMX's major asset is the 100%-owned Clayton SilverProperty located in the mining-friendly State of Idaho, USA. Theproperty comprises approximately 684 acres in Custer County insouth-central Idaho, including the former Clayton silver-lead-zincmine. The Clayton Mine was developed on eight levels to a depth of1,100 feet below surface and is comprised of approximately 19,690 feetof underground development. Two major ore bodies were partiallymined: the “South Ore Body” and the “North Ore Body”.
The recorded production from the Clayton Mine included7,031,110 oz silver, 86,771,527 lbs lead, 28,172,211 lbs zinc,1,664,177 lbs copper, and minor amounts of gold from an estimated2,145,652 tonnes of ore mined between 1934 and 1985. Very littleexploration has been carried out previously on the Clayton SilverProperty. Significant potential is demonstrated in hole 1501-A,drilled in the mid-1960’s, which penetrated the mineralized zone at1,425 feet. At that depth, the hole intercepted 22 feet of 4.07 ozAg/t, 5.75% lead and 5.37% zinc (note: true width is unknown).
The CSE has notreviewed and does not accept responsibility for the adequacy oraccuracy of this news release.
For furtherinformation contact:
Jan M. Alston, President & C.E.O. at (403) 457-2697 janalston@cmxgoldandsilver.com ;
Robert d’Artois at (604) 329-0845 bobdartois@cmxgoldandsilver.com .
You can also visit the Company’s Website : www.cmxgoldandsilver.com
WARNING : theCompany relies upon litigation protection for "forwardlooking" statements. The information in this release may containforward-looking information under applicable securities laws. Thisforward-looking information is subject to known and unknown risks,uncertainties and other factors that may cause actual results todiffer materially from those implied by the forward-lookinginformation. Factors that may cause actual results to vary materiallyinclude, but are not limited to, inaccurate assumptions concerning theoperations of the Company, changes to securities regulationrequirements, other changes in laws or regulations, unanticipatedrisks of the COVID-19 pandemic crisis, changes in general economicconditions or conditions in the financial markets and the inability toraise additional financing. Readers are cautioned not to place unduereliance on this forward-looking information. The Company does notassume the obligation to revise or update this forward-lookinginformation after the date of this release or to revise suchinformation to reflect the occurrence of future unanticipated events,except as may be required under applicable securities laws.
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