Northwire Canada EditionWednesday, September 2, 2026
Northwire
GOLD 4396.40 −1.9% SILVER 65.37 −2.4% COPPER 6.53 −2.3% OIL 90.22 +5.2% PALLADIUM 1320.00 −4.2% LSTR 0.065 −7.1% ERO 48.38 −6.2% AAN 0.530 +1.9% EDDY 0.080 +0.0% TNGD 7.50 −1.1% WPM 201.40 −3.6% CAN 0.075 +0.0% CCM 0.630 +1.6% PGX 0.030 +0.0% ALGR 0.600 −4.8% SGN 0.355 +0.0% BTO 7.22 −5.0% LA 12.86 −3.3% LMG 0.470 +0.0% APN 0.015 +0.0% CYG 0.175 +2.9% GOLD 4396.40 −1.9% SILVER 65.37 −2.4% COPPER 6.53 −2.3% OIL 90.22 +5.2% PALLADIUM 1320.00 −4.2% LSTR 0.065 −7.1% ERO 48.38 −6.2% AAN 0.530 +1.9% EDDY 0.080 +0.0% TNGD 7.50 −1.1% WPM 201.40 −3.6% CAN 0.075 +0.0% CCM 0.630 +1.6% PGX 0.030 +0.0% ALGR 0.600 −4.8% SGN 0.355 +0.0% BTO 7.22 −5.0% LA 12.86 −3.3% LMG 0.470 +0.0% APN 0.015 +0.0% CYG 0.175 +2.9%
Production / Operations

CMX Engages IBN

CXC · Price

Executive Summary

  • CMX Gold & Silver Corp. entered a one‑year corporate communications agreement with IBN to expand its investor awareness program, paying a base fee of $3,000 USD per month ($36,000 total).
  • The company outlined plans for a comprehensive 2026 geophysical survey (3‑D DCIP and MT) over its 100% owned Clayton Silver Project in Idaho, with follow‑up diamond drilling to test priority targets.
  • Historical data highlight significant past production (≈7 M oz Ag) and recent drill intercepts confirming mineralization below historic workings, underscoring the project's exploration potential.

Key Details

  • Corporate Communications Agreement
  • Parties: CMX Gold & Silver Corp. and IBN (independent contractor).
  • Term: One year starting 31 Dec 2025; may be extended by mutual agreement.
  • Compensation: Base fee of US$3,000 per month; total US$36,000 for the year, with possible additional fees for supplemental services.

  • Clayton Silver Project Overview

  • Location: Bayhorse Mining District, central Idaho (≈30–40 km SSW of Challis).
  • Land package: 1,028 acres – 29 patented mining claims, 2 patented mill sites (≈562 acres), and 20 unpatented claims (≈466 acres).
  • Ownership: 100% owned by CMX; patented claims carry no government royalties and require no drilling permits.

  • Planned 2026 Exploration Program

  • Geophysical work to commence in spring 2026, including:
    • 3‑D Direct Current Induced Polarization (DCIP) survey.
    • Magnetotelluric (MT) survey.
  • Objectives: Delineate known structures, identify extensions of partially mined ore bodies, evaluate deeper mineralization zones.
  • Follow‑up: Diamond drilling on priority targets identified from geophysical results.

  • Historical Production & Recent Findings

  • Historic mine operation (1935–1986) produced ≈7 M oz silver plus lead, zinc, copper, and minor gold from ~2.15 Mt of ore.
  • Underground development reached eight levels to 1,100 ft with ~19,700 ft of workings; partially mined South and North Ore Bodies.
  • Notable drill hole 1501‑A intersected 22 ft of high‑grade polymetallic mineralization at ≈1,425 ft depth, confirming continuity below deepest historic workings.

  • Qualified Person Review

  • Technical information reviewed and approved by Richard Walker, M.Sc., P.Geo., a Qualified Person under NI 43‑101 (independent consulting geologist).
  • Historical data cited are not NI 43‑101 compliant but sourced from records deemed reliable by the company.

Notable Quotes

  • “The expanded marketing program and upcoming geophysical work position CMX to unlock further value at our flagship Clayton Silver Project,” – Jan M. Alston, President & CEO.
Read the original news release →

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