CMX Gold & Silver Corp. Advances Geophysical Exploration at Clayton Silver Property in Idaho

March 6th, 2026 8:32 PM
By: Newsworthy Staff

CMX Gold & Silver Corp. is preparing a comprehensive geophysical program at its Clayton Silver Property in Idaho, which aims to delineate known structures, identify extensions of partially mined ore bodies, and evaluate deeper mineralization sources to advance exploration of the historic mine.

CMX Gold & Silver Corp. Advances Geophysical Exploration at Clayton Silver Property in Idaho

CMX Gold & Silver Corp. (CSE: CXC) (OTC: CXXMF), an exploration-stage company, is advancing its flagship Clayton Silver Property in Idaho with plans for a comprehensive geophysical program this spring. The program will include a 3-D Direct Current Induced Polarization survey and a Magnetotelluric survey to delineate known structures on the property. These surveys are critical for identifying extensions of the partially mined ore body, locating potential new ore bodies, and evaluating deeper sources of mineralization. Follow-up drilling is planned to test priority targets identified through this geophysical work.

The Clayton Silver Property, located in the mining-friendly state of Idaho, comprises approximately 684 acres in Custer County, including the former Clayton silver-lead-zinc mine. The mine was developed on eight levels to a depth of 1,100 feet below surface, with approximately 19,690 feet of underground development. Two major ore bodies, the South Ore Body and the North Ore Body, were partially mined historically. The upcoming geophysical program represents a strategic step in CMX's exploration strategy to fully assess the property's potential.

This advancement matters because it demonstrates CMX's commitment to systematic exploration of a historic mining district with proven mineralization. The use of modern geophysical techniques like DCIP and MT surveys can provide detailed subsurface imaging that was not available when the mine was originally operated. Successfully identifying extensions of known ore bodies or discovering new mineralization zones could significantly enhance the project's economic viability and resource potential.

The implications of this announcement extend to investors and the mining industry, as it shows CMX's methodical approach to de-risking the project through technical work before committing to more expensive drilling programs. The company's news and updates are available in its newsroom at https://ibn.fm/CXXMF. The comprehensive geophysical program, as discussed in an article that can be viewed at https://ibn.fm/Yf02C, represents a critical phase in understanding the property's geology and mineralization controls.

For the mining sector in Idaho, this exploration activity contributes to ongoing development in a region with established mining infrastructure and favorable geology. The Clayton Mine's historical production combined with modern exploration techniques creates opportunities for resource expansion and potential economic development in Custer County. CMX's work at Clayton Silver Property follows industry best practices for advancing exploration projects from historical mining areas to modern resource evaluation.

Source Statement

This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,

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