CMX Gold & Silver Corp. Focuses on Modern Exploration of Historic Clayton Silver Mine

February 19th, 2026 8:45 PM
By: Newsworthy Staff

CMX Gold & Silver Corp. is advancing the historic Clayton Silver Mine in Idaho, which was mined for over five decades but never systematically explored with modern techniques, presenting significant untapped potential.

CMX Gold & Silver Corp. Focuses on Modern Exploration of Historic Clayton Silver Mine

CMX Gold & Silver Corp. (CSE: CXC) (OTC: CXXMF) is advancing the historic Clayton Silver Mine in Idaho, a past-producing underground operation with a long operating history and significant remaining exploration potential. The company holds a 100% interest in the project through its wholly owned U.S. subsidiary and has positioned the asset as its sole operational focus, allowing management to concentrate technical, financial, and strategic efforts on a single, well-documented silver system.

Clayton was mined for more than five decades but was never systematically explored using modern geophysical or drilling techniques. Historical operators followed known mineralization to supply a relatively small mill and did not pursue broader resource definition or deeper targets, leaving substantial portions of the mineralized system only partially mined or entirely untested. CMX has compiled extensive historical records and mine data that now form the foundation for a modern reassessment of the property.

The property comprises approximately 684 acres in Custer County in south-central Idaho, including the former Clayton silver-lead-zinc mine. The Clayton Mine was developed on eight levels to a depth of 1,100 feet below surface and is comprised of approximately 19,690 feet of underground development. Two major ore bodies, including the South Ore Body and the North Ore Body, were partially mined.

The company's focus on this single asset in a mining-friendly jurisdiction like Idaho represents a strategic concentration of resources that could unlock value through modern exploration methods. The latest news and updates relating to CMX Gold & Silver Corp. are available in the company's newsroom at https://ibn.fm/CXXMF. The full article discussing why CMX Gold & Silver Corp. is one to watch can be viewed at https://ibn.fm/M8l4n.

This development matters because it represents a shift from historical mining practices to systematic modern exploration at a well-documented silver system. The implications include potential resource expansion through untested areas and deeper targets that previous operators overlooked. In an industry where discovery costs are rising, revisiting past-producing mines with modern techniques can offer a lower-risk path to resource growth.

The concentration on a single asset allows for focused allocation of capital and technical expertise, which could lead to more efficient exploration outcomes. For investors, this represents a pure-play opportunity on silver exploration in a jurisdiction with established mining infrastructure and favorable regulations. The historical data provides a valuable foundation that reduces geological risk compared to greenfield exploration projects.

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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