Disseminated on behalf of CMX Gold & Silver Corp. (CSE: CXC) (OTC: CXXMF)and may include paid advertising.
- CMX’s Clayton Silver Project in Idaho is a historic mine that produced silver, zinc, copper, lead, and gold between 1935 and 1986
- Due to the small scale of mining operations, the Clayton ore bodies were never fully mined, while mined material at grades considered too low was left unprocessed, creating a stockpile
- The stockpile and the unexplored mine represent significant exploitation potential for the company
- CMX plans to install an ore-sorting system on site to process the stockpile, which potentially holds 1,000,000 tons or more of mineralized material
- The company is also implementing a work program that includes site preparation, geophysical survey, drilling and staking, to help assess the full potential of the underground resource
Silver is widely used in industrial and non-industrial applications, from the manufacture of electronics, water purifiers, and photovoltaics to jewelry and silverware. The panoply of use cases created a demand of 1.13 billion ounces in 2025, according to the Silver Institute’s World Silver Survey 2026, against a documented supply of 1.09 billion ounces (https://ibn.fm/iO2ky). (Mine production accounted for 846.6 million ounces.) The demand-supply deficit is projected to grow even further, representing an opportunity that CMX Gold & Silver (CSE: CXC) (OTC: CXXMF) intends to exploit. CMX, through its wholly owned U.S. subsidiary, holds a 100% interest in the historic Clayton Silver Mine in the Bayhorse Mining District of Idaho.
Discovered in the late 1800s, Clayton was operationalized in 1935, with production continuing through 1986, when low prices forced closure. During those five decades, the operator mined an estimated 2,145,652 tons of ore, which, upon processing, produced…
NOTE TO INVESTORS: The latest news and updates relating to CXXMF are available in the company’s newsroom at https://ibn.fm/CXXMF
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