Bishop Mill California

BISHOP MILL – California

CMC Metals purchased 100 percent ownership of a 50 ton per day mill located in Bishop, California. The mill was constructed by Mammoth Mountain Mining in 1985 and is connected to grid power and is located one mile from a paved highway outside Bishop CA.

The mill is being prepared for operations and the Company is identifying potential sources of mineral supply. The Company intends to use the mill to gain participation interests in regional gold development opportunities.