Multi-Metal Development Ltd V.MLY

Alternate Symbol(s): MLYCF

Metals & Mining Industrial Metals & Minerals

Multi-Metal Development Ltd is a Canada-based mining company. The Company's projects consist of CuMo Project in Idaho and Bleiberg Project in Austria. It operates in three geographical areas, being Canada, the United States and Austria. It owns a 100% of the CuMo Project, which is rich in molybdenum and also contains very significant credits of copper, silver, rhenium and potentially tungsten. The CuMo Project has two distinct layers of diversification: the upper half contains higher grades of silver and copper compared to molybdenum; the lower half is rich in molybdenum, with lower grades of silver and copper. The CuMo Project is situated in south-central Idaho, approximately 15 miles northeast of the town of Idaho City. It consists of 105 unpatented mineral claims. The Company intends to acquire a 100% interest in approximately 116 mining concessions making up the Bleiberg Property, located in Austria.

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Multi-Metal Development Ltd > American CuMo, Idaho CuMo to acquire Bleiberg

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Comment by Roscoe2629on Dec 05, 2020 10:23am

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Post# 32043662

RE:RE:RE:RE:RE:RE:American CuMo, Idaho CuMo to acquire Bleiberg

Looks like they plan to bring a previously operational mining site back into production. Makes sense if you look at what's happening to commodity prices. Should be a lot easier and faster than getting Cumo into production.

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A junior copper-gold stock trading at a bargain of monumental proportions