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 > Metals

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Comment by RealityCheck123on Feb 24, 2023 12:59pm

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Post# 35303759

RE:RE:Metals

No proven/probable mineral reserve per a Feasibility Study has been produced. A PEA establishee no accurate economic minable resource and total metals recovery. There are reasons why no silver/moly mining company is interested. Would guess a mining method which considers dilution, ore sorting, recovery and capex/all-in-cost is unattractive.

Where is a Preliminary or Final Feasibility Study? Why no interest? These questions should be answered by the company. Smoke and mirrors?

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