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Metallic Minerals Corp V.MMG

Alternate Symbol(s):  MMNGF

Metallic Minerals Corp. is a Canada-based exploration and development stage company. The Company is focused on copper, silver, gold and other critical minerals in the La Plata mining district in Colorado, and silver and gold in the high-grade Keno Hill and Klondike districts of the Yukon. Its flagship Keno Silver project is a 100%-owned, brownfields property consisting of 171 square kilometers (km2) in the historic Keno Hill Silver District of Canada’s Yukon Territory. The La Plata project covers 44 km2 within the high-grade La Plata mining district located at the southwest end of the prolific Colorado Mineral Belt. The Company holds 100% interest in 26 miles (36.4 km2) of creek and bench mining rights along the Australia Creek drainage, in the Klondike gold district near Dawson City, Yukon. It owns 100% interest in mining rights consisting of 10 claims totaling one mile (1.6 kilometers) along a bench of Dominion Creek, in the Klondike gold district near Dawson City, Yukon.


TSXV:MMG - Post by User

Post by mattbighamon Feb 06, 2024 12:21am
146 Views
Post# 35864594

"We continue those discussions with Hecla."

"We continue those discussions with Hecla."Greg Johnson talks Keno @ 4:00 and Hecla @ 4:45


https://www.youtube.com/watch?v=bTf7NKzeYLE

" We are producing our first resource-a 43-101 resource- on three of five of our most advanced targets. So,really demonstrating we have the same system (as Hecla's Keno Hill), a continuation of the same geology just off to the east and we are taking that to first resources."

Q:Are you in discussions with Hecla?

"We've always had a good relationship with Alexco-who Hecla acquired last year-and we continue those discussions with Hecla.
What's exciting about our property- I think even from their (Hecla's) perspective- is that we are on the same road (The Silver Trail Highway),the same geology ....but these are potentially open....very shallow,we start right at surface deposits that can be open pittable.
I think in the longer term we see that other half of the district (East Keno) has a lot of unexplored value so let's develop that value and understand it."

Sounds like the West and Central Keno resources are open to some kind of arrangement with Hecla while Greg states MMG wants to develop the resources at East Keno.

Master Plan:

Scott Petsel talks partering with Hecla and/or Hecla monetizing some of their assets @ 8:40  "...or finding another company like Discovery SIlver"  to develop East Keno for them: "They might like to have some resources in a more secure jurisdiction like the Yukon."

https://www.youtube.com/watch?v=DkjQbizEh8A&t=853s

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