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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 Apr 05, 2024 4:56am
151 Views
Post# 35971995

Scott explains why LAP22-04 is "truly exceptional"

Scott explains why LAP22-04 is "truly exceptional"" The hole increased in mineralisation as we went down the hole.
The last 350 metres runs .7+ % Cu Eq, so really high grade.
The last few metres had really advanced amounts of precious metals.
So,we had high silver content,high gold content and multi-gram platinum/palladium in the hole,as well.

https://www.youtube.com/shorts/JMAXcVTCJiY

"It looks to be,perhaps, a block cave operation from underground.It has that characteristic in terms of its shape."
"This hole,by itself, is one of the top two to three holes in all of North America in the last few years."

https://www.youtube.com/watch?v=KM8LHwbz2g4


Scott Petsel explains that the mineralisation is "truly exceptional" :

“While it is not uncommon to have elevated platinum group metals in alkalic porphyry systems associated with copper, silver and gold, the level of enrichment at La Plata, with wide intervals of greater than 0.8% copper and up to multi-gram gold, platinum and palladium values, is truly exceptional. The occurrence of other anomalous critical minerals, including tellurium and rare earth elements (“REE”s), is also an intriguing value-adding opportunity. Other major alkalic magmatic systems in the region include Rio Tinto’s Bingham Canyon and Newmont’s Cripple Creek mines, which also include enrichment in tellurium, PGEs and other critical minerals.”


Drill hole LAP22-04 intersected 816 m of 0.41% CuEq from surface

The interval starting at 304.8 m returned 511.2 m at 0.51% CuEq

https://mmgsilver.com/news/2023/metallic-minerals-intercepts-816-meters-of-0.41-cueq-ending-in-3.53-cueq-over-final-9.75-meters-in-newly-discovered-high-grade/

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