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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

Comment by jimdines1234567on Apr 06, 2024 12:30pm
100 Views
Post# 35974851

RE:Negotiating with Newmont

RE:Negotiating with NewmontSuccess at La Plata will breed more success. 

I continue to admire Greg and Scott's thoughtful approach to the exploration of MMG assets. The hiring /appointing of Enders foreshadows the inevitable Newmont take-out of MMG.

The timeline of a Newmont acquisition of La Plata will be shortened by how rich the drill results, actually are!

So with that in mind, the forthcoming ( slow to be released, because of intense deliberations over what is best for both parties at this crucial turning point) drill results accompanied by the subsequent market reactions to the news and further strategic alignment with NEM should end up being BIG for MMG shareholders.

Great news, out of the LP camp should help strengthen our bargaining power over Hecla. 

The proof is in the pudding...

JD


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