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Metallic Minerals Corp V.MMG

Alternate Symbol(s):  MMNGF

Metals & Mining Industrial Metals & Minerals
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

Metallic Minerals Corp
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Post by mattbighamon May 20, 2024 7:00am
159 Views
Post# 36048433

Scott: Monetising/spinning out Keno

Scott: Monetising/spinning out KenoFinally, the option for non-dilutive development of La Plata is being openly discussed by President Petsel.
Limit Newmont's 'percentage for peanuts program' and develop it as independent from NEM as possible:

4:40 "...monetise,potentially spin out-everything is on the table..."

11:00
Colorado's La Plata:

"We have identified three or four drill ready targets that we think will have similar results to what we have seen at La Plata.
The scale of the system-that we control-has never been fully tested.
We are super excited about that.
District-scale opportunity. 8x10 km. system.

"Pre-pandemic,when we had not drilled a single hole at La Plata our share price was eighty cents for a while and a MCAP around $100m..
We have done nothing but building resources and improving our prospects and adding tangible value to the company and it has not been recognised by the market...."

https://www.youtube.com/watch?v=dOof_wjOU-U

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