Multi-Metal Development Ltd V.MLY

Alternate Symbol(s): MLYCF

Metals & Mining Industrial Metals & Minerals

Multi-Metal Development Ltd is a Canadian mineral exploration and development company with mineral rights interests in the United States of America and Austria. The Company operates in two geographical areas, being Canada and the United States. The Company’s flagship project is the CuMo molybdenum project (the CuMo Project), located in Idaho, in the United States. The CuMo Project has two distinct layers of diversification: the upper half contains higher grades of silver and copper compared to molybdenum and the lower half is rich in molybdenum, with lower grades of silver and copper. The CuMo deposit is located at the south-western end of the Idaho-Montana Porphyry Belt within the Atlanta Lobe of the Idaho Batholith. Its Bleiberg Zinc-Germanium-Lead-Fluorite-Cadmium Mine Complex consists of 116 exploration licenses totaling 6,582.4 hectares, located approximately 130 kilometers south of the city of Salzburg, Austria.

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Multi-Metal Development Ltd

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Comment by raberon May 02, 2017 6:47pm

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Post# 26195274

RE:RE:Where's our 9 million dollars?

on Feb. 27, 2017, with Millennia Minerals Pte. Ltd. (Singapore). Millennia has now established Millennia Minerals (USA) Inc. for the purposes of investing $100-million (U.S.) into the CuMo project and $100-million (U.S.) into the Calida gold project. Investment agreements have been prepared by Millennia USA's lawyers and are currently being reviewed by American CuMo and its legal counsel. Full details will be released upon signing of the final agreements. Of the initial $1-million (U.S.) payment made by Millennia announced on March 15, 2017, $500,000 (U.S.) has been released for use by the company.

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