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Multi-Metal Development Ltd V.MLY

Alternate Symbol(s):  MLYCF

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.


TSXV:MLY - Post by User

Bullboard Posts
Post by raberon Aug 12, 2019 7:53pm
131 Views
Post# 30020105

and again not us

and again not us

North America's Largest Copper Mine Nears

Kitco News

One of the most significant undeveloped copper deposits in the world--what Rio Tinto calls its Resolution Copper project--received permitting from the US Forest Service, the mining giant announced last week.

The US Forest Service issued a Draft Environmental Impact Statement for the project. The permit moves the technically-challenging Arizona project closer to development.

Rio Tinto said the publication of the DEIS triggers a further public consultation process over a 90-day period, which will inform the final Environmental Impact Statement (EIS), and the next steps in the permitting process for the project.

Rio Tinto said the project's partners will have spent over $2 billion by 2020 to develop and permit the Resolution copper project, including $302 million of additional expenditure approved earlier this year.

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