Metallic Minerals Corp V.MMG

Alternate Symbol(s): MMNGF

Metals & Mining Industrial Metals & Minerals

Metallic Minerals Corp. is a resource-stage mineral exploration company, focused on copper, silver, gold, and platinum group elements in the North American mining jurisdictions. The Company's projects include La Plata, Keno Silver and Alluvial Royalties. The La Plata project covers approximately 44 square kilometers (km2) within the historic high-grade La Plata mining district located at the southwest end of the prolific Colorado Mineral Belt. Mineralization is related to a large-scale precious metals plus platinum group element (PGE) porphyry copper system with associated high-grade silver and gold epithermal vein and replacement deposits. The 100%-owned Keno Silver project consists of around 171 Km2 adjacent to Hecla Mining’s mining operations in the historic Keno Hill Silver District of Canada's Yukon Territory. Its Alluvial Royalties include Australia Creek Royalty and Dominion Creek Alluvial Royalty. It owns a 100% interest in the McKay and Silver Hill properties (55 km2).

TSXV:MMG - Post by User

Metallic Minerals Corp

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Comment by MAAXXYon Aug 26, 2020 2:31pm

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Post# 31456877

RE:RE:MMG AT $4.00 HOW?????

AXU has 1,117,380 tonnes and 30,453,000 oz. of silver as a reserve giving them the $3.50 share value.

Drilling is very xpensive. It is going to take LOTS and LOTS of drill holes with hi-grade results, high percentage of hits, a LOT of cash and time to reach the 30 plus million oz of silver. Will need a lot more cash thus more dilution of stock.

If it happens, it will take time and a lot of cash.

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