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 > The goal for Cumo is the Idaho deposit-the zinc deal is the

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Post by silverbaronalbeon Dec 05, 2020 5:41pm

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The goal for Cumo is the Idaho deposit-the zinc deal is the

means to that goal. When the mine is back into production say at 25% or 125,000 tonnes/yr @ $500/tonne (metal value) , it would generate $62.5 mil revenue. Whatever the net amount will be will then start to finance the company and the Idaho deposit for development. I liked JackCross take on deal and I think this deal is a great start for Cumo.

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Advancing flagship Ishkõday Gold Project in Ontario