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Metallic Minerals Corp V.MMG

Alternate Symbol(s):  MMNGF

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

Comment by mattbighamon May 09, 2021 6:06pm
176 Views
Post# 33162544

RE:RE:"Larger Scale District Opportunities"

RE:RE:"Larger Scale District Opportunities"
I kind of hang on and try to look forward with what both Greg and Clynt say.
Greg has repeatedly stated he believes a major silver producer could take out the entire district (AXU + MMG,together) if MMG delivers a major discovery or discoveries the size of Bermingham (which was initially 50 million oz Ag prior to the Bermingham Deep discovery).

With the scale and numbers of targets that MMG have already outlined it is not hard to believe there could be multiple,significant ore zones.

As for what Clynt has said (and he has said this in a similar way two or three times now) it is more of a 'looking down the road' statement.
AXU will be very profitable running full steam in Q4 at these silver prices.
I sense they are looking for opportunities to purchase diversification and if a major buys out both AXU and MMG they will both be looking for  new projects to develop.
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