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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

Comment by babymineson Jan 31, 2022 11:03am
181 Views
Post# 34378514

RE:RE:MLY minerals(?).

RE:RE:MLY minerals(?). the prefeasability study will be used to determine a NPV minus the cost to build out a mine in Idaho. In the NR release Cumo never talked about a time line for the permits. Dykes set them up to be incharge of Idaho, not Cumo International. PF will be used to determine a sell price. The new teams connection to the mining industry may lead to greater visability, Wheather the stock prices goes up will depend on the PF and new drilling will be needed to verify the resource. Remeber all the controversy over the engineering study?
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