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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 15, 2023 10:45pm
107 Views
Post# 35449549

RE:RE:good copper play

RE:RE:good copper play
March -May is always the seasonal top for MMG so I sold my shares.
It's always been long summers,falls and early winters until MMG comes up with any news.

-MMG have not announced a DP for Keno and there is no mention of one anywhere to be heard or found.
-MMG have not announced any new operators for the alluvials which means further equity financing to advance projects.
-MMG have 200 m shares fully diluted with Newcrest's exercise.

It's all about LP now and they have not even started their DP.

However, the updated resouce is being tabulated and that could provide a spark.
Also,the price of metals could run away with the US on the verge of complete and utter insolvency.

I am guessing the US kicks the can down the road,PM's are controlled going into September and MMG does it's usual summer hibernation.

Hope I am wrong for you longs but I have gone to liquid metal shares,instead.
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