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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

Post by mattbighamon Apr 11, 2024 9:51pm
188 Views
Post# 35984696

1,350m of continuous mineralisation

1,350m of continuous mineralisation
Re: My favourite part 

'All four drill holes intersected porphyry style mineralization over their entire lengths with varying levels of visible copper sulphides and vein density'- Goldenidle
Mainly because I am bored to tears waiting for assays I will add to your sentiment and guess that the coming La Plata drill results NR will attract a lot of attention because hole LAP23-06 is 1,350m or 1.35 of a kilometer of continuous mineralisation.
That is a headline the market can't miss.

My favourite part is President Scott Petsel stating : "Our work this season on the broader project has identified several new high-priority targets outside of the Allard resource area, highlighting the potential for new discoveries of both additional copper porphyry centers, as well as high-grade epithermal silver and gold systems."

Since it is 23c tomorrow at La Plata and MMG have no end of drill targets and confirmation drilling to perform I wonder how they are going to get their share price up to a level where they can dilute a measly 2-5 million shares and fund their own drill programs?
GIving away the company to Newmont at forty and fifty-five cents isn't the answer when the SP languishes at thirty cents.

Page 20 of the March presentation shows the Allard,Mancos and Copper Hill district with at least 18 'targets' outlined:

https://mmgsilver.com/site/assets/files/2497/2024-03-14-mmg_presentation_live.pdf

Waiting for MMG to commence drilling has to become a part of MMG's past. MMG have to conduct DP's at all times possible to prove up these massive ore bodies at La Plata.

[img]lp.png[/img]
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