Metallic Minerals Corp V.MMG

Alternate Symbol(s): MMNGF

Metals & Mining Industrial Metals & Minerals

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

Metallic Minerals Corp > 04/16/24 cash position

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Comment by jimdines1234567on Apr 20, 2024 1:37pm

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Post# 35999622

RE:04/16/24 cash position

As at January 31, 2024, the Company had current assets totaling $2,023,145, including $678,379 of cash and gold investment of $427,121. The Company had working capital of $1,897,664. During the six months ended January 31, 2024, the Company received a production royalty of 113.528 ounces of gold valued at $309,966 and paid a royalty 38.706 ounces of gold valued at $105,223.

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