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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 Nov 07, 2024 6:48pm
48 Views
Post# 36302141

RE:RE:RE:RE:RE:RE:RE:Scott Petsel interviewed yesterday

RE:RE:RE:RE:RE:RE:RE:Scott Petsel interviewed yesterday
We are languishing from lack of news/ forwarding the projects.
The last NR of any consequence was April 16th:
Metallic Minerals Announces Drill Results and New Drill Targets at the La Plata Project, Colorado, USA

There has been silence for seven months-not a word on the very limited DP at Keno and nothing about La Plata.

MMG have to consistently fund and forward these projects for there to be discovery and project development / NR's.

In the absence of splitting the two projects and funding them as separate entities with new structures we are treading water.

Minimal DP's and little to no news to speak of. The last seven months have been a telling tale of the MMG situation.

The revised count at LP now long overdue in expectation will determine the viability of Allard and LP's promise going forward.

In short,MMG should restructure if they cannot independently fund consistently adequate exploration forward and the viability of La Plata with NEM funding/striking their warrants will give them some breathing room if Allard is deemed financially viable -regarding grade and mass as Petsel has outlined .
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