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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 Jan 07, 2025 6:45am
61 Views
Post# 36391860

Hecla floating the plans for a 600 tpd mill @ Keno

Hecla floating the plans for a 600 tpd mill @ KenoIn their latest presentation HL lay out the steps and requirements to upgrade their milling infrastructure to 600 tpd.

Page 22 of their January 2025 presentation:

https://s29.q4cdn.com/244919359/files/doc_presentations/2025/Jan/06/January_2025_IR-Update-v2.pdf

Noted is that they stipulate "added reserves" or a  "new Bermingham-sized  discovery" is required.

Well,wouldn't you know it but MMG have the Formo deposit just five kms from Hecla's mill complex @ Keno:

Formo has a 43-101 of 12 million oz of Ag.
Sits within 5 kms of Heclas mill complex.
Petsel has said they envision it as a 50 million oz deposit and has stated it has potential to be "another Bermingham".

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