Metallic Minerals Corp. is pleased to announce results from its fall 2023 exploration drilling campaign at the Company's 100%-owned, 171 square kilometer Keno Silver project, adjacent to Hecla Mining in the high-grade Keno Hill silver district of Canada's Yukon Territory. The 2023 exploration program included 1,112 meters in four diamond drill holes focused on expansion of the Formo target in the West Keno area, which is [...]
Metallic Minerals Corp. is pleased to announce the completion of 2023 field activities at the Company's La Plata copper-silver-gold-PGE project in southwestern Colorado, USA. The 2023 exploration program included 4,530 meters in four diamond drill holes focused on expanding the current mineral resource and testing extensions of strong porphyry-style mineralization encountered in 2022 drill hole LAP22-04. LAP22-04 [...]
In this segment of The Ellis Martin Report we speak with Scott Petsel, President of Metallic Minerals Corp. . We discuss both the La Plata Copper-Silver-Gold-PGE Project in South-western Colorado as well as the Keno Silver Project with a gold royalty in Canada's Yukon Territory. Is this company a potential acquisition for major's nearby in both jurisdictions? You be the judge. To Listen to the Interview, please visit [...]
Metallic Minerals Corp. is pleased to announce the completion of field activities at the Company's 100%-owned, 166 square kilometer Keno Silver project, adjacent to Hecla Mining in the high-grade Keno Hill silver district of Canada's Yukon Territory. The 2023 exploration program included 1,112 meters in four diamond drill holes focused on resource expansion at the Formo target, the highest-grade and largest target area to [...]
Metallic Minerals Corp. is pleased to provide an update on drilling at the La Plata copper-silver-gold-PGE project. The first phase of the 2023 campaign is testing extensions of high-grade mineralization seen in 2022 drill hole LAP22-04, which intercepted 816 meters of continuous mineralization grading 0.41% copper equivalent with internal higher-grade zones. The hole ended in high-grade precious metal-rich mineralization [...]
Metallic Minerals Corp. is pleased to announce an updated National Instrument 43-101 Mineral Resource Estimate representing a 25% increase in contained metal based on an additional 1,730 meters of diamond drilling completed at its La Plata project in 2022. Inferred mineral resources at the Allard deposit now total 1,211 million pounds of copper and 17.6 million ounces of silver in a constrained model with 147.3 million [...]
Metallic Minerals Corp. is pleased to announce the start of the 2023 exploration and drill campaign at the La Plata copper-silver-gold-PGE project, located in southwest Colorado. In May 2023, Newcrest Mining Limited completed a 9.5% strategic equity investment into Metallic Minerals with the goal of accelerating advancement of the La Plata porphyry project. This funding will support a two-phase drill campaign in 2023 that [...]
Metallic Minerals Corp. is pleased to announce that Wolfgang Maier, Ph.D., recognized in both academic and industry circles for his expertise in geoscience and, particularly, magmatic systems has joined the Company as Senior Geological Advisor. Dr. Maier has 30 years of global experience and, in addition to authoring or co-authoring 144 publications which have received more than 7,000 citations to date, he has been a [...]
Metallic Minerals Corp. is pleased to announce the completion of a 9.5% strategic equity investment by a wholly-owned subsidiary of Newcrest Mining Limited . Pursuant to the placement, Metallic Minerals issued 15,838,593 units at a price of $0.40 per unit for gross proceeds of approximately $6.3 million. Each unit was comprised of one common share and 0.75 of a common share purchase warrant. Each full warrant entitles [...]
Metallic Minerals Corp. is pleased to announce a strategic equity investment by a wholly-owned subsidiary of Newcrest Mining Limited in the form of a non-brokered private placement, with the goal of advancing the Company's La Plata copper-silver-gold-platinum group element alkalic porphyry project in Colorado, USA. Pursuant to the private placement, Newcrest will complete a financing of $6.34 million, consisting of [...]
Metallic Minerals Corp. is pleased to announce final results from the 2022 exploration program at its 100% owned high-grade Keno Silver project in the historic Keno Silver District of Yukon, Canada. A total of 642 meters were drilled in six holes at the Caribou target in the Central Keno area to test extensions of known high-grade and bulk-tonnage mineralization. This work was completed as part of a larger 3,265 m drill [...]
Metallic Minerals Corp. is pleased to announce final results from its 2022 exploration program at the La Plata copper-silver-gold-platinum group element project in southwestern Colorado. Two holes totaling 1,730 meters were drilled to test lateral extensions of the existing 985-million-pound copper equivalent NI 43-101 mineral resource1. Hole LAP22-04, drilled to the north of the resource area, intercepted the longest and [...]
