Metallic Minerals Corp. is a leading exploration and development stage company focused on copper, silver, gold and other critical minerals in the La Plata mining district in Colorado, and silver and gold in the high-grade Keno Hill and Klondike districts of the Yukon. Our objective is to create shareholder value through a systematic, entrepreneurial approach to making exploration discoveries, growing resources, and advancing projects toward development.
At the Company's La Plata project in southwestern Colorado the 2022 inaugural NI 43-101 mineral resource estimate identified a significant porphyry copper-silver resource containing 889 Mlbs copper and 15 Moz of silver. Results from 2022 expansion drilling intercepted the longest and highest-grade interval ever encountered at La Plata and one of the top intersections for any North American copper project in the past several years. An updated NI 43-101 resource estimate for the La Plata project incorporating these results is expected in Q2 2023.
In Canada's Yukon Territory, Metallic Minerals has consolidated the second-largest land position in the historic high-grade Keno Hill silver district, directly adjacent to Hecla Mining's operations, with more than 300 million ounces of high-grade silver in past production and current M&I resources. Hecla Mining Company, the largest primary silver producer in the USA and third largest in the world, completed the acquisition of Alexco Resources and their Keno Hill operations in September 2022. Hecla is targeting to start production at the Keno Hill operations by Q3 2023. Metallic is anticipating the announcement of inaugural mineral resource estimate at Keno Silver in the second half of 2023.
Metallic Minerals is also one of the largest holders of alluvial gold claims in the Yukon and is building a production royalty business by partnering with experienced mining operators, including Parker Schnabel of Little Flake Mining from the hit television show Gold Rush on the Discovery Channel.
All of the districts in which Metallic Minerals operates have seen significant mineral production and have existing infrastructure, including power and road access. Metallic Minerals is led by a team with a track record of discovery and exploration success on several major precious and base metal deposits in the region, as well as having large-scale development, permitting and project financing expertise. The Metallic Minerals team has been recognized for its environmental stewardship practices and is committed to responsible and sustainable resource development.
Metallic Minerals Corp. is a billboard sponsor of Streetwise Reports and paid a fee for this company profile page.
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Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCQB) recently announced its maiden NI 43-101 mineral resource estimate (MRE) at the Keno Silver project and the initiation of its 2024 drilling program, according to a Couloir Capital report.
Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCQB) says it had started its 2024 exploration programs at its Keno Silver project in the Yukon Territory and the La Plata copper-silver-gold-platinum group element (PGE) in Colorado. Find out why these metals are needed for the new green economy.
Metallic Minerals Corp. says mining major Newmont Corp. is exercising its "top-up right" to purchase additional shares of the company. Read to see the other ways the companies are working together.
Metallic Minerals Corp. announces that all four holes drilled at its Newmont-backed La Plata project in Colorado intersected porphyry-style mineralization from the surface and over their entire lengths.
Metallic Minerals Corp. announced it has filed the National Instrument 43-101 technical report for its inaugural mineral resource estimate for its 100%-owned flagship Keno silver project adjacent to Hecla's mining operations in the Yukon. Find out what the company has planned for the rest of the year.
Metallic Minerals Corp. announces results of its 2023 drilling campaign at its flagship Keno silver project in the Yukon. Find out why some analysts see a big upside to the stock.
The recipient will use the capital to advance its mining project in Colorado, where it is about to start an expansion drill program, noted a Couloir Capital report.
Today we review the most impressive drill and resource estimate results reported on Streetwise Reports in April. Read to see the results and what experts are saying about some of these prolific mining companies.
Metallic Minerals Corp. announces the final results from its 2022 drilling campaign at its flagship 100%-owned Keno Silver project in the Yukon Territory.
This and major exploration milestone achievements are recent significant events for the Canadian mining exploration firm, noted a Couloir Capital report.
Metallic Minerals Corp. says it has intercepted its longest and highest-grade interval ever at its La Plata copper-silver-gold-platinum group element project in southwestern Colorado.
One Vancouver-based junior exploration company just went from one to two flagship projects with the release of the maiden resource estimate on a copper-silver project in Colorado. Could this be a game-changer for shareholders?
Go to any mining conference and you’re likely to hear this adage: the best place to find a new mine is near an old mine. It’s true. It’s even more likely when metals prices are healthy and trending higher. One junior is seeking to outline resources in two former mining camps. The odds — and metals prices — just might be on its side.
A junior is nearing the major catalysts of maiden resource estimates for two of its prospective silver projects where it continues exploration work, noted a Couloir Capital report.
As Metallic Minerals wraps up its exciting programs in the Keno Hill silver district, CEO and Chairman Greg Johnson explains why the future looks bright for silver.
Maurice Jackson for Streetwise Reports (11/30/2021)
Metallic Minerals has just completed its most expansive drill program on the flagship ultra high-grade Keno Silver Project, located in the prolific Keno Silver District. In addition, the company has updates on the La Plata gold-silver-copper project, and the Klondike Alluvial Gold Projects.
Maurice Jackson for Streetwise Reports (07/28/2021)
Greg Johnson, CEO of Metallic Minerals, sits down with Maurice Jackson of Proven and Probable to discuss his company's exploration programs at its projects in the Yukon and Colorado, as well as its royalty portfolio.read more >
Maurice Jackson for Streetwise Reports (03/29/2021)
Bob Moriarty of 321gold speaks to Maurice Jackson of Proven and Probable about his book chronicling Novo Resources' adventures in Australia, and he also discusses a handful of junior miners on his radar screen.read more >
The StreetSmart Live! Broadcast on Jan. 26, 2021, focused on metals and why now is a good time for investors to be looking at them and the mining space. John Newell, independent analyst and portfolio manager, and John Feneck, mining sector expert and president of Feneck Consulting, addressed the status of the current metals market. CEOs of the three metals-focused companies comprising the Metallic Group of Companies—Group Ten Metals, Metallic Minerals and Granite Creek Copper—discussed their projects.
read more >
Maurice Jackson for Streetwise Reports (08/05/2020)
Bob Moriarty of 321gold and Maurice Jackson of Proven and Probable discuss the effects of pandemic fears on markets, government and society, as well as the status of a number of gold and precious metals juniors, including one whose stock Moriarty expects will take off like a "rocket ship."read more >
Maurice Jackson for Streetwise Reports (06/16/2020)
David Smith of The Morgan Report tells Maurice Jackson of Proven and Probable what he thinks about the current financial state of America, ways investors can protect themselves from the vagaries of modern times—including reading "Common Sense 2.0"—and mentions a few resource companies he finds worthwhile.read more >
Maurice Jackson for Streetwise Reports (06/08/2020)
Greg Johnson, chairman and CEO of Metallic Minerals, talks with Maurice Jackson of Proven and Probable, about the company's drill results, as high as 7,459 g/t silver, at the Keno Silver Project in the Yukon.read more >
Maurice Jackson for Streetwise Reports (11/19/2019)
Bob Moriarty of 321gold, in conversation with Maurice Jackson of Proven and Probable, expounds on his views of geopolitics, and discusses metal prices as well as a number of mining companies that he finds attractive right now.read more >
Maurice Jackson for Streetwise Reports (08/19/2019)
Bob Moriarty of 321 Gold explains why he believes the financial outlook is dismal and discusses a handful of resource companies that are on his radar.read more >
Maurice Jackson for Streetwise Reports (04/29/2019)
Greg Johnson, president and CEO of Metallic Minerals, speaks with Maurice Jackson of Proven and Probable about why he believes the company has all the "key ingredients for success" at its project in the Keno Hill Silver District.read more >
Maurice Jackson for Streetwise Reports (10/24/2018)
Greg Johnson, chairman and CEO of Metallic Minerals, sits down with Maurice Jackson of Proven and Probable to discuss his company's silver exploration in the Yukon.read more >
Bob Moriarty of 321 Gold discusses the relative prices of gold, silver and platinum and highlights two exploration companies, one with platinum and one with silver.read more >
Silver is cheap right now, says Bob Moriarty of 321 Gold, who profiles a company in the Yukon that he says is delivering world-class exploration results.read more >
Expert Comments:
Couloir Capital
(6/29/24)
"Metallic Minerals Corp. announced its first NI 43-101 mineral resource estimate at the Keno silver project from four deposits (Formo, Fox, Caribou and Homestake. . .we expect further drilling to add more resources, which should lead to an increase in the valuation."
"Metallic Minerals Corp. has announced a flowthrough financing that will raise up to $2M. . .the company will use the money to fund work on its Canadian properties in the Yukon, including its Keno Silver project."
"The last batch of assays from Metallic Minerals Corp.'s 2023 field campaign on its La Plata copper-silver-gold project came from four holes, three of which cut over 500m of continuous porphyry style copper-silver-gold-platinum group elements mineralization at 0.3% copper. . .combined with its Keno Hill project in the Yukon, La Plata gives the company a compelling base of in situ metal that it has the opportunity to continue growing via the drill bit."
"Metallic Minerals Corp. has generated a maiden resource estimate for its Keno silver project in the Yukon. The combined underground and in-pit total resource estimate comprises 18.2 Moz silver equivalent (2.5 Mt at 225 g/t silver equivalent)."
"Metallic Minerals Corp. announced assays from a 1,112m, four-hole program on the Formo target of its Keno silver project. . .the highlight hole was hole 3, which cut 46m of 256 g/t silver equivalent 275m vertically from surface."
SADIF Investment Analytics
(1/10/24)
"Metallic Minerals Corp.'s high quality financials are the result of a prudent financial position and satisfactory performance. . .we believe the company to be an above average long-term investment that is likely to deliver long-term returns."
More Expert Comments
Clive Maund, CliveMaund.com
(11/14/23)
"Almost all of Metallic Minerals Corp.'s volume over the past month is upside volume, and this is bullish. . .the company looks like a Strong Buy here, especially as we can take advantage of the dip of the past month."
Clive Maund, CliveMaund.com
(6/26/23)
"Metallic Minerals Corp.'s accumulation line is very positive indeed as it is already making news highs despite the drop in the price, and this holds out the promise of a new uptrend getting going soon. . .the company is therefore rated an immediate Speculative Buy here for all time frames."
Couloir Capital
(6/19/23)
"We are encouraged by the strategic investment in Metallic Minerals Corp.'s La Plata project by mining major, Newcrest. The $6.3M investment for a 9.5% ownership stake values the company at $66M, nearly 24% more than the current market cap of $53M."
Clive Maund, CliveMaund.com
(3/26/23)
"With Metallic Minerals Corp., an intermediate base has been forming over the past two weeks or so that promises to lead to a second upleg. . .with a volume breakout having occurred on Friday, March 24, the expected second upleg is believed to be imminent. . .the company is therefore rated an immediate Strong Speculative Buy for all time frames."
Couloir Capital
(3/21/23)
"Metallic Minerals Corp. entered into a royalty agreement on its Australia Creek property with Parker Schnabel of Discovery Channel's top-rated television series, "Gold Rush". . .with a positive 2022 exploration program and a celebrity royalty deal, we believe the company will look to build on recent strength and maintain momentum going into the rest of 2023."
Capital Cube
(2/2/23)
"For the quarter ending Oct. 31, 2022, Metallic Minerals Corp. has current assets of CA$2.25M. . .working capital is CA$1.98M. . .the company has enough money to finance its operations for a year and does not need to raise capital in the immediate future."
6/13/2024 – Metallic Minerals Initiates 2024 Exploration Programs at La Plata and Keno Silver Projects
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