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Metallic Minerals Corp - MMNGF STOCK NEWS

Welcome to our dedicated page for Metallic Minerals news (Ticker: MMNGF), a resource for investors and traders seeking the latest updates and insights on Metallic Minerals stock.

Overview of Metallic Minerals Corp

Metallic Minerals Corp is a resource-stage mineral exploration company dedicated to the discovery, expansion, and development of significant mineral deposits across top mining jurisdictions in North America. Focused on copper, silver, gold, and platinum group elements (PGEs), the company employs a systematic, entrepreneurial approach to identify and advance projects with the potential to host large-scale porphyry systems and high-grade deposits.

Core Business and Operations

The company operates through a dual jurisdiction strategy. In the United States, its La Plata project in southwestern Colorado features a district-scale porphyry copper-silver system with extended mineralization zones and multiple high-priority targets. In Canada, the Keno Silver project in the Yukon Territory benefits from a rich legacy of high-grade silver production and is situated adjacent to established operations, offering a clear infrastructure advantage. Metallic Minerals supports its exploration initiatives with rigorous technical reports prepared under NI 43-101 standards, ensuring transparent and reliable resource estimates.

Exploration Strategy and Technical Expertise

Metallic Minerals leverages advanced geologic mapping, hyperspectral data acquisition, and systematic drilling campaigns to expand its mineral resource base. With a team experienced in both technical evaluations and large-scale project financing, the company uses strategic partnerships and equity investments to accelerate project advancement. The technical expertise is evident in the detailed resource estimates and extensive exploration programs undertaken at both its La Plata and Keno Silver projects.

Strategic Partnerships and Competitive Position

Through collaborations with established industry players, Metallic Minerals enhances its project assessments and operational viability. Such partnerships, including those with major mining entities that contribute technical support and investment, help solidify its position in competitive mining districts. The company differentiates itself through a balanced focus on methodical exploration, efficient resource expansion, and adherence to stringent disclosure standards, thereby building a trusted reputation among stakeholders.

Infrastructure and Market Advantages

Each project is located in regions with historical mining activity and readily available infrastructure. With access to power, road networks, and modern logistical support, the assets of Metallic Minerals are well-positioned for accelerated exploration. The underlying geological frameworks of the La Plata and Keno Silver districts further underpin the company’s strategic advantages, making these well-established mining corridors attractive for resource development.

Business Model and Value Proposition

Metallic Minerals Corp creates shareholder value by methodically identifying promising exploration targets and converting them into robust resource portfolios. Its business model is underpinned by systematic resource growth, timely technical diligence, and the ability to design exploration campaigns that are both cost-effective and capable of uncovering new mineralized zones. The firm’s commitment to maintaining high standards in technical reporting and sustainable development practices reinforces its market credibility.

Summary

In summary, Metallic Minerals Corp is a focused and technically proficient exploration company, actively expanding its portfolio across strategically important mining districts in North America. With projects that are supported by extensive technical studies and robust infrastructure, the company stands as a knowledgeable participant in the competitive resource development landscape. Investors and industry observers can appreciate the company’s detailed exploration programs, its adherence to high-quality reporting standards, and its strategic approach to uncovering and leveraging mineral wealth.

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Metallic Minerals Corp. announces a significant mineral resource estimate for the Keno Silver Project in Yukon, Canada, totaling 18.16 million ounces of silver equivalent. The project shows clear potential for growth with additional drilling and exploration. The company plans to expand resources in 2024 and provide updates on other projects.
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Metallic Minerals Corp. appoints Dr. M. Stephen Enders, a seasoned expert in mineral exploration and mining, to its Board of Directors. Dr. Enders brings over 47 years of experience, including roles at major companies like Newmont Mining Corporation and Phelps Dodge Exploration Corporation. Additionally, Metallic Minerals grants 1,875,000 stock options to key personnel as part of its Long-Term Performance Incentive Plan.
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Metallic Minerals Corp. announces the 2024 Resource Estimate for Keno Silver project in Yukon Territory, with 2.5Mt Inferred Resource at 223g/t AgEq totaling 18.16Moz of silver equivalent. Significant resource expansion expected through further drilling. Company to participate in PDAC 2024 Convention in Toronto.
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Metallic Minerals Corp. (TSXV:MMG)(OTCQB:MMNGF) has announced the results from its fall 2023 exploration drilling campaign at the Company's 100%-owned, 171 square kilometer Keno Silver project in Canada's Yukon Territory. The drilling program included 1,112 meters in four diamond drill holes, with one of the best intercepts to date returning grades of 256 grams per tonne silver equivalent over 46 m. The Company is anticipating the forthcoming inaugural NI-43-101 mineral resource estimate for the Keno Silver project, which is currently nearing completion by SGS Geological Services.
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Metallic Minerals Corp. (TSXV:MMG)(OTCQB:MMNGF) completed 2023 field activities at La Plata copper-silver-gold-PGE project in Colorado. The exploration program included 4,530 meters in 4 diamond drill holes to expand mineral resource and test porphyry-style mineralization. Newmont Mining acquired a 9.5% ownership position in Metallic Minerals to accelerate the project. The 2023 drilling extended mineralization to over 1.5 kilometers vertically, and airborne hyperspectral surveys were completed to allow for detailed mineral and alteration mapping. The company anticipates adding gold, platinum, and palladium to the current copper and silver resource. The Allard deposit remains open to significant expansion, and several new high-priority targets outside of the Allard resource area have been identified.
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Metallic Minerals Corp. holds valuable assets in precious metal and critical mineral exploration and development. They have the La Plata copper-silver-gold project in Colorado and the Keno Silver project in the Yukon Territory. Assay results from drilling are expected in Q4 2023 and Q1 2024. Metallic is also collaborating on alluvial gold royalty properties with Parker Schnabel of Discovery Channel's 'Gold Rush'. They received a 9.5% strategic investment from Newcrest, netting $6.3 million.
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Metallic Minerals Corp. completes field activities at the Keno Silver project and continues drilling at the La Plata project.
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Metallic Minerals provides update on drilling at La Plata project, potential to expand resource and increase overall grade
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Metallic Minerals Corp. (TSX.V:MMG)(OTCQB:MMNGF) announces a 25% increase in contained metal in its updated National Instrument 43-101 Mineral Resource Estimate for the La Plata project. The expansion is driven by a major discovery in drill hole LAP22-04, with inferred mineral resources totaling 1,211 million pounds of copper and 17.6 million ounces of silver. The resource remains open to expansion, and future estimates will add gold, platinum, and palladium to the resource.
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Metallic Minerals Corp. announces the start of the 2023 exploration and drill campaign at the La Plata project in Colorado. Newcrest Mining Limited completed a 9.5% strategic equity investment in Metallic Minerals. The funding will support a two-phase drill campaign, with the initial phase consisting of approximately 5,000 meters of diamond core drilling. The program aims to expand resources at the Allard porphyry deposit and test the lower limits of mineralization.
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FAQ

What is the current stock price of Metallic Minerals (MMNGF)?

The current stock price of Metallic Minerals (MMNGF) is $0.154885 as of April 22, 2025.

What is the market cap of Metallic Minerals (MMNGF)?

The market cap of Metallic Minerals (MMNGF) is approximately 26.6M.

What is the core focus of Metallic Minerals Corp?

Metallic Minerals Corp is primarily focused on the exploration and development of copper, silver, gold, and platinum group elements through its advanced resource-stage projects.

In which regions does the company operate?

The company operates in key North American mining jurisdictions, with notable projects in the La Plata district in southwestern Colorado and the Keno Silver district in the Yukon Territory, Canada.

How does Metallic Minerals generate value?

The company creates value by systematically exploring, expanding, and advancing its mineral resource estimates, underpinned by rigorous technical studies and strategic partnerships.

What exploration techniques are used in their projects?

Metallic Minerals employs advanced drilling programs, geologic mapping, hyperspectral data acquisition, and rigorous NI 43-101 compliant resource estimates to evaluate and expand its deposits.

How does the company ensure technical credibility?

The company prepares detailed technical reports, adheres to NI 43-101 standards, and leverages experienced professionals and strategic alliances to ensure transparent and reliable resource assessments.

What competitive advantages does the company have?

Its competitive advantages include access to historically significant mining districts, robust infrastructure, strategic equity investments, and a strong technical team with proven exploration success.

What are the key minerals or metals explored by Metallic Minerals?

The company focuses on the exploration of copper, silver, gold, and platinum group elements, targeting both district-scale porphyry systems and high-grade mineralized zones.

How does Metallic Minerals approach sustainable exploration?

The company is committed to responsible resource development and sustainable practices, ensuring adherence to stringent technical, environmental, and community engagement standards.
Metallic Minerals Corp

OTC:MMNGF

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26.59M
130.31M
26.68%
0.58%
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