Metallic Minerals Corp. announces that Newmont Corp. has elected to exercise its 'top-up right' to purchase additional common shares in Metallic Minerals in order to maintain its 9.5% interest pursuant to its Investor Rights Agreement dated May 18, 2023. Under the terms of the IRA, Newmont will purchase an aggregate of 577,776 common shares at a [...]
Metallic Minerals Corp. is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement . Under the Final Tranche, investors subscribed for an additional 1,062,500 flow-through common shares of the Company at a price of $0.40 per FT Common Share for gross proceeds of $425,000 [...]
Metallic Minerals Corp. announces that further to its June 20, 2024 news release, it has closed a first tranche of its non-brokered private placement . Under the First Tranche, the Company has issued 4,000,000 flow-through common shares of the Company at a price of $0.40 per FT Common Share for gross proceeds of $1,600,000. Greg Johnson, CEO and [...]
Metallic Minerals Corp. s pleased to announce a non-brokered private placement of up to 5,000,000 flow-through common shares of the Company at a price of $0.40 per FT Common Share for gross proceeds of up to $2,000,000 . Red Cloud Securities Inc. of Toronto, Ontario, has been engaged on a "best efforts" basis for the Offering. Proceeds from the [...]
Metallic Minerals Corp. ; is pleased to announce the commencement of the 2024 exploration programs at both the Keno Silver project in the Yukon Territory, Canada, and the La Plata copper-silver-gold-PGE project in southwest Colorado, USA. At the Keno Silver project, where the Company announced an inaugural resource of 18.2 million ounces of silver [...]
In this segment of The Ellis Martin Report we visit with Scott Petsel, President of Metallic Minerals Corp. as we review the company's 171 sq km Keno Silver Project in the Yukon, the La Plata Project in Colorado AND an opportunity for adventurous placer/alluvial gold miners to acquire rights to mine such as what Parker Schnabel is doing on the [...]
Metallic Minerals Corp. announces that, pursuant to its Investor Rights Agreement dated May 18, 2023 with Newmont Corporation , Newmont has elected to exercise its 'top-up right' to purchase additional common shares in order to maintain its 9.5% interest in Metallic Minerals. Under the terms of the IRA, Newmont will purchase an aggregate of 342,750 [...]
Metallic Minerals Corp. is pleased to announce final results from the 2023 drill campaign at the Company's La Plata copper-silver-gold-Platinum Group Element project in southwestern Colorado, which finished in December. The exploration program included 4,530 meters in four diamond drill holes with the dual objectives of expanding on the [...]
Metallic Minerals Corp. is pleased to report that, further to its news release dated February 26, 2024, it has filed on SEDAR a National Instrument 43-101 technical report entitled "Mineral Resource Estimate for the Keno Silver Project, Yukon, Canada", with an effective date of February 1, 2024. Scott Petsel, President of Metallic Minerals, stated [...]
March 14, 2024 - Vancouver, BC - Metallic Minerals Corp. is pleased to announce that Dr. M. Stephen Enders has been appointed to the Company's Board of Directors. Steve brings over 47 years of experience in mineral exploration and mining, working on some of the world's most significant copper and gold deposits. Steve is a major addition to the [...]
Metallic Minerals Corp. is pleased to announce the first National Instrument 43-101 mineral resource estimate on the Company's Keno Silver project, adjacent to Hecla Mining's high-grade operations in the iconic Keno Silver District of Canada's Yukon Territory. The combined underground and in-pit total resource estimate from four separate deposits [...]
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 [...]
