Metallic Minerals Corp. is a mineral mining company primarily focused on precious metal properties, such as gold and silver. Metallic Minerals identifies, acquires, evaluates, explores, and develops high-grade gold and silver projects.
Metallic Minerals Corp. is a publicly listed company on the Toronto Venture Stock Exchange in Canada, with its common shares trading under the ticker symbol MMG. In addition to the TSXV, the natural resource exploration company lists and trades its common shares on the OTCQB market in the United States under the stock symbol MMNGF.
The Vancouver-based metal miner owns a 100 per cent stake in the Keno Silver Project, located in Yukon Territory, Canada. The flagship project of Metallic Minerals consists of a brownfield landholding spanning over 166 square kilometers.
The project is equipped with highways and roads, power supply and other mine infrastructural facilities from nearby towns. The property is in proximity to and in line with Alexco Resource Corp.’s project operations.
The Keno Silver Project comprises numerous trends and prospects in three different zones, which includes:
• West Keno -- Husky, Bermingham and Elsa with two target areas Formo and Silver Queen.
• Central Keno -- Keno Summit, Flame and Moth, and Lucky Queen.
• East Keno targets.
Metallic Minerals Corp. also operates the La Plata Project with a total area of 33 square kilometers northwest of Durango along the Colorado Mineral Belt. The La Plata Property comprises gold and silver-bearing porphyry copper mineralization with epithermal vein structures and carbonate replacement deposits.
Metallic Minerals holds a 100 per cent ownership stake in the McKay Hill Project which spans over a total area of 44 square kilometers some 50 kilometers north of the Keno Hill Silver Pamp. The project comprises high-grade polymetallic mineralization, including silver, lead, zinc, gold, and copper. The exploration and drilling programs by the company led to the discovery of at least 37 mineralized vein structures onsite.
Additionally, Metallic Minerals Corp. is involved in two royalty projects in the Klondike Gold District, near Dawson City, Yukon Territory:
• Australian Creek Royalty Project with a total area of 36.4 square kilometers along with bench mineral rights.
• Dominion Creek Alluvial Royalty Project comprises ten mineral concessions covering 1.6 kilometers.
Metallic Minerals Corp. is conducting various exploration operations, including drilling, test work, sampling, and research work to identify new target areas and prospects to enhance the mineral resource potential of its projects. Metallic Minerals is a member of the Metallic Group of Companies and follows a systematic mineral exploration approach to minimize the risks and create shareholder value for the long term.