Metallic Minerals announces mobilization of the first of two drills planned to be utilized in carrying out the 2020 exploration program on the Company's 100%-owned Keno Silver project in the high-grade Keno Hill silver district of Canada's Yukon Territory. The 166 square kilometer property is the second largest land position in the district, directly adjoining Alexco Resource Corp., which is set to return to production in [...]
Metallic Minerals Corp. is pleased to announce appointments to its board of directors and technical advisory board industry veterans recognized for their significant collective accomplishments in mine development and operations, processing expertise, and track record of discoveries in the Americas and internationally. Peter Harris - Independent Director Mr. Peter Harris is a mining engineer with over 40 years of global [...]
Metallic Minerals Corp. is pleased to report on exploration results and ongoing 3D modelling at the West Keno targets on its 100%-owned, 166 square kilometer Keno Silver project within the Yukon's high-grade Keno Hill silver district. These results focus on Keno Hill style high-grade silver-lead-zinc mineralization at the Formo, Silver Queen and Duncan Creek priority target areas. Future news releases covering the Keno [...]
Metallic Minerals Corp. announces the appointment of Rebecca Moriarty of Malaspina Consultants Inc. as Chief Financial Officer, effective immediately. Ms. Moriarty is a Chartered Professional Accountant and has over 20 years of experience in the mining industry. As a senior member of the Malaspina team, she focuses on the resource sector, drawing on her unique combination of technical and business accounting expertise [...]
Metallic Minerals Corp. is pleased to provide a summary of progress made over the past 12 months and an overview of planned exploration programs for 2020 at its flagship Keno Silver project, and McKay and Silver Hill project in the Yukon and La Plata silver-gold-copper project in Colorado. Highlights During the past year, Metallic Minerals completed significant exploration programs on its Yukon and Colorado projects [...]
Eric Sprott announces that, on October 18, 2019, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired through a private agreement ownership of 12,500,000 units of Metallic Minerals Corp., at price of $0.156 per unit for aggregate consideration of $1,950,000. Each unit consists of one common share and one-half of one common share purchase warrant of Metallic Minerals. Each whole warrant entitles [...]
Metallic Minerals Corp. announces the closing of the previously announced non-brokered private placement of total gross proceeds of $2,750,000 through the issuance of 12.5 million flow-through units at a price of $0.22 per Unit . Each Unit consists of one common share and one-half of one common share purchase warrant . Each whole Warrant entitles the holder to acquire one common share at an exercise price of $0.25 for a [...]
Metallic Minerals Corp. announces a non-brokered private placement of $2,750,000 through the issuance of 12.5 million flow-through units at a price of $0.22 per Unit . Each Unit consists of one common share and one-half of one common share purchase warrant . Each whole Warrant entitles the holder to acquire one common share at an exercise price of $0.25 for a period of 24 months following the closing date of the Private [...]
Metallic Minerals Corp. is pleased to announce that it has entered into an option agreement to acquire a 100% interest in the La Plata silver-gold-copper property in southwest Colorado from two private vendors. The road accessible property covers 32.7 square kilometers approximately 26 kilometers northwest of Durango, Colorado within the historic high-grade La Plata mining district located at the southern end of the [...]
Metallic Minerals Corp. is pleased to provide the second of a series of news releases covering its Keno Silver Project, directly adjoining Alexco Resource Corp’s operations, in the Yukon Territory of Canada. These results reflect work conducted to date on the central 12 km of the 35 km-long Keno Hill Silver District , with results from Keno East having been previously announced. The Keno Hill Silver District is [...]
Metallic Minerals Corp. is pleased to announce that all of the remaining warrants from its June 30, 2016 financing have been fully exercised for gross proceeds of $1,746,600. Directors, management, and employees of the Company exercised 100% of their warrants, contributing $670,000 to the proceeds and thereby increasing their ownership in Metallic Minerals to a total of 17.5%. Proceeds from exercise of these warrants will [...]
Metallic Minerals Corp. is pleased to provide a comprehensive update on its Keno Silver project as the first of a series of news releases covering its property packages within the East, Central and West Keno Hill Silver District, directly adjoining Alexco Resource Corp.’s operations, in the Yukon Territory of Canada. Keno Hill Silver District Map East Keno Targets - Soils The Keno Hill Silver District is recognized [...]