Metallic Minerals Corp. announces that, effective immediately, Mr. Tim Thiessen has been appointed to the role of Chief Financial Officer for an interim period. Mr. Thiessen was previously CFO of Metallic Minerals from September 2016 to September 2018. Metallic is pleased to have him step into the position to replace Mr. Mathew Lee who has stepped down in order to concentrate on his CFO roles with other listed companies [...]
Metallic Minerals Corp. announces that company representatives will be attending the Prospectors & Developers Association of Canada International Convention to be held at the Metro Toronto Convention Centre in Toronto, Canada from Sunday March 3rd to Wednesday March 6th. Metallic Minerals will be exhibiting in the Investors Exchange throughout the conference at booth #3018 as a member of the Metallic Group of Companies [...]
Metallic Minerals Corp. announces additional high-grade results from the 2018 exploration programs conducted at its 100% owned McKay Hill Project, located 50 kilometers north of the historic Keno Hill Silver District in the Yukon Territory, and adjacent to ATAC’s Rackla property. Although earlier stage than the Company’s Keno Silver Project to the south, Metallic see’s similar potential for a district [...]
Metallic Minerals Corp. is pleased to announce initial results from the 2018 exploration program conducted at its 100% owned McKay Hill Project, located 50 km north of the historic Keno Hill Silver District, and adjacent to ATAC’s Rackla Property, in the Yukon Territory. Highlights include the outline of six areas of highly elevated silver, lead, zinc, copper and gold in soils of 1 to 1.5 km in length that remain [...]
Metallic Minerals Corp. announces that it has closed two concurrent, non-brokered private placements resulting in total gross proceeds to the Company of $900,834 through the issuance of 4,039,971 units. Metallic Minerals will issue 3,415,221 non-flow-through units at a price of $0.22 per unit for total gross proceeds of $751,350, where each non-flow-through unit will consist of one common share of the Company and one-half [...]
Metallic Minerals Corp. announces that it has entered into a production royalty agreement covering a total of four additional miles of valley bottom and bench alluvial claims in two blocks of its Australia Creek property. The Company has granted exclusive mining rights to an experienced alluvial mining operator in exchange for a 10% royalty on all gold production. The property is road accessible and permitted for [...]
Metallic Minerals Corp. is pleased to provide an update on the 2018 field season at its 100%-owned McKay Hill silver and Keno silver projects. Work at McKay Hill was highlighted by the discovery of numerous new mineralized vein structures. Among this year’s priority target areas was the historically identified Central Zone. As a result of this year’s findings, an additional 42 claims were staked on new [...]
VANCOUVER, British Columbia, July 31, 2018 -- Metallic Minerals Corp. is pleased to announce that it has completed a non-brokered private placement for aggregate proceeds of $1,540,377 through the issuance of 4,667,810 common shares on a flow-through basis at a price of $0.33 per FT Share . The issue price of the Private Placement represents an approximate 10% premium to the five-day volume weighted average trading price [...]
Metallic Minerals is pleased to provide an exploration update on progress at its ongoing drill programs at the Company’s Keno Silver Project, and the results of historic data compilation and geologic modelling work at its recently-acquired Formo property. Western Keno Hill Silver District showing past producing mines and current resources. Long Sections for the Formo deposit showing the two main parallel vein [...]
VANCOUVER, British Columbia, May 09, 2018 -- Metallic Minerals Corp. is pleased to announce its 2018 exploration program at its 100%-owned Keno Silver Project in Canada’s Yukon Territory. Plans for 2018 follow on the success of the inaugural program in 2017, which advanced three targets to the resource delineation stage, six targets to drill-ready status, and identified a number of earlier stage priority targets for [...]
Metallic Minerals is pleased to announce that it has completed a private placement for aggregate proceeds of $1.38 million through the issuance of 3.45 million common shares on a non-brokered flow-through basis at a price of $0.40 per flow-through share , which represents an approximate 5% premium to the five day VWAP on the TSX Venture Exchange . Proceeds from the Private Placement are intended to be used toward eligible [...]
VANCOUVER, British Columbia, Dec. 21, 2017 -- Metallic Minerals Corp. is pleased to announce drill results from six holes drilled on two parallel vein targets on the Homestake block at its 100%-owned Keno Silver Project in Canada’s Yukon Territory. A total of 1,320 meters of diamond drill core was collected from 14 holes drilled in 2017 on areas prioritized during initial exploration work, namely two vein targets at [...]