Metallic Minerals Corp.

Metallic Minerals Corp. is a leading exploration and development stage company focused on copper, silver, gold and other critical minerals in the La Plata mining district in Colorado, and silver and gold in the high-grade Keno Hill and Klondike districts of the Yukon. Our objective is to create shareholder value through a systematic, entrepreneurial approach to making exploration discoveries, growing resources, and advancing projects toward development.

At the Company’s La Plata project in southwestern Colorado the 2022 inaugural NI 43-101 mineral resource estimate identified a significant porphyry copper-silver resource containing 889 Mlbs copper and 15 Moz of silver. Results from 2022 expansion drilling intercepted the longest and highest-grade interval ever encountered at La Plata and one of the top intersections for any North American copper project in the past several years. An updated NI 43-101 resource estimate for the La Plata project incorporating these results is expected in Q2 2023.

In Canada’s Yukon Territory, Metallic Minerals has consolidated the second-largest land position in the historic high-grade Keno Hill silver district, directly adjacent to Hecla Mining’s operations, with more than 300 million ounces of high-grade silver in past production and current M&I resources. Hecla Mining Company, the largest primary silver producer in the USA and third largest in the world, completed the acquisition of Alexco Resources and their Keno Hill operations in September 2022. Hecla is targeting to start production at the Keno Hill operations by Q3 2023. Metallic is anticipating the announcement of inaugural mineral resource estimate at Keno Silver in the second half of 2023.

Metallic Minerals is also one of the largest holders of alluvial gold claims in the Yukon and is building a production royalty business by partnering with experienced mining operators, including Parker Schnabel of Little Flake Mining from the hit television show Gold Rush on the Discovery Channel.

All of the districts in which Metallic Minerals operates have seen significant mineral production and have existing infrastructure, including power and road access. Metallic Minerals is led by a team with a track record of discovery and exploration success on several major precious and base metal deposits in the region, as well as having large-scale development, permitting and project financing expertise. The Metallic Minerals team has been recognized for its environmental stewardship practices and is committed to responsible and sustainable resource development.

Metallic Minerals Corp. is a billboard sponsor of Streetwise Reports and paid a fee for this company profile page. Please refer to the important disclosures below for additional details.

Recent Articles:

Silver Co. A Buy After Significant Reactions

Contributed Opinion
Technical Analyst Clive Maund takes a look at Metallic Minerals Corp.'s 6-month chart to tell you why he believes it is an Immediate Buy.
Tags:  Silver

Metals Exploration Co. Gets US$6.3M From Newcrest

Research Report
The recipient will use the capital to advance its mining project in Colorado, where it is about to start an expansion drill program, noted a Couloir Capital report.

Newcrest Invests in Junior Explorer and Colo. Project

Mining major Newcrest invests in Metallic Minerals Corp. to advance its La Plata copper-silver-gold-platinum group project in Colorado.

Best Gold and Silver Mining Discoveries of April

Today we review the most impressive drill and resource estimate results reported on Streetwise Reports in April. Read to see the results and what experts are saying about some of these prolific mining companies.
Tags:  GoldSilver

Drill Results Bring Junior Closer to Resource Estimate in Yukon

Metallic Minerals Corp. announces the final results from its 2022 drilling campaign at its flagship 100%-owned Keno Silver project in the Yukon Territory.
Tags:  Silver

Co. Signs Royalty Agreement With 'Gold Rush' TV Show Star

Research Report
This and major exploration milestone achievements are recent significant events for the Canadian mining exploration firm, noted a Couloir Capital report.

More Articles

Expert Comments:

Clive Maund,

"Metallic Minerals Corp.'s accumulation line is very positive indeed as it is already making news highs despite the drop in the price, and this holds out the promise of a new uptrend getting going soon. . .the company is therefore rated an immediate Speculative Buy here for all time frames."

Couloir Capital

"We are encouraged by the strategic investment in Metallic Minerals Corp.'s La Plata project by mining major, Newcrest. The $6.3M investment for a 9.5% ownership stake values the company at $66M, nearly 24% more than the current market cap of $53M."

Clive Maund,

"With Metallic Minerals Corp., an intermediate base has been forming over the past two weeks or so that promises to lead to a second upleg. . .with a volume breakout having occurred on Friday, March 24, the expected second upleg is believed to be imminent. . .the company is therefore rated an immediate Strong Speculative Buy for all time frames."

Couloir Capital

"Metallic Minerals Corp. entered into a royalty agreement on its Australia Creek property with Parker Schnabel of Discovery Channel's top-rated television series, "Gold Rush". . .with a positive 2022 exploration program and a celebrity royalty deal, we believe the company will look to build on recent strength and maintain momentum going into the rest of 2023."

Capital Cube

"For the quarter ending Oct. 31, 2022, Metallic Minerals Corp. has current assets of CA$2.25M. . .working capital is CA$1.98M. . .the company has enough money to finance its operations for a year and does not need to raise capital in the immediate future."

More Expert Comments

Experts Following This Company

Couloir Capital – Couloir Capital
headshot of Brien Lundin
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Clive Maund –

Company News 

9/14/2023 – Metallic Minerals Provides Update on Expansion Drilling at La Plata Copper-Silver-Gold-PGE Project in Southwest Colorado, USA

7/31/2023 – Metallic Minerals Expands Resource at La Plata Copper-Silver-Gold-PGE Project in Southwestern Colorado, USA

7/11/2023 – Metallic Minerals Launches First Phase Drill Program at the La Plata Copper-Silver-Gold-PGE Project in Southwest Colorado, USA

Important Disclosures
Metallic Minerals Corp. is a Billboard advertiser of Streetwise Reports and pays a flat fee. Fees fund both sponsor-specific activities and general report activities. Sponsor-specific activities may include aggregating content and publishing that content on the Streetwise Reports site, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Streetwise Reports to publish and syndicate investment opinion and comments, and also to curate or create sector-specific content. Billboard advertising monthly fees range from $3,000 to $5,000. This landing page contains a summary of the company that was prepared by that company. Some landing pages contain investing highlights and a catalyst calendar that are prepared by that company. The Expert Comments and Experts Following This Company sections of the landing page are compiled by Streetwise Reports. There may be other information about the company that is not placed on the landing page, and Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on the landing page. Readers should conduct their own research for all information publicly available concerning the company. This landing page may be considered advertising for the purposes of 18 U.S.C. 1734.

streetwise book logo Streetwise Company Fact Sheet

2023/9/28 4:58:35


Analyst coverage

Couloir CapitalCouloir Capital

Newsletter coverage

Company News

View Latest News

Streetwise Reports Articles

07/07/2023 - View Article
06/23/2023 - View Article
05/19/2023 - View Article
05/12/2023 - View Article
04/17/2023 - View Article

Streetwise - Metallic Minerals Corp. Ownership Overview*

Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCQB)

*Share Structure as of 5/10/2023
Investing Highlights
High-grade silver project adjacent to Hecla Mining in Keno Hill District of Yukon, Canada
Copper-silver-gold project in Colorado mineral belt with nearly 1 billion pounds copper equivalent in initial resources
Experienced management and technical team with a track record of major discoveries and exploration success
catalyst Calendar
Updated resource estimate at La Plata project
Launch of 2023 drill campaign at La Plata
Launch of 2023 drill campaign at Keno Silver Project