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Metallic Minerals Corp - MMNGF STOCK NEWS

Welcome to our dedicated news page for Metallic Minerals (Ticker: MMNGF), a resource for investors and traders seeking the latest updates and insights on Metallic Minerals.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Metallic Minerals's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Metallic Minerals's position in the market.

Rhea-AI Summary
Metallic Minerals Corp. announces final results from the 2023 drill campaign at the La Plata project in Colorado, revealing significant copper-silver-gold-Platinum Group Element mineralization. The exploration program aimed to expand on the existing inferred mineral resource and define controls to higher-grade mineralization. Newmont 's strategic equity investment funded the campaign, leading to the discovery of broad zones of mineralization and new drill targets. The project remains open for expansion, with advanced hyperspectral surveys and potential critical minerals resources identified by the USGS.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.67%
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Rhea-AI Summary
Metallic Minerals Corp. announces a significant mineral resource estimate for the Keno Silver Project in Yukon, Canada, totaling 18.16 million ounces of silver equivalent. The project shows clear potential for growth with additional drilling and exploration. The company plans to expand resources in 2024 and provide updates on other projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
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Rhea-AI Summary
Metallic Minerals Corp. appoints Dr. M. Stephen Enders, a seasoned expert in mineral exploration and mining, to its Board of Directors. Dr. Enders brings over 47 years of experience, including roles at major companies like Newmont Mining Corporation and Phelps Dodge Exploration Corporation. Additionally, Metallic Minerals grants 1,875,000 stock options to key personnel as part of its Long-Term Performance Incentive Plan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.37%
Tags
management
Rhea-AI Summary
Metallic Minerals Corp. announces the 2024 Resource Estimate for Keno Silver project in Yukon Territory, with 2.5Mt Inferred Resource at 223g/t AgEq totaling 18.16Moz of silver equivalent. Significant resource expansion expected through further drilling. Company to participate in PDAC 2024 Convention in Toronto.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.37%
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Rhea-AI Summary
Metallic Minerals Corp. (TSXV:MMG)(OTCQB:MMNGF) has announced the results from its fall 2023 exploration drilling campaign at the Company's 100%-owned, 171 square kilometer Keno Silver project in Canada's Yukon Territory. The drilling program included 1,112 meters in four diamond drill holes, with one of the best intercepts to date returning grades of 256 grams per tonne silver equivalent over 46 m. The Company is anticipating the forthcoming inaugural NI-43-101 mineral resource estimate for the Keno Silver project, which is currently nearing completion by SGS Geological Services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.21%
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Rhea-AI Summary
Metallic Minerals Corp. (TSXV:MMG)(OTCQB:MMNGF) completed 2023 field activities at La Plata copper-silver-gold-PGE project in Colorado. The exploration program included 4,530 meters in 4 diamond drill holes to expand mineral resource and test porphyry-style mineralization. Newmont Mining acquired a 9.5% ownership position in Metallic Minerals to accelerate the project. The 2023 drilling extended mineralization to over 1.5 kilometers vertically, and airborne hyperspectral surveys were completed to allow for detailed mineral and alteration mapping. The company anticipates adding gold, platinum, and palladium to the current copper and silver resource. The Allard deposit remains open to significant expansion, and several new high-priority targets outside of the Allard resource area have been identified.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.5%
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Rhea-AI Summary
Metallic Minerals Corp. holds valuable assets in precious metal and critical mineral exploration and development. They have the La Plata copper-silver-gold project in Colorado and the Keno Silver project in the Yukon Territory. Assay results from drilling are expected in Q4 2023 and Q1 2024. Metallic is also collaborating on alluvial gold royalty properties with Parker Schnabel of Discovery Channel's 'Gold Rush'. They received a 9.5% strategic investment from Newcrest, netting $6.3 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.43%
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Rhea-AI Summary
Metallic Minerals Corp. completes field activities at the Keno Silver project and continues drilling at the La Plata project.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
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Rhea-AI Summary
Metallic Minerals provides update on drilling at La Plata project, potential to expand resource and increase overall grade
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.11%
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Rhea-AI Summary
Metallic Minerals Corp. (TSX.V:MMG)(OTCQB:MMNGF) announces a 25% increase in contained metal in its updated National Instrument 43-101 Mineral Resource Estimate for the La Plata project. The expansion is driven by a major discovery in drill hole LAP22-04, with inferred mineral resources totaling 1,211 million pounds of copper and 17.6 million ounces of silver. The resource remains open to expansion, and future estimates will add gold, platinum, and palladium to the resource.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.08%
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Metallic Minerals Corp

OTC:MMNGF

MMNGF Rankings

MMNGF Stock Data

42.22M
123.01M
27.63%
0.62%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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Canada
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