Welcome to our dedicated page for Metallic Minerals news (Ticker: MMNGF), a resource for investors and traders seeking the latest updates and insights on Metallic Minerals stock.
Metallic Minerals Corp. reports exploration and development updates for a portfolio of copper, silver, gold, platinum group element and critical minerals assets in North America. The company’s recurring news centers on the La Plata project in southwestern Colorado, including NI 43-101 mineral resource estimates, technical reports and process research on copper-silver-gold-PGE sulphide mineralization.
Company updates also cover high-grade silver exploration at the Keno Silver project in Yukon, alluvial gold claims and production royalty partnerships in the Yukon, and portfolio actions involving non-core properties. Additional announcements include exploration planning, mineral resource work, strategic investment context, and industry presentations tied to its U.S. and Canadian mineral projects.
Metallic Minerals (OTCQB:MMNGF) will participate in the U.S. Department of Energy’s Genesis Mission through the AGAPEX AI research initiative, led by Colorado School of Mines, to develop AI-enabled tools for critical minerals exploration. La Plata in Colorado was selected as one of two initial test systems, representing an alkalic polymetallic porphyry case against Arizona’s calc-alkaline Copper Triangle benchmark.
The company will contribute its extensive La Plata datasets and expertise, gaining access to national AI frameworks and high-performance computing. La Plata hosts an Inferred Mineral Resource of 181.4 million tonnes at 0.36% copper equivalent, including about 1.3 billion pounds of copper and 17.0 million ounces of silver, plus newly incorporated platinum group elements and gold.
Metallic Minerals (OTCQB:MMNGF) completed a non-brokered private placement with Newmont, which exercised participation rights under a 2023 Investor Rights Agreement. Newmont purchased 3,224,700 units at $0.28 per unit for gross proceeds of $902,916, on the same terms as Metallic’s recent $10.3 million bought deal financing.
Each unit includes one common share and one-half warrant; each whole warrant allows purchase of one share at $0.40 for 36 months, starting 61 days after closing. This financing maintains Newmont’s approximate 9.2% ownership. Metallic plans to use proceeds to advance its La Plata copper-silver-PGE-gold and critical minerals project in Colorado and for general purposes. The updated 2026 NI 43-101 Inferred resource at La Plata is 181.4 Mt at 0.36% CuEq, containing 1,307 Mlbs Cu, 17.0 Moz Ag (1,455 Mlbs CuEq) and, for the first time, platinum, palladium and gold totaling about 272,000 oz of PGEs plus gold in a 45.4 Mt subset.
Metallic Minerals (OTCQB:MMNGF) closed an upsized bought deal LIFE private placement for aggregate gross proceeds of C$10.29 million. The financing included 18,906,985 units at C$0.28 and 12,988,000 charity flow-through units at C$0.385, each with half a warrant exercisable at C$0.40 to June 22, 2029.
Net proceeds from units will fund the La Plata copper-silver-gold-PGE project and general corporate purposes, while charity flow-through proceeds will fund qualifying exploration at the Keno Silver Project. Underwriters received C$666,672.66 in cash fees and 1,747,627 broker warrants. Closing remains subject to final TSX Venture Exchange approval.
Metallic Minerals (OTCQB:MMNGF) upsized its bought deal LIFE private placement from C$8.0 million to C$10.0 million, issuing 17,858,000 Units at C$0.28 and 12,988,000 Charity FT Units at C$0.385.
Each Unit and Charity FT Unit includes one share and half a warrant exercisable at C$0.40 for 36 months after a 61‑day post‑closing delay. An underwriters’ option could add up to C$2 million. Net Unit proceeds will fund the La Plata Project and corporate needs, while Charity FT proceeds will fund qualifying exploration at the Keno Silver Project, to be incurred by December 31, 2027 and renounced effective December 31, 2026. Closing is targeted for June 22, 2026, subject to TSX Venture Exchange and other approvals.
Metallic Minerals (OTCQB:MMNGF) arranged a bought deal LIFE private placement for gross proceeds of C$8,000,230. The Underwriters will buy 14,286,000 Units at C$0.28 and 10,390,000 Charity FT Units at C$0.385, each with half-warrants exercisable at C$0.40.
The Underwriters hold an over-allotment option for up to C$2,000,000 more. Net Unit proceeds will fund the La Plata Project and corporate purposes; Charity FT funds will support Keno Silver exploration. Closing is expected on June 22, 2026, subject to TSXV and other approvals.
Metallic Minerals (OTCQB:MMNGF) appointed Regina Molloy as Vice President, Exploration, Miguel Nassif as Lead Geoscientist, and Allison Coppel as Senior ESG Advisor. The moves expand technical, targeting, ESG, and community engagement capabilities for the La Plata and Keno Silver projects.
Management will also attend the Western Mining Summit in Denver from May 20-22, 2026 to meet investors, stakeholders, and U.S. officials.
Metallic Minerals (OTCQB:MMNGF) is expanding its Yukon alluvial gold royalty portfolio from one to three operating partners for the 2026 season across Australia Creek, Dominion Creek, and South Keno/Granite Creek.
The company reports over $1.1 million in cumulative royalty gold value since 2023 and sees potential for record 2026 royalty production and cash flow.
Metallic Minerals (OTCQB:MMNGF) entered a three-year option agreement with Argyle Resources for the McKay Hill property, 50 km north of Keno Hill, Yukon. Total consideration is $2.25 million via $450,000 cash, $600,000 in shares (10-day VWAP) and $1.2 million in work expenditures.
Argyle has made initial payment and issued 1,332,149 shares to Metallic. Upon exercise, Metallic retains equity in Argyle plus an aggregate 3.5% NSR, partially subject to buyback provisions. McKay Hill hosts multiple kilometre-scale silver-gold polymetallic targets.
Metallic Minerals (OTCQB:MMNGF) filed a NI 43-101 technical report for the La Plata project (effective Jan 23, 2026) describing an updated 2026 MRE. The Inferred resource rose ~23% to 181.4 Mt at 0.36% CuEq, containing 1,307 Mlbs Cu and 17.0 Moz Ag (1,455 Mlbs CuEq).
A 45.4 Mt subset now reports 91,000 oz Pt, 121,000 oz Pd and 60,000 oz Au (~272,000 oz PGE+Au). Metallurgical work with Columbia University showed electrochemical recovery of 99.9% pure copper.
Metallic Minerals (OTCQB: MMNGF) will exhibit at the 2026 PDAC Convention in Toronto from March 1–4, 2026 at Booth #2724 in the Metro Toronto Convention Centre. Management will provide updates on La Plata (Colorado) and the 100%-owned Keno Silver project (Yukon).
The booth is shared under The Metallic Group with Stillwater Critical Minerals, and attendees are invited to meet management to discuss recent progress, the Newmont strategic investment in La Plata, and upcoming catalysts across Metallic Minerals' portfolio.