Metallic Minerals Defines 985 Million Pounds of Copper Equivalent in Inaugural NI 43-101 Mineral Resource Estimate for the La Plata Project in Colorado, USA

Apr 26, 2022

VANCOUVER, BC / ACCESSWIRE / April 26, 2022 / Metallic Minerals (TSXV:MMG, Financial)(OTCQB:MMNGF) ("Metallic Minerals", , or the "Company") is pleased to announce the first National Instrument 43-101 ("NI 43-101") mineral resource estimate (the "2022 Resource Estimate") on the Company's La Plata project, which focuses on the central Allard copper-silver porphyry deposit. The Company acquired the project in 2019 and with confirmatory drilling and sampling has quickly generated a NI 43-101 compliant resource estimate consisting of 115.7 million tonnes at an average grade of 0.39% copper equivalent ("Cu Eq") (0.35% Cu and 4.02 g/t Ag) using a 0.25% Cu Eq cut-off grade.

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