Scott Petsel, President of Metallic Minerals (TSX.V:MMG – OTCQB:MMNGF), joins us to review some of the final drill results from the 2021 exploration program that were released to the market on May 26th from the Keno Silver Project in the Yukon. We discussed the dual nature of both the encouraging drill intercepts of high-grade narrow vein material in tandem with the wider intercept broad mineralization packages returned from the Formo target in Keno West, as well as the Caribou target in the Central Keno Area and from Keno East. We review the big picture exploration strategy for 2022 as being focused on resource drilling with the plan to compile the last few years programs into a maiden resource for next year, but also balanced with true blue-sky discovery drilling at many of the prospective targets on their 35km mineralized trend.
Next we transitioned down to the exploration plans for 2022 at the La Plata project near Durango, Colorado. There are 16 different potential copper-rich porphyry centers that the exploration team wants to test at La Plata, as well as following up on the higher-grade gold/silver epithermal vein systems, to continue making discoveries and adding to existing resources. On April 26th, the Company released a NI 43-101 compliant Maiden Resource Estimate at the, that came in at 115.7 million tonnes at an average grade of 0.39% copper equivalent (0.35% Cu and 4.02 g/t Ag) using a 0.25% Cu Eq cut-off grade. The company will be releasing the exploration plans for both the Keno Silver project and the La Plata project in the near future,
If you have any follow up questions for Scott on Metallic Minerals, then please email us at either Fleck@kereport.com or Shad@kereport.com.
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