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Metallic Minerals Announces Acquisition of Additional High-Grade Claims in the Keno Hill Silver District

VANCOUVER, BC / ACCESSWIRE / September 7, 2022 / Metallic Minerals (TSX.V:MMG)(OTCQB:MMNGF) ...

articleMetallic Minerals Corp.September 7, 20224/company/metallic-minerals-corp/news/metallic-minerals-announces-acquisition-of-additional-high-grade-claims-in-the-keno-hill-silver-district
Metallic Minerals Announces Acquisition of Additional High-Grade Claims in the Keno Hill Silver District

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[{"type":"text","content":"Metallic Minerals Announces Acquisition of Additional High-Grade Claims in the Keno Hill Silver DistrictVANCOUVER, BC / ACCESSWIRE / September 7, 2022 / Metallic Minerals (TSX.V:MMG)(OTCQB:MMNGF) (\"Metallic Minerals\", or the \"Company\") is pleased to announce that it has acquired 100% interest in 5 square kilometres (\"km2\") of new mineral properties in the Keno Hill silver district of Canada's Yukon Territory, bringing the Company's total district hard-rock land position to 171 km2. Each of these newly acquired properties have demonstrated the presence of high-grade Keno-style silver-lead-zinc mineralization and are adjacent to, or contiguous with, Metallic Minerals' Keno Silver property and the Keno Hill properties now owned by Hecla Mining following the completion of the acquisition of Alexco Resources (see Figure 1). Acquisition HighlightsNabob and Faro Claims - In the Keno Summit area, the Nabob claim hosts the Keno Hill \"Main\" vein and its numerous offshoots where drilling in 2012 returned impressive results (NA-12-02, 0.4 meters (m) of 4,090.6 grams per ton (g/t) Silver Equivalent (Ag Eq) (3,140 g/t Ag, 0.86 g/t Au, 22.37% Pb and 0.25% Cu), that led to high-grade surface mining of 65 tons of ore material over 4,200 g/t Ag (see Table 1)1. The Nabob Main vein was successfully targeted by two Metallic Minerals drill holes in its 2022 field program and assay results are pending.Rage 1-3 Claims - The Rage claims cover the Rain and Shine target area where a typical Keno-style Ag-Pb-Zn vein has been sampled at surface and returned grades to 889.1 g/t Ag Eq in grab samples from the vein. The Rain and Shine mineralization appears to occur at the intersection of the Flame & Moth and Onek trends, which host 41.5 million ounces of silver (\"Moz Ag\") and 4.3 Moz Ag respectively, in mineral reserves and M&I resources2. Well located regarding infrastructure, the Rage claims are crossed by the Bellekeno mine-to-mill haul road, only 600 meters from the Hecla Mill.The Tveter-Pavlovich claims on the south side of Sourdough Hill, 500 meters from Hecla's Bellekeno mine, is associated with extension of structures from the Bellekeno deposit which has produced 7.9 Moz Ag5 and hosts 4.75 Moz Ag in current reserves and M&I resources2. These potential extensions were tested by drilling at the Tveter-Pavlovich claim boundary in 20...

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