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Metallic Minerals Announces Filing of NI 43-101 Technical Report for the La Plata Project Mineral Resource Estimate, Colorado, USA
VANCOUVER, BC / ACCESS Newswire / March 16, 2026 / Metallic Minerals Corp. (TSX.V:MMG)(OTCQB:...
About this update from Metallic Minerals Corp.
[{"type":"text","content":"Metallic Minerals Announces Filing of NI 43-101 Technical Report for the La Plata Project Mineral Resource Estimate, Colorado, USAVANCOUVER, BC / ACCESS Newswire / March 16, 2026 / Metallic Minerals Corp. (TSX.V:MMG)(OTCQB:MMNGF)(FSE:9MM1)(\"Metallic\" or the \"Company\") is pleased to report that, further to its January 26, 2026 news release, it has filed on SEDAR+ the National Instrument 43-101 technical report entitled \"NI 43-101 Technical Report, Allard Cu-Ag-PGE-Au Porphyry Deposit, La Plata Project, Southwestern Colorado, USA\". The Technical Report was prepared by SLR USA Advisory Inc., with an effective date of January 23, 2026.Greg Johnson, Chairman and CEO of Metallic Minerals, stated, \"The recently filed 2026 NI 43-101 Mineral Resource Estimate at the La Plata project marks a major milestone for the Company. The updated estimate expands the Inferred resource tonnage by approximately 23% to 181.4 Mt at 0.36% copper equivalent, containing 1,307 Mlbs of copper and 17.0 Moz of silver (1,455 Mlbs CuEq). Importantly, this updated estimate incorporates platinum, palladium and gold for the first time, with a 45.4 Mt subset now reporting 91,000 oz Pt, 121,000 oz Pd and 60,000 oz Au totaling ~272,000 oz of platinum group elements plus gold, which enhances the overall value and metal diversity of the deposit.The La Plata project represents a rare large-scale U.S. based mineral system hosting many critical minerals identified as strategically important to U.S. supply chains. Located in southwest Colorado, the project is an alkalic porphyry copper-silver-PGE-gold system hosting a broad suite of critical minerals within accessory phases including magnetite, fluorapatite, titanite, and zircon. These minerals collectively host light and heavy rare earth elements along with six additional priority critical minerals including gallium, scandium, vanadium, titanium, zirconium and hafnium-many of which face severe U.S. supply vulnerabilities or 100% import dependence.\"In collaboration with Columbia University, ongoing metallurgical work has demonstrated electrochemical recovery of 99.9% pure copper from La Plata mineralization. These results support evaluation of alternative processing technologies that may complement conventional mineral processing methods with additional results from continued work pending.Highlights from the January...