Business

Metallic Minerals Highlights Significant Critical Minerals Potential Including Rare Earth Elements and Other Strategic Metals at La Plata Project in Colorado

VANCOUVER, BC / ACCESS Newswire / May 1, 2025 / Metallic Minerals Corp. (TSXV:MMG)(OTCQB:MMNG...

articleMetallic Minerals Corp.May 1, 20254/company/metallic-minerals-corp/news/metallic-minerals-highlights-significant-critical-minerals-potential-including-rare-earth-elements-and-other-strategic-metals-at-la-plata-project-in-colorado
Metallic Minerals Highlights Significant Critical Minerals Potential Including Rare Earth Elements and Other Strategic Metals at La Plata Project in Colorado

About this update from Metallic Minerals Corp.

[{"type":"text","content":"Metallic Minerals Highlights Significant Critical Minerals Potential Including Rare Earth Elements and Other Strategic Metals at La Plata Project in Colorado VANCOUVER, BC / ACCESS Newswire / May 1, 2025 / Metallic Minerals Corp. (TSXV:MMG)(OTCQB:MMNGF) (\"Metallic Minerals\" or the \"Company\") is pleased to announce the identification of significant potential for co-product critical minerals at its flagship La Plata copper-silver-gold-platinum group elements (\"PGE\") project, located in the prolific La Plata Mining District of southwest Colorado. Recent exploration and geochemical analyses have demonstrated elevated levels of critical minerals including light rare earth elements (\"REEs\") with lanthanum (\"La\") and heavy REEs with yttrium (\"Y\"). In addition to light and heavy REEs, the company has also discovered significant concentrations of fluorine (\"F\"), gallium (\"Ga\"), scandium (\"Sc\"), tellurium (\"Te\") and vanadium (\"V\").These critical minerals co-occur with and add to the project's already well-established essential and critical mineral endowment of copper (\"Cu\"), platinum (\"Pt\"), palladium (\"Pd\") along with its silver (\"Ag\") and gold (\"Au\").These findings underscore La Plata's potential to emerge not only as a significant copper and precious metal (Ag, Au, Pt and Pd) resource, but also as a strategic source of critical minerals in the U.S. that are essential for supply chains to support advanced technologies, clean energy and defense applications.U.S. Government Strategic Priorities for Critical MineralsIn recognition of its geological potential, the U.S. Geological Survey (\"USGS\") has designated the La Plata Mining District as a Critical Minerals Resource Area under the bipartisan Earth Mapping Resources Initiative (\"Earth MRI\"). Prior sampling work by the U.S. Bureau of Mines at La Plata had shown enriched REEs and other critical minerals in the system.Among the 55 critical minerals identified by the USGS as vital to U.S. national security and economic resilience, five of the most import-dependent elements - along with both light and heavy REEs - have now been confirmed at La Plata. With current domestic sources for many of these elements nearly nonexistent, La Plata represents a rare, combined critical mineral and base/precious metal system within the USA.The U.S. Government's Crit...

More updates from Metallic Minerals Corp.