Business
Metallic Minerals Provides Corporate Update and Responds to Recent Market Activity
VANCOUVER, BC / ACCESS Newswire / January 2, 2026 / Metallic Minerals Corp. (TSX.V:MMG)(OTCQB...
About this update from Metallic Minerals Corp.
[{"type":"text","content":"Metallic Minerals Provides Corporate Update and Responds to Recent Market ActivityVANCOUVER, BC / ACCESS Newswire / January 2, 2026 / Metallic Minerals Corp. (TSX.V:MMG)(OTCQB:MMNGF)(FSE:9MM1) (\"Metallic\" or the \"Company\") is issuing this news release in response to investor inquiries regarding recent movements in the Company's share price. The Company confirms that it is not aware of any undisclosed material change or company-specific development that would account for recent market activity.\"While we continue to advance technical work across Metallic's high-priority copper and silver assets - including finalizing the updated La Plata Mineral Resource Estimate and preparing for our 2026 drill programs at both La Plata and Keno Silver - we are not aware of any undisclosed material change that would account for recent share price movement,\" said Greg Johnson, CEO and Chairman of Metallic Minerals. \"We believe the market activity is broadly consistent with heightened short-term volatility in metals and mining equities and in precious and base metals pricing. Longer term, copper and silver fundamentals continue to reflect constrained supply growth alongside persistent global demand, underscoring the scarcity of large, high-quality copper and silver assets. Our focus remains on delivering key milestones and executing robust exploration and development programs to unlock value for shareholders. With near-term catalysts across both projects in 2026, we believe Metallic is well positioned to advance value creation in a market increasingly focused on scarce, high-quality copper and silver opportunities.\"Corporate and Project StatusLa Plata Copper-Silver-Gold-PGE Project (Colorado, USA): Work is ongoing to complete and finalize the updated Mineral Resource Estimate. The Company is also planning for a 2026 drill program focused on resource expansion and testing new high-priority targets that build on previous results and may support future resource development.Keno Silver Project (Yukon, Canada): Preparations for the 2026 drill campaign are underway, with multiple targets identified through detailed mapping, geophysics, and prior field programs. The Company expects to commence drilling in 2026 to follow up on previously defined targets and advance resource expansion objectives.Gold and Silver Production Royalties (Yukon, Canada): ...