Business
Metallic Minerals Triples Yukon Gold Royalty Operations for 2026 Production Season
VANCOUVER, BC / ACCESS Newswire / May 14, 2026 / Metallic Minerals Corp. (TSX.V:MMG) (OTCQB:MMNGF) (FSE:9MM1) ("Metallic" or the "Company") is pleased to
About this update from Metallic Minerals Corp.
[{"type":"text","content":" VANCOUVER, BC / ACCESS Newswire / May 14, 2026 / Metallic Minerals Corp. (TSX.V:MMG) (OTCQB:MMNGF) (FSE:9MM1) (\"Metallic\" or the \"Company\") is pleased to provide an update on the growth of its Yukon alluvial gold royalty portfolio, where the Company is advancing from a single producing operation into a diversified, multi-operator royalty platform across the Klondike Goldfields near Dawson City and Mayo Goldfields near Keno Hill in the Yukon Territory. Highlights Multi-operation royalty platform emerging: Metallic has completed agreements with three experienced operators for the 2026 season across Australia Creek, Dominion Creek, and South Keno/Granite Creek. The three operations are now mobilizing and entering start-up ahead of production. Over $1.1 million in cumulative royalty production to date: Since royalty production commenced in 2023, the Company's initial Australia Creek operation has generated more than $1.1 million in royalty gold value at current gold prices, with 2025 representing the Company's largest annual royalty gold production to date. Potential record 2026 royalty production year: Metallic is one of the largest holders of alluvial mining claims in the Yukon holding approximately 64 square kilometers. With three operations now in start-up for 2026, Metallic believes the upcoming field season is positioned to deliver a significant step-change in royalty gold production and cash flow compared with the prior years. Australia Creek expansion advancing: During 2025, a total of 26 drill holes were completed at Australia Creek to support expansion of the existing operation, together with another 17 exploration holes designed to extend known gold-bearing horizons and identify new areas capable of supporting future operator-based production. Additional Australia Creek drilling underway: Drilling is currently underway on the middle and upper blocks at Australia Creek, up-valley from the current lower-block operator, to advance these areas for potential additional operator-based production. Dominion Creek moving into production: A second Klondike-area operation commenced test mining at Dominion Creek last fall and mobilization is underway for full production during the 2026 season. South Keno/Granite Creek advancing as a new royalty opportunity: Exploration in fall 2025 at Granite Creek included drilling and resistiv...