Business
Metallic Minerals Undertakes Drill Programs at South Keno and Klondike Gold and Silver Properties and Provides Exploration Update for Keno Silver Project in Yukon Territory
VANCOUVER, BC / ACCESS Newswire / October 8, 2025 / Metallic Minerals Corp. (TSX.V:MMG)(OTCQB...
About this update from Metallic Minerals Corp.
[{"type":"text","content":"Metallic Minerals Undertakes Drill Programs at South Keno and Klondike Gold and Silver Properties and Provides Exploration Update for Keno Silver Project in Yukon TerritoryVANCOUVER, BC / ACCESS Newswire / October 8, 2025 / Metallic Minerals Corp. (TSX.V:MMG)(OTCQB:MMNGF) (\"Metallic Minerals\" or the \"Company\") is pleased to provide an update on field activities across its gold and silver royalty portfolio in the Yukon, along with ongoing exploration programs at its and Keno Silver Project in central Yukon. A separate update will follow shortly on the Company's active exploration initiatives at its La Plata Copper-Silver-PGE-Gold Project in southwestern Colorado.\"Following the successful completion of $8 million in financings at the end of August - with strong participation from existing shareholders, management, the board, and strategic investors including Newmont Corporation - Metallic Minerals has launched a series of active exploration and development programs across its portfolio,\" stated Greg Johnson, CEO and Chairman. \"These initiatives are designed to build on our near-term gold and silver production from Yukon alluvial royalties, while continuing to expand our copper, silver, and critical mineral resources at our flagship Keno Silver and La Plata copper-silver-PGE-gold projects.\"Mr. Johnson continued, \"We see the current metals market as an exceptional opportunity for investors. While large and mid-cap producers are trading at or near their all-time highs, many high-quality resource-stage companies - the foundation of future production growth - remain significantly undervalued. With gold, silver, and copper all demonstrating strong performance, Metallic Minerals' diversified U.S. and Canadian portfolio offers a rare combination of royalty income, production growth, and discovery potential heading into 2026.\"Klondike and Keno Gold and Silver Royalty PortfolioMetallic Minerals is one of the largest holders of alluvial mining claims in the Yukon Territory, Canada. The Company is advancing a growing royalty portfolio through partnerships with experienced placer mining operators across its extensive holdings.Now in its third consecutive year of gold production, Metallic Minerals expects record royalty revenues in 2025 from its Australia Creek operations and has recently signed an agreement with an additional operato...