Business

Metallica Metals Files NI 43-101 Technical Report and Earns 100% Interest in the Starr Gold-Silver Project

Vancouver, British Columbia--(Newsfile Corp. - September 6, 2022) - Metallica Metals Corp. (CSE: MM) (OTCQB: MTALF) (FSE: SY7P) (the "Company" or "Metallica Met

articleQuebec Rare Earth Elements CorpSeptember 6, 20224/company/quebec-rare-earth-elements-corp/news/metallica-metals-files-ni-43-101-technical-report-and-earns-100percent-interest-in-the-starr-gold-silver-project
Metallica Metals Files NI 43-101 Technical Report and Earns 100% Interest in the Starr Gold-Silver Project

About this update from Quebec Rare Earth Elements Corp

[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - September 6, 2022) - Metallica Metals Corp. (CSE: MM) (OTCQB: MTALF) (FSE: SY7P) (the \"Company\" or \"Metallica Metals\") is pleased to announce that it has filed a NI 43-101 Technical Report on its flagship Starr gold-silver project (\"Starr\" or the \"Project\"), located in the Thunder Bay Mining District of Ontario, Canada. It can be found on SEDAR at https://www.sedar.com and has been posted on the Company website at Starr Property NI 43-101. The report focuses on the Company's recently completed 4,426m diamond drill program, detail of assay results, and suggestions for future exploration. The Company is also pleased to announce it has now obtained a 100% interest in the Starr Project. This is an important milestone for Metallica Metals and signifies the Company's belief in resource expansion and further Au-Ag discoveries. Technical Report and Project Highlights: 4,426m of diamond drilling completed across the central and eastern portions of the Starr property. An area never previously drilled in the east contained newly discovered mineralization and has been named the Brandi Zone. Intercept highlights include 34.9m at 1.11 g/t Au from STR21-001, 25.75m at 1.14 g/t Au from STR21-003 and 14.2m at 4.1 g/t Au from STR21-004. Mineralization at the main Starr showing is open in all directions. Surface showings on west side of property remain to be drill tested. Aaron Stone, CEO of Metallica Metals, commented, \"We are pleased to file the NI 43-101 Technical Report on our flagship Starr gold-silver project. The results from our recently completed drill program confirm the high-grade nature of mineralization contained in the central portion of the property, in addition to demonstrating the great potential for further discoveries on the underworked eastern and western parts of the project. The new discovery at the previously undrilled Brandi Zone is a perfect example of the future prospects for this project. This report has provided us with a fantastic overview of the project and has given us a clear exploration path to follow. Obtaining a 100% interest in the project is another accomplishment for us. The Company is excited by the progression on the property and is committed to expanding the known footprint of mineralization.\" Figure 2: Location of Metallica Metals' Starr Gold-Silver...

More updates from Quebec Rare Earth Elements Corp