Metallic Minerals Secures $2M for Mining Projects

Metallic Minerals (TSE:MMG) has released an update.

Metallic Minerals Corp. has successfully closed its $2 million private placement financing, with the final tranche achieving $425,000. This capital boost will fund drilling and development of the company’s Keno Silver and Klondike Gold projects, as well as their La Plata project in Colorado. Investors are responding positively to the company’s strategic direction, including the recent investment by Newmont Corporation.

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