“While we continue to advance technical work on Metallic’s high-priority copper and silver assets – including finalizing the updated La Plata Mineral Resource Estimate and preparing our 2026 drilling programs at both La Plata and Keno Silver – we are not aware of any undisclosed material change that could explain the recent share price movement,” said Greg Johnson, CEO and Chairman of Metallic Minerals. “We believe that market activity is broadly consistent with increased short-term volatility in metals and mining stocks and in precious and base metals prices. Over the longer term, copper and silver fundamentals continue to reflect limited supply growth alongside continued global demand, underscoring the scarcity of large, high-quality copper and silver assets. Our focus remains on achieving key milestones and executing robust exploration and development programs to unlock value for shareholders. With near-term catalysts for both projects in 2026, we believe Metallic is well positioned to drive value creation in a market increasingly focused on scarce, high-quality copper and silver opportunities.”
Company and project status
La Plata copper-silver-gold PGE project (Colorado, USA): Work is underway to complete and finalize the updated mineral resource estimate. The company is also planning a 2026 drilling program aimed at expanding resources and testing new high-priority targets that build on previous results and can support future resource development.
Keno Silver Project (Yukon, Canada): Preparations for the 2026 drilling campaign are underway, with multiple targets being identified through detailed mapping, geophysics and previous field programs. The company expects to begin drilling in 2026 to follow previously defined targets and advance resource expansion goals.
Gold and Silver Production Royalties (Yukon, Canada): 2025 was a record year for Metallic’s gold and silver production royalties, and the company is working with operating partners to support continued production growth into 2026.
Upcoming events
Metallic’s management team will participate in several key industry events in the coming months and welcomes the opportunity to meet with investors and stakeholders:
- Metal Investors Forum – Vancouver, Canada, January 23-24, 2026.
VRIC 2026 – Vancouver, Canada, January 25-26, 2026.
AME collection – Vancouver, Canada, January 26-29, 2026.
Red Cloud Pre–PDAC 2026 Showcase – Toronto, Canada, February 26-27, 2026.
Metal Investors Forum – Toronto, Canada, February 27-28, 2026.
PDAC 2026 – Toronto, Canada, March 1-4, 2026.
Conference of the Swiss Mining Institute – Zurich, Switzerland, March 18-19, 2026.
About metal minerals
Metallic Minerals Corp. is a resource-stage exploration company focused on copper, silver, gold, platinum group elements and other critical minerals in the field La Plata Project in southwestern Colorado and the Keno Silver Project adjacent to Hecla Mining’s silver operations in Keno Hill in the Yukon Territory. Newmont Corporation is a strategic investor in the company with La Plata-directed investments and an established technical committee supporting the technical review and exploration planning of the La Plata Project. Metallic is also one of the largest holders of alluvial gold claims in the Yukon and is building a production royalty business through partnerships with experienced mining companies.
Metallic is led by a team with a strong track record of discovery and exploration success on large reserves of precious and base metals in North America, along with extensive experience in project development, permitting and financing. By integrating artificial intelligence and advanced data analytics into its exploration process, the company is working to accelerate discoveries and unlock new value across its portfolio. Metallic is committed to responsible and sustainable resource development and works closely with Canadian First Nation groups, U.S. tribal and indigenous businesses and local communities to support successful project development.
FOR MORE INFORMATION PLEASE CONTACT:
info@metallic-minerals.com
Telephone: 604-629-7800 and Free: 1-888-570-4420
Forward-Looking Statements
This press release contains certain statements that may be deemed “forward-looking statements.” All statements in this press release, other than statements of historical fact, including but not limited to statements regarding potential mineralization, exploration results, project progress, resource expansion, strategic partnerships and the Company’s future plans and objectives, are forward-looking statements that involve various risks and uncertainties. Although Metallic Minerals believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions, including, but not limited to, the availability of capital and financing on acceptable terms and the ability to obtain required approvals. The Company notes that Newmont Corporation (“Newmont”) is a shareholder; However, Newmont’s participation in prior financings should not be construed as a commitment to future financing, operational involvement or approval of the Company’s plans. Factors that could cause actual results to differ materially from those in forward-looking statements include the inability to obtain necessary approvals; changes in project parameters as plans are further refined; results of future explorations and resource estimates; variations in future metal prices; availability of capital and financing on acceptable terms; general economic, market or business conditions; risks associated with regulatory changes; title risks; availability of personnel, materials and equipment; accidents or equipment failures; uninsured risks; unexpected environmental impacts and related costs; and other exploration or operational risks described from time to time in the Company’s filings with securities regulators. Readers are cautioned that mineral resources that are not mineral reserves have not demonstrated economic viability. Mineral exploration and development are inherently risky activities, and actual events may differ materially from those projected in the forward-looking statements. For more information about Metallic Minerals and the risks and challenges of its business, investors should consult the company’s annual filings, available at www.sedarplus.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Metal Minerals Corp.
View the original press release on ACCESS Newswire
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