In January 2016, Metallic Minerals announced the acquisition of three new properties covering 13.3 square km in the Keno Hill silver district of Canada's Yukon Territory as well as the staking of a further 30.2 square km of prospective ground in the district. The addition of these properties, which are adjacent to, or contiguous with, our flagship Keno-Lightning property and Alexco Resource Corp's Keno Hill properties, bring our total Keno distric holdings to 112.5 sq. km.
Metallic Minerals Corp. (TSX-V: MMG / US OTC: MMNGF)
is a growth stage silver and gold exploration company, focused on creating value through a disciplined entrepreneurial approach to exploration in mining districts of western North America that have been shown to produce top tier, "company-making" assets, and yet remain under-explored. This strategy is designed to reduce investment risk and substantially increase our chances for long term success.
Our core Keno-Lightning property is located in the historic Keno Hill silver district of Canada's Yukon Territory, a region which has produced over 200 million ounces of silver and currently hosts one of the world's highest grade silver resources. In addition, our McKay Hill silver and gold property is a historic producer and is located northeast of Keno Hill in a newly emerging silver and gold mining district.
Metallic Minerals is led by a team with a track record of discovery and exploration success, including large scale development, permitting and project financing. Importantly, our team brings years of experience in the north, especially the Yukon, Alaska and British Columbia, where we have established long-term working relationships with First Nations and Native Corporations, as well as local communities and regional governments.