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Overview

Flagship Keno Silver Project:

  • Large, brownfields land position covering 112.5 km2 in the eastern portion of the Keno Hill district
  • Excellent access infrastructure via existing highways and well-maintained all-weather roads, existing grid power supplying nearby Keno City & Alexco operations
  • Adjacent to Alexco Resource Corp’s operations, which host >67 Mozs Ag (M&I) with LOM production grades exceeding 840 gram/tonne silver; AISC: $13.5
  • Productive mineralized trends and preferred host rocks continue onto Metallic Minerals holdings, which saw historic production from 7 mines, including 4 with average recovered grades above 5,000 g/t silver
  • Eastern portion of the district has been under-explored due to fragmented, private land ownership, but now consolidated under Metallic Minerals

McKay Hill Project:

  • 50km north of the Keno Hill Silver camp consisting of 129 claims covering 30 sq km
  • Highly-prospective Ag-Au targets identified
  • Historic high-grade underground silver and gold producer
  • Property is adjacent to the northwest portion of ATAC Resources’ Rackla Gold project
  • ATAC has initiated permitting of tote road access route into the area
  • Under-explored but emerging new silver and gold district – recent modern exploration work by ATAC has demonstrated the potential in this new district

Klondike Gold District Royalties:

  • 36.4 km2 of mining rights along the Australia Creek drainage in the Klondike gold district near Dawson City, Yukon
  • Australia Creek is a tributary of the Indian River and is part of the historic Klondike gold district, that is estimated to have produced over 20 million ounces of gold since its discovery in 1898
  • Metallic holds a 12% production royalty on Lower Australia Creek, a 2.8 km2 portion of the larger Australia Creek property, with an experienced alluvial mining operator
  • Mining on the Indian River began in the late 1970s and hosts many larger-scale, open-pit operations, which produce nearly half of all placer gold in the Yukon
  • Mining equipment has been mobilized to the Lower Australia Creek site to commence test work for the remainder of the northern field season
  • Metallic expects to pursue additional production royalty agreements with other operators on the remaining 33.6km2 property
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