Klondike Gold Corp. press release
Metallic Minerals get major financing as mining giant Newcrest makes strategic investment
TSXV - TSX Venture Exchange · Gold · Silver · Canada
--News Direct--
Metallic Minerals president Scott Petsel joined Steve Darling from Proactive to share news the company has added mining giant Newcrest as a key shareholder.
Petsel telling Proactive Newcrest has made a $6.3 million investment, taking a 9.5% investment. The money is expected to be used to move the La Plata project along. Preparations are underway for a first phase resource expansion drill campaign starting in June and will focus focused on extending the high-grade copper and precious metals mineralization announced in February of this year.
Contact Details
Proactive Investors
+1 604-688-8158
na-editorial@proactiveinvestors.com
View source version on newsdirect.com: https://newsdirect.com/news/metallic-minerals-get-major-financing-as-mining-giant-newcrest-makes-strategic-investment-969694863
Earlier from Klondike Gold Corp.
- Metallic Minerals Completes Strategic Equity Investment by Newcrest Mining
- Metallic Minerals Announces $6.3 Million Strategic Equity Investment by Newcrest Mining
- Metallic Minerals Drills 1,310 g/t Ag Eq within 6.7 Meters of 196 g/t Ag Eq at Caribou Target at the Keno Silver Project in Yukon, Canada and Retains SGS for Inaugural Resource Estimates