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Metallic Minerals Announces Surface Samples up to 988 g/t Silver & 24.4 g/t Gold from McKay Hill
Oct. 25, 2017 09:32AM PST
Silver Investing
Metallic Minerals (TSX-V: MMG; US OTC: MMNGF)(“Metallic Minerals” or the “Company”) is pleased to announce results from field exploration programs conducted at its 100% owned McKay Hill silver and gold project, located 50 kilometers (“km”) north of the historic Keno Hill silver district, adjacent to ATAC Resources’ Rackla Gold project in Canada’s Yukon Territory. The …
Metallic Minerals (TSX-V: MMG; US OTC: MMNGF)(“Metallic Minerals” or the “Company”) is pleased to announce results from field exploration programs conducted at its 100% owned McKay Hill silver and gold project, located 50 kilometers (“km”) north of the historic Keno Hill silver district, adjacent to ATAC Resources’ Rackla Gold project in Canada’s Yukon Territory.
The McKay Hill project occurs within a belt of silver-lead-zinc related deposits that stretch from the Alaska border to the southern part of the Yukon and includes the famous Keno Hill silver district. McKay Hill is an historic high-grade producer that shows potential to host a significant district scale vein system similar to Keno Hill, with at least 16 identified vein structures that have seen very limited modern exploration.
Greg Johnson, CEO & Chairman stated:
“We are very encouraged by the results we have seen thus far from McKay Hill with 23 samples from 12 of the 16 known vein structures running greater than 300 g/t silver, which is the average reserve grade of global primary silver producers.
The assay results from rock sampling and soil grid work have verified the potential for high-grade silver, lead, and zinc mineralization, as well as demonstrated very significant gold and copper in this emerging district scale property.”