on Metallic Minerals Corp. (CVE:MMG)
Metallic Minerals Expands Yukon Gold Royalty Operations
Metallic Minerals Corp. has announced a significant expansion of its alluvial gold royalty portfolio in the Yukon Territory. The company will transform from a single operation into a multi-operator platform with activities in the Klondike and Mayo Goldfields. This expansion includes three experienced operators set to begin production in 2026.
The company has seen significant returns since launching its royalty program in 2023, with over $1.1 million in cumulative production. With approximately 64 square kilometers of mining claims, Metallic anticipates a record year in terms of production and cash flow in 2026.
Drilling and mobilization efforts are ongoing at Australia Creek, Dominion Creek, and Granite Creek, highlighting the potential for multiple large-scale operations. The company's partnership model with operators enables it to maintain exposure to gold production without extensive capital investment.
R. E.
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