on Metallic Minerals Corp. (isin : CA59126M1068)
Metallic Minerals Identifies Critical Mineral Potential at La Plata Project
Metallic Minerals Corp. has announced the identification of critical mineral resources, including rare earth elements (REEs), at its La Plata project in Colorado. Recent analyses revealed elevated levels of both light and heavy REEs, alongside significant concentrations of fluorine, gallium, scandium, tellurium, and vanadium. These minerals enhance the project's copper, silver, gold, and platinum group elements endowment.
The U.S. Geological Survey has recognized the La Plata Mining District as a Critical Minerals Resource Area, aligning with national strategic priorities for resource security. The unique geological setting of the project, featuring an alkalic porphyry and epithermal system, hosts an enriched environment for critical and strategic elements.
The company is pursuing further analysis to optimize recovery processes, potentially providing new value streams while adhering to environmental standards. The development aligns with U.S. efforts to secure domestic supply chains for advanced technologies.
R. H.
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