Metallic Minerals Corp. Reports 1.3B lbs Copper and 17 Moz Silver at La Plata Project in Colorado
Metallic Minerals Corp. has filed its NI 43-101 technical report for the La Plata project in Southwestern Colorado, revealing an inferred resource of 181.4 Mt containing 1.3 billion pounds of copper and 17 million ounces of silver. The updated resource estimate marks a 23% increase in tonnage, incorporating platinum, palladium, and gold for the first time, totaling approximately 272,000 ounces of precious metals. The company plans to advance exploration and refine recovery processes for critical minerals.
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Metallic Minerals Corp. filed an NI 43-101 technical report for its La Plata project in Southwestern Colorado, indicating an inferred resource of 181.4 Mt at 0.36% copper equivalent, including 1.3 billion pounds of copper and 17 million ounces of silver. The report also includes platinum, palladium, and gold for the first time, totaling 272,000 ounces.
The project, recognized for its critical minerals, is set for exploration expansion and improved recovery processes. The 2026 mineral resource estimate reflects a 23% increase in tonnage supported by drilling, and the company aims to explore untested targets and enhance resource recovery methods.
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