Metallic Minerals get major financing as mining giant Newcrest makes strategic investment

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.

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