Metallic Minerals President Scott Petsel joined Steve Darling from Proactive to share news the company has added mining giant Newcrest as a key shareholder in the company. Petsel telling Proactive Newcrest has made a 6.3 million dollar 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.
Metallic Minerals get major financing as mining giant Newcrest makes strategic investment