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Metallic Minerals Appoints Scott Petsel as President

Management Changes

TSX.V: MMG | OTCQB: MMNGF

Metallic Minerals Appoints Scott Petsel as President

March 29, 2022, Vancouver, B.C., Metallic Minerals (TSX.V: MMG | US OTCQB: MMNGF) (“Metallic Minerals” or the

“Company”) is pleased to announce the appointment of Mr. Scott Petsel as President of the Company, effective

immediately. Mr. Petsel has been Vice President of Exploration for Metallic Minerals since 2016 and will be supported

in this key executive leadership position by Chairman and CEO, Greg Johnson.

Mr. Scott Petsel, MBA, P.Geo., has over 34 years of experience in all facets of

mineral exploration with particular focus on large scale precious and base metals

systems. In addition to having extensive international experience, he has spent

more than 20 years working in the Yukon, Alaska and British Columbia on

significant advanced exploration and development stage projects including the

Galore copper-gold-silver project (Teck/Newmont), Donlin gold project

(NovaGold/Barrick), Upper Kobuk copper-zinc-silver-gold projects (Trilogy/South

32), and the Kensington gold mine (Coeur) amongst others. Mr Petsel received his

geology degree from Fort Lewis College in Durango, Colorado, near Metallic’s La

Plata Project, and his MBA at the University of Nevada, Las Vegas. His extensive

experience in, and knowledge of, the jurisdictions where Metallic Minerals is active

represents a great asset to the Company.

Scott Petsel, Metallic Minerals President, stated, “I look forward to this expanded role with Metallic Minerals,

engaging with the shareholder base and broader investment community in collaboration with, Greg, and working with

our strong technical teams to advance our exceptional portfolio of assets. It’s an exciting time in the precious and

base metals markets for a dynamic exploration and development company like Metallic Minerals. We expect 2022 to

be pivotal year for the Company and we have significant and substantive news to deliver over the ensuing weeks,

including the Company’s inaugural resource estimate at La Plata and a robust and dynamic field exploration season

on all three of the Company’s projects.”

Metallic Minerals Chairman & CEO, Greg Johnson, stated, “Through his successful career, Scott has repeatedly

demonstrated the ability to recognize potential tier one quality deposits, efficiently advancing significant exploration

projects through discovery, resource expansion, and subsequent engineering and de-risking to generate shareholder

value. Scott is a leader and consensus builder with extensive ESG experience developed through his hands-on

engagement with First Nations, Alaska Native Corporations and local communities. As the Company enters this next

period of rapid development on multiple projects, I am confident that Scott will contribute significantly to Metallic

Minerals in this expanded role going forward.”

About Metallic Minerals

Metallic Minerals Corp. is a growth-stage exploration company, focused on high-grade silver, gold and copper projects

in underexplored, brownfields mining districts of North America. Our objective is to create shareholder value through

a systematic, entrepreneurial approach to exploration in the Keno Hill silver district, La Plata silver-gold-copper

district, and Klondike gold district through new discoveries and advancing resources to development. Metallic

Minerals has consolidated the second-largest land position in the historic Keno Hill silver district of Canada's Yukon

Territory, directly adjacent to Alexco Resource Corp’s operations, with nearly 300 million ounces of high-grade silver

in past production and current M&I resources. In addition, exploration at the recently acquired La Plata silver-gold-

copper project in southwestern Colorado is targeting a silver and gold-enriched copper porphyry and adjacent high-

grade silver and gold epithermal systems. The Company also continues to add new production royalty leases on its

holdings in the Klondike gold district in the Yukon. All three districts have seen significant mineral production and have

existing infrastructure, including power and road access. Metallic Minerals is led by a team with a track record of

discovery and exploration success on several major precious and base metal deposits, as well as having large-scale

development, permitting and project financing expertise.

About the Metallic Group of Companies

The Metallic Group is a collaboration of leading precious and base metals exploration companies, with a portfolio of

large, brownfields assets in established mining districts adjacent to some of the industry’s highest-grade producers of

silver and gold, platinum and palladium, and copper. Member companies include Metallic Minerals in the Yukon’s

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high-grade Keno Hill silver district and La Plata silver-gold-copper district of Colorado, Group Ten Metals in the

Stillwater PGM-nickel-copper district of Montana, and Granite Creek Copper in the Yukon’s Minto copper district. The

founders and team members of the Metallic Group include highly successful explorationists formerly with some of

the industry’s leading explorer/developers and major producers. With this expertise, the companies are undertaking

a systematic approach to exploration using new models and technologies to facilitate discoveries in these proven, but

under-explored, mining districts. The Metallic Group is headquartered in Vancouver, BC, Canada, and its member

companies are listed on the Toronto Venture, US OTC, and Frankfurt stock exchanges.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Website: mmgsilver.com Phone: 604-629-7800

Email: [email protected] Toll Free: 1-888-570-4420

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.