Metallic Minerals Provides Corporate Update and Responds to Recent Market Activity
TSX.V: MMG | OTCQB: MMNGF
Metallic Minerals Provides Corporate Update and Responds to Recent Market Activity
January 2, 2026 – Vancouver, BC – Metallic Minerals Corp. (TSX.V: MMG; OTCQB: MMNGF; FSE: 9MM1)
(“Metallic” or the “Company”) is issuing this news release in response to investor inquiries regarding recent
movements in the Company’s share price. The Company confirms that it is not aware of any undisclosed material
change or company-specific development that would account for recent market activity.
“While we continue to advance technical work across Metallic’s high-priority copper and silver assets — including
finalizing the updated La Plata Mineral Resource Estimate and preparing for our 2026 drill programs at both La
Plata and Keno Silver — we are not aware of any undisclosed material change that would account for recent share
price movement,” said Greg Johnson, CEO and Chairman of Metallic Minerals. “We believe the market activity is
broadly consistent with heightened short -term volatility in metals and mining equities and in precious and base
metals pricing. Longer term, copper and silver fundamenta ls continue to reflect constrained supply growth
alongside persistent global demand, underscoring the scarcity of large, high-quality copper and silver assets. Our
focus remains on delivering key milestones and executing robust exploration and development programs to unlock
value for shareholders. With near -term catalysts across both projects in 2026, we believe Metallic is well
positioned to advance value creation in a market increasingly focused on scarce, high -quality copper and silver
opportunities.”
Corporate and Project Status
La Plata Copper-Silver-Gold-PGE Project (Colorado, USA): Work is ongoing to complete and finalize the updated
Mineral Resource Estimate. The Company is also planning for a 2026 drill program focused on resource expansion
and testing new high-priority targets that build on previous results and may support future resource development.
Keno Silver Project (Yukon, Canada): Preparations for the 2026 drill campaign are underway, with multiple targets
identified through detailed mapping, geophysics, and prior field programs. The Company expects to commence
drilling in 2026 to follow up on previously defined targets and advance resource expansion objectives.
Gold and Silver Production Royalties ( Yukon, Canada): 2025 was a record year for Metallic’s gold and silver
production royalties, and the Company is working with operating partners to support continued production
growth in 2026.
Upcoming Events
Metallic’s management team will be participating in several upcoming key industry events over the coming
months and welcomes the opportunity to meet with investors and stakeholders:
1) Metals Investor Forum - Vancouver, Canada, January 23-24, 2026.
2) VRIC 2026 - Vancouver, Canada, January 25-26, 2026.
3) AME Roundup - Vancouver, Canada, January 26-29, 2026.
4) Red Cloud Pre-PDAC 2026 Showcase - Toronto, Canada, February 26-27, 2026.
5) Metals Investor Forum - Toronto, Canada, February 27-28, 2026.
6) PDAC 2026 - Toronto, Canada, March 1-4, 2026.
7) Swiss Mining Institute Conference - Zurich, Switzerland, March 18-19, 2026.
About Metallic Minerals
Metallic Minerals Corp. is a resource-stage exploration company focused on copper, silver, gold, platinum group
elements, and other critical minerals at the La Plata Project in southwestern Colorado and the Keno Silver Project
adjacent to Hecla Mining’s Keno Hill silver operations in the Yukon Territory. Newmont Corporation is a strategic
investor in the Company with La Plata-directed investment and an established technical committee that supports
technical review and explorati on planning at the La Plata Project. Metallic is also one of the largest holders of
alluvial gold claims in the Yukon and is building a production royalty business through partnerships with
experienced mining operators.
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Metallic is led by a team with a strong track record of discovery and exploration success on major precious and
base metal deposits across North America, along with extensive experience in project development, permitting,
and financing. Through the integra tion of artificial intelligence and advanced data analytics into its exploration
process, the Company is working to accelerate discovery and unlock new value across its portfolio. Metallic is
committed to responsible and sustainable resource development an d collaborates closely with Canadian First
Nation groups, U.S. Tribal and Native Corporations, and local communities to support successful project
development.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Phone: 604-629-7800 and Toll Free: 1-888-570-4420
Forward-Looking Statements
This news release includes certain statements that may be deemed “forward-looking statements.” All statements in this release, other than
statements of historical fact —including, without limitation, statements regarding potential mineralization, exploratio n results, project
advancement, resource expansion, strategic partnerships, and the future plans and objectives of the Company —are forward -looking
statements that involve various risks and uncertainties. Although Metallic Minerals believes that the expecta tions expressed in such
forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual
results or developments may differ materially from those in the forward -looking statements. Forward-looking statements are based on a
number of material factors and assumptions, including, but not limited to, the availability of capital and financing on acceptable terms and
the ability to obtain required approvals. The Company notes that Newmont Corporation (“Newmont”) is a shareholder; however,
Newmont’s participation in prior financings should not be construed as a commitment to future funding, operational involvemen t, or
endorsement of the Company’s plans. Factors that could cause actual results to differ materially from those in forward-looking statements
include the failure to obtain necessary approvals; changes in project parameters as plans continue to be refined; results of future
exploration and resour ce estimates; variations in future metal prices; availability of capital and financing on acceptable terms; general
economic, market, or business conditions; risks associated with regulatory changes; title risks; availability of personnel, m aterials, and
equipment; accidents or equipment breakdowns; uninsured risks; unanticipated environmental impacts and associated costs; and o ther
exploration or operational risks detailed from time to time in the Company’s filings with securities regulators. Readers are cautioned that
mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and developm ent are
inherently risky businesses, and actual events may differ materially from those projected in the forward -looking statements. For more
information on Metallic Minerals and the risks and challenges of its business, investors should review the Company’s annual filings available
at www.sedarplus.ca.
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.