• Metallica Metals (MM) has outlined multiple exploration targets at its Richview Pine Project
  • The nickel-copper-PGM project is located in northern Ontario
  • The Vancouver-based junior mineral exploration company identified the targets from the results of a geophysical survey
  • An in-depth structural analysis using the data was recently conducted by an external geophysicist, generating the refined exploration targets
  • Metallica Metals is unchanged, trading at $0.045 at 9:36 am ET

Metallica Metals (MM) has identified multiple exploration targets at its Richview Pine Project.

The nickel-copper-PGM project is located in northern Ontario.

The Vancouver-based junior mineral exploration company identified the targets from the results of a geophysical survey.

The geophysical survey collected magnetics (MAG), electromagnetics (EM) and very low frequency (VLF) data across the combined Richview Pine property.

An in-depth structural analysis using the data was recently conducted by an external geophysicist, generating the refined exploration targets.

Target generation work gives the company a more focused surface exploration program with important structures and areas of remanent magnetism in mind.

“These results are a great addition to the already strong geophysical indicators that we also received on our Sammy Ridgeline Project. There is a renewed PGM focus in area after Generation’s Marathon discovery, who have proven that the Coldwell/Schreiber-Hemlo geological contact, of which we hold the western portion, is ripe for hosting mineralization. With planning already underway for a program on our Sammy Ridgeline Project, it’s great to now have a backlog of new exploration targets that warrant follow-up ground work,” said CEO Aaron Stone.

The Richview Pine Project is located adjacent to Generation Mining’s Marathon Project.

Metallica Metals is unchanged, trading at $0.045 at 9:36 am ET.

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