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Metallica Metals (CSE:MM) uncovers PGM and lithium potential at the Sammy Ridgeline Project

Market News, Mining
CSE:MM
24 March 2023 08:00 (EDT)

Source: Metallica Metals Corp.

Metallica Metals Corp. (MM) has completed field mapping and prospecting at its nickel-copper Sammy Ridgeline Project.

The team uncovered the property’s potential to host both Mid-Continent Rift-related platinum group metal (PGM) and spodumene (lithium) pegmatite dyke mineralization. The 2022 exploration program also identified several target areas with significant potential to host base metal mineralization. The project is made of two claim blocks flanking Clean Air Metal’s (TSX:AIR) Thunder Bay North Project.

The project has numerous showings and mineral occurrences comprised of molybdenum, copper, zinc, lead, silver, tin, tungsten, and uranium but was never previously explored for PGMs.

Source: Metallica Metals Corp.

Metallica Metals’ CEO Aaron Stone commented,

“Additional mapping and prospecting, trenching and channel sampling, and geophysical surveys will be required to develop a deeper understanding of the geology and amount of mineralization on the project.”

The project is in the Thunder Bay North District of Ontario. Sammy Ridgeline is located approximately 50 km northeast of Thunder Bay, with the two claim blocks lying on either side of Clean Air Metal’s Thunder Bay North Project.

Source: Metallica Metals Corp.

Metallica Metals is a Canadian junior mining company focused on acquiring and exploring gold‐silver and PGM properties across Canada. The company is currently exploring and developing its Starr gold‐silver project and Sammy Ridgeline and Richview Pine PGM projects, all located adjacent to advanced mining projects in the Thunder Bay Mining District of Ontario.

Metallica Metals Corp. (MM) opened trading at C$0.03.

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