Metallic Minerals – Gold Royalty Agreement At Australia Creek Property In the Klondike With Parker Schnabels Little Flake Mining Of Discovery Channels TV Series Gold Rush

Greg Johnson, CEO of Metallic Minerals (TSX.V:MMG – OTCQB:MMNGF), and Chairman of the Metallic Group of Companies, also including Stillwater Critical Minerals (TSX.V: PGE – OTCQB: PGEZF) and Granite Creek Copper (TSX.V:GCX – OTCQB:GCXXF),  joins us to recap the news on Metallic Minerals that was just released to the market on January 24th.  The Company announced signing a production royalty agreement on 5 ½ miles of alluvial gold claims at its Australia Creek property in the Klondike Gold District of Canada’s Yukon Territory, with Little Flake mining, a company owned and operated by Parker Schnabel of Discovery Channel‘s top-rated television series, “Gold Rush“.


Greg unpacks what this first royalty deal in their Klondike Alluvial claims with Little Flake mining, could mean as far as income revenues to the company to help fund more exploration and operations. With 4 more claims and projects already permitted in the area, and a goal of upwards of 7 different potential projects, each with a targeted 10%-15% royalty, and other private operating companies to do the actual gold mining, then this could grow into a basket of royalties and become significant revenue center.  We also discuss the potential optionality for Metallic Minerals shareholders as eventually, the Company executes on bringing on a basket of alluvial projects and royalties, then it could even be monetized to another royalty company or even spun out into a new alluvial-focused royalty company.


We also review some key news from 2022 and the overall 2023 work strategy building towards a maiden resource at the Keno Silver Project in the Yukon, as well as the exploration and resource expansion at the copper and precious metals La Plata Project in Colorado.   


We wrap up by having Greg also highlight the recent Preliminary Economic Assessment (PEA) just announced last week from Granite Creek Copper at their Carmacks project in the Yukon, and also the recently announced expanded and material increase to the size of the Stillwater West updated Resource Estimate at Stillwater Critical Minerals.


If you have any follow up questions for Greg on Metallic Minerals, or any of the Metallic Group of Companies,  then please email us at either or


  • In full disclosure, Shad is a shareholder of Metallic Minerals and Stillwater Critical Minerals



Click here for a summary of the recent news out of Metallic Minerals.


    Jan 30, 2023 30:09 PM

    (MMG) (MMNGF) Metallic Minerals Drills 1,540 g/t Ag Eq over 1.63 meters within 20.9 meters of 230 g/t Ag Eq at Keno Silver Project in Yukon, Canada

    30 Jan 2023

    >> 2022 West Keno Exploration highlights

    High-grade silver (“Ag”), lead (“Pb”) and zinc (“Zn”) mineralization was encountered in 5 of 7 holes (See Table 1). Both high-grade Ag-Pb-Zn vein-style mineralization and broader zones of moderate grade Ag-Pb-Zn mineralization were encountered.

    A total of 40 high-grade samples of over 100 g/t silver equivalent (“Ag Eq”) were intercepted in the 2022 West Keno drilling, including:

    – FOR22-01, 0.54 m @ 2,291 g/t Ag Eq (1,139 g/t Ag, 18.32% Pb, 14.79% Zn)
    – FOR22-02, 0.5 m @1,025.1 g/t Ag Eq (14 g/t Ag, 0.07% Pb, 23.36% Zn)
    – FOR22-04, 1.63 m @ 1,536.2 g/t Ag Eq (1,049.5 g/t Ag, 4.21% Pb, 9.45% Zn)
    – FOR22-04, 0.64 m @ 2,127.9 g/t Ag Eq (1,358 g/t Ag, 4.16% Pb, 16.42% Zn)
    – FOR22-05, 0.5 m @ 1215.3 g/t Ag Eq (850 g/t Ag, 7.65% Pb, 3.97% Zn)

      Jan 30, 2023 30:13 PM

      Metallic Minerals is putting out key newsflow so quickly lately that it is hard to keep up with it all.

      We had Greg Johnson on in the interview posted at the top here on the KER which we recorded on Friday, when they were just at Roundup, and Cory & I were heading to VRIC for the weekend.

      We had literally just them on on the show right before that when we had Scott Petsel, President of Metallic Minerals, on the show January 19th with this update from Keno Hill bulk tonnage exploration

        Jan 30, 2023 30:17 PM

        Now we are going to have to reach out to Scott about getting him back on the show again soon to unpack these high-grade silver/lead/zinc exploration intercepts from Keno West. Nice!

        We’ll keep following along as they’ve had a flurry of constructive news hitting the wires the last few weeks, and there is going to be more to come with the coming resource estimate at the Keno Silver Project, and then more news on tap after that down at the La Plata Project, focused on Copper and PMs in Colorado and growing the resources down there.

      Jan 31, 2023 31:12 PM

      Parker Schnabel is an interesting character, I watched him on Yukon Gold when he was sixteen and he had a natural talent for operating mining equipment. I’m sure he is happy to be teamed up with Metallic Minerals because he will no longer have to guess where the gold and silver are located. DT

        Feb 01, 2023 01:22 PM

        I think Parker is already a multimillionaire.

    Jan 30, 2023 30:22 PM

    It was nice having Greg on the KE Report, as it had been almost a year, and in addition to the Metallic Minerals news highlighted in the interview and posts above, he discussed the recent news out of both Granite Creek Copper and out of Stillwater Critical Minerals last week. All 3 companies in the Metallic Group of Companies umbrella put out key news all at once, so I’ll just post the interviews from both the other companies here in case people missed those.


    #KorelinEconomicsReport – (01/20/2023) #Index2

    Tim Johnson, President and CEO of Granite Creek Copper Ltd $GCX $GCXXF, joins us to break down the metrics and key takeaways from the recently announced Preliminary Economic Assessment #PEA on the Carmacks Project in the #Yukon.

    PEA Highlights
    • Base case metal prices of US$3.75/lb Cu, US$1,800/oz Au and US$22/oz Ag:
    • Pre-tax NPV 5% of C$324 million and 36% IRR
    • After-tax NPV 5% of C$230 million and 29% IRR
    • Case 1 metal prices of US$4.25/lb Cu, US$2,000/oz Au and US$25/oz Ag:
    Pre-tax NPV 5% of C$475 million and 48% IRR
    After-tax NPV 5% of C$330 million and 38% IRR
    • Mine life of nine years at 7,000 tonnes per day with clear exploration potential to extend mine life with four target areas within 1km of the current resource.
    • Capital cost of C$220m with payback of 2 years from commencement of production.

    In addition to the copper and gold metals pricing sensitivity numbers that could further boost economics, Tim highlights that there is ongoing work from the Company and 3rd party contractors to continue improving the recovery rates of the metals which substantially impacts economics. We wrap up highlighting the large amount of #exploration upside still on the project, at 4 key target areas, to increase the sulfide resources and further improve the blended oxide and sulfide mix for recovery purposes.

      Jan 30, 2023 30:23 PM

      #KorelinEconomicsReport – (01/27/2023) #Index2

      Michael Rowley, President and CEO of Stillwater Critical Minerals $PGE $PGEZF, joins us to unpack the key takeaways from the recently announced Resource Estimate update at their flagship Stillwater West Project in #Montana. As announced on January 25, 2023, this updated Resource Estimate show a 62% increase over the 2021 Maiden Resource Estimate to 1.6 Blbs Battery Metals and 3.8 Moz PGE+Gold. Base Case Inferred mineral resources of 1.6 billion pounds of #nickel, #copper and #cobalt and 3.8 million ounces #palladium, #platinum, #rhodium, and #gold, in a constrained model totaling 255 million tonnes at an average grade of 0.39% total estimated recovered NiEq (or 1.19 g/t Palladium Equivalent).

      We compare these resources to other projects in North America, and there are surprising few peers with this type of mineral endowment. These leads us to further discuss the parallels between this Project and their neighbors, Sibanye Stillwater, that are currently producing nickel, copper, platinum, palladium, and rhodium at that highest grade PGM mine in the world. Mike makes the point that the mining approach for Stillwater Critical Minerals that is being proposed is more of a bulk mining deposit more akin to the South African Platreef #BatteryMetals and platinum group elements mines and development projects found on the northern limb of the Bushveld Igneous Complex. Mike addresses the question of whether Sibanye Stillwater could be the only suitor, and points out there are ongoing discussions with a number of major metals producers and so there are plenty of options on the table for the road ahead.

      Next we discuss the exploration work successfully completed in 2022 at the Pine Target, which is an additional gold target returning high-grade #gold, that is 2kms away and currently not one of the 5 deposit areas presently included in the resource estimate, but that more drilling will be focused here in 2023 to keep delineating this additional target area. The focus of the exploration team at present is continuing to expand the high-grade areas of the 9km strike length, and for better understanding the geological structural controls, with a wealth of potential targets for future drilling in that larger context for the 2023 exploration season. The key focus of #exploration for 2023 will still be the primary other 5 target areas at their Stillwater West project, with a large exploration program to be announced later this year.

    Jan 30, 2023 30:32 PM

    Jordan Roy-Byrne – “The Biggest Breakout in 50 Years”

    January 27-28 Metals Investor Forum 2023 #MIF #VIDEO

    Jan 30, 2023 30:34 PM

    Goldfinger – “The Technical Analysis of Junior Mining Stocks”

    Robert Sinn (aka. Goldfinger) presents at Metals Investor Forum #MIF January 27-28, 2023

      Jan 30, 2023 30:03 PM

      Robert Sinn, aka Goldfinger, aka CEO Technician and Trevor Hall discuss the Roundup Conference.

      @CEOTechnician – I really enjoyed this chat with @TrevAHall

        Jan 31, 2023 31:03 AM

        Robert Sinn (Goldfinger)’s VRIC Presentation – Gold Chart Journey Into The Yukon

        Jan 30, 2023

        “In this video I (Robert) discuss trends that affect the gold price, including central bank buying and the US Treasury Yield Curve. We then delve into gold chart technicals on multiple time frames and why the triple-bottom near $1620 in Q4 2022 was so notable.”

        “I then discuss what the gold bull market means for Yukon gold miners and some of the biggest winners over the last several years. Stocks highlighted include Banyan Gold, Eagle Plains Resources, Snowline Gold, and Fireweed Metals.”

    Jan 30, 2023 30:36 PM

    Brian Leni – “Profits Are Made On The Delta Between Price and Value”

    January 27-28 Metals Investor Forum 2023 #MIF #VIDEO

    Jan 30, 2023 30:41 PM

    Brien Lundin – “The Pause That Refreshes”

    January 27-28 Metals Investor Forum 2023 #MIF #VIDEO

    Jan 30, 2023 30:44 PM

    Eric Coffin of HRA Advisories – “Soft Landing? Hard Landing? Both? Neither? Kumquat?”

    January 27-28 Metals Investor Forum 2023 #MIF #VIDEO

    Jan 30, 2023 30:50 PM

    Joe Mazumdar of Exploration Insights – “Year of the Tiger: Started with a Roar, Ended with a Whimper”

    January 27-28 Metals Investor Forum 2023 #MIF #VIDEO

    > In addition to macro economic thoughts on central banks, currencies, and gold, there is also a nice section he dedicates to (IAUX) (IAU) I-80 Gold Corp in his presentation for those following that company.

      Jan 31, 2023 31:15 AM

      Time to move on from the Year of the tiger…’s the year of the Wolf!!!!🤑🤑🤑

    Jan 30, 2023 30:54 PM

    Peter Krauth of The Silver Stock Investor presents “A New Silver Bull Market”

    January 27-28 Metals Investor Forum 2023 #MIF #VIDEO

    Jan 30, 2023 30:59 PM

    Gwen Preston of Resource Maven presents “Building A Portfolio For This Metals Moment”

    January 27-28 Metals Investor Forum 2023 #MIF #VIDEO

    She discusses some of these stocks: Orezone, Silvercrest, Capstone, Toilus, Vizsla, Silver Tiger, ValOre, Montage Gold, Heliostar, and more…

    Jan 31, 2023 31:31 AM

    Thanks for all the hard work………EX…….. as always………
    The NEW DECADE AHEAD………… JTL….. 🙂

      Jan 31, 2023 31:03 AM

      Much appreciated OOTB. Yes, very much looking forward to the year ahead here in 2023, and the decade ahead (but that is a pretty long period of time where lot’s can change).

      Ever Upward!

    Jan 31, 2023 31:40 AM

    Has to do with pumping up the miners….. more ad revenue….

      Jan 31, 2023 31:08 AM

      Yep, not good optics for the W.S.S. guys, apparently creating fake accounts and untrue metrics of listeners. Yikes!

    Jan 31, 2023 31:12 AM

    Thanks for posting these interviews Ex – very helpful

      Jan 31, 2023 31:06 AM

      Sure thing Ryan. Both the series of Metallic Group company interviews (Metallic Minerals, Granite Creek, and Stillwater Critical Minerals) and all the various speakers presenting at the (MIF) Metals Investor Forum are worth the review.

      We heard a lot of positive feedback from those that attended the MIF right before the (VRIC) Vancouver Resource Investor Conference last weekend, and some of those key note presentations were full of helpful macro insights and company highlights. I’m sure they’ll be posting more and the individual company presentations as this week unfolds.


    Jan 31, 2023 31:15 PM

    Gain today. Either selling everything and moving to the French Riviera or getting gas in my car and going and get a burger. Looks like I have to count change to see if I can get a burger. The trend is your friend and it looks up until after I eat the burger.

      Jan 31, 2023 31:53 PM

      Yeah, selling everything and moving to the French Riviera sounds nice.

      Maybe you could just trim back a few positions and add “French” fries to your burger order and mentally go there. 🙂

        Jan 31, 2023 31:02 PM

        Argh. Ex you know me too well. I didn’t sell everything and sign on to the banana boat and work my way to the Riviera. I went for the fries…until I remembered Parker Schnabel and Metallic.I took the Fries money and rolled it into Metallic as my sister and her husband were on a cruise to Alaska and ran into Parker’s grandfather picking up some milk in a grocery store. Don’t ask me what they were doing there.. They talked and I concluded that was guidance to add back Metallic. Funny how things work out.(I believe Parker’s grandfather died years ago and was the inspiration to Parker being where he is today. The story about my sister and her husband running in to him is true and said he was a really nice guy.)

          Jan 31, 2023 31:47 PM

          That is interesting about Parker’s grandfather and your sister and brother-in-law. Yeah, I’m still constructive on Metallic Minerals for just the Keno Silver project in the Yukon, and the La Plata copper project in Colorado, but I like the prospects of MMG generating revenues from royalties in the Klondike to fund other exploration. Overall, it has lagged a number of silver and copper stocks, but maybe this will be the year they get more traction with investors as sentiment in the sector in starting improve.