Mines Management, Inc., has retained Canaccord Genuity Corp. as its financial advisor as the company moves forward with the Montanore mine in Northwest Montana.
The move is the latest as Mines Management moves forward with the Montanore Silver-Copper Project, which contains one of the largest known deposits of silver and copper in the Americas. The property is located in northwestern Montana.
Mines Management recently announced the completion of the permitting process and issuance of the Record of Decision for the project, allowing the project to move forward through final evaluation and a definitive feasibility study. The project is permitted to operate up to 20,000 tons per day, and the PEA projected sales of 6.4 million ounces of silver and 51 million pounds of copper annually.