MLY Multi Metal Development Ltd

American CuMo Mining Corporation (CuMoCo) (the "Company") (TSX
VENTURE:MLY)(OTCQX:MLYCF) is pleased to announce that it has established an
Idaho-based corporation named Idaho CuMo Mining Corporation to manage the
development of the CuMo Project. 


As the CuMo Project moves forward, having an Idaho-based operation and
leadership will provide greater access to relevant agencies and nurture state,
local and community relationships. The ongoing engagement of Idaho
professionals, local labour, geologists and mining industry experts confirms
CuMoCo's commitment to Idaho and Boise County.


"Since my appointment as CEO, I have made every effort to reaffirm our
confidence in the CuMo Project and our commitment to the community. The
successful development of the CuMo Project relies on a strong local presence and
expert management team based in Idaho. The formation of Idaho CuMo Mining
Corporation is the next step in our strategic plan," said Shaun Dykes, CEO. 


Additionally, CuMoCo is pleased to announce the launch of its new corporate
website. Shareholders and investors are encouraged to visit www.cumoco.com for
the latest news and developments of the CuMo Project. Furthermore, CuMoCo is now
profiled on four of Investing News Network's websites:
resourceinvestingnews.com; molyinvestingnews.com; copperinvestingnews.com; and
silverinvestingnews.com. 


CuMoCo's highest priority continues to be the ethical and sustainable
development of its 100%-owned CuMo Project. In the current stage of development,
the Company is focused on advancing the project towards feasibility and
developing a plan for one of the largest and lowest-cost molybdenum producers in
the world, as well as a significant producer of copper and silver. With a
professional, dedicated team and new funding in place, management is confident
that it is on the path of realizing the potential of the CuMo Project.


On behalf of the Board of Directors of American CuMo Mining Corporation

Shaun Dykes, Chief Executive Officer

Forward-looking information

This news release contains "forward-looking information" within the meaning of
applicable Canadian securities legislation including, but not limited to,
statements that address activities, events or developments that CuMoCo expects
or anticipates will or may occur in the future, such as the CuMoCo's ability to
move its CuMo project to feasibility and production, and to become one of the
largest and lowest-cost molybdenum producers in the world as well as a
significant producer of copper and silver. Forward-looking information is based
on a number of material factors and assumptions, including the result of
exploration activities, the ability of CuMoCo to raise the financing for a
feasibility study and to put the CuMo project into production, that no labour
shortages or delays are experienced, that plant and equipment function as
specified that the Court will not intervene with CuMoCo's proposed exploration
activities at the CuMo project, and the ability of CuMoCo to obtain all
requisite permits and licenses to bring the CuMo project into production.
Forward-looking information involves known and unknown risks, future events,
conditions, uncertainties and other factors which may cause the actual results,
performance or achievements to be materially different from any future
prediction, projection or forecast expressed or implied by the forward-looking
information. Such factors include, among others, the interpretation and actual
results of current exploration activities; changes in project parameters as
plans continue to be refined; future prices of molybdenum, silver and copper;
possible variations in grade or recovery rates; labour disputes and other risks
of the mining industry; delays in obtaining governmental approvals or financing,
as well as those factors disclosed in CuMoCo's publicly filed documents. There
may be other factors that cause actions, events or results not to be as
anticipated, estimated or intended. There can be no assurance that
forward-looking information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
information. Except as required under applicable securities legislation, CuMoCo
undertakes no obligation to publicly update or revise forward-looking
information.


FOR FURTHER INFORMATION PLEASE CONTACT: 
American CuMo Mining Corporation
Shaun Dykes
Chief Executive Officer
(604) 689-7902
(604) 689-7816 (FAX)
info@cumoco.com
www.cumoco.com

Multi Metal Development (TSXV:MLY)
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Multi Metal Development (TSXV:MLY)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025