Vancouver - Metallica Metals Corp. (CSE: MM) (OTC: MTALF) (FWB: SY7P) (the 'Company' or 'Metallica Metals') is pleased to announce assay results from diamond drill hole STR21-004 on its Starr Gold-Silver Project ('Starr' or the 'Project') in the Thunder Bay Mining District of Ontario, Canada.

The Project, which the Company has the right to earn up to a 100% interest from Benton Resources Inc. covers a large land position (5,991 ha) that includes several high-grade gold and silver occurrences within a 20 km long segment of the southwestern section of the Shebandowan Greenstone Belt.

Highlights:

Hole STR21-004 was collared in the Starr Central Zone approximately 30 to 40 m east of drill holes STR21-001 to 003 (assay results reported on November 25, 2021). This drill hole was planned to test the continuation (to the east and at depth) of high-grade gold mineralization seen at surface in drill holes STR21-001 and STR21-003 as well as confirm historical results from more than three decades ago.

Contact:

Tel: (604) 687-2038

About Metallica Metals Corp.

Metallica Metals Corp. is a Canadian junior mining company listed on the Canadian Securities Exchange ('CSE') and its common shares trade under the ticker symbol 'MM'. The Company is focused on acquiring and exploring gold-silver and platinum group metal (PGM) properties across Canada. The Company is currently exploring and developing its Starr gold-silver project, and Sammy Ridgeline and Richview Pine PGM projects, which are all located adjacent to advanced mining projects in the Thunder Bay Mining District of Ontario.

Forward-looking Information Statement

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