Metallica Minerals Limited
ASX:MLM ISIN:AU000000MLM0
News
Mr Andrew Gillies has been Managing Director of ASX-listed Metallica Minerals Limited and its subsidiaries since 1997. He has been instrumental in the selection and acquisition of all the mineral assets now held by the Metallica Group. Mr Gillies is a founding Director of Metallica Minerals, Cape Alumina Limited and MetroCoal Limited and also a board member of the Queensland Resources Council, Orion Metals Limited and Planet Metals Limited.
Queensland's potential to host one of the newest and most advanced tri-metal mining and processing operations in Australia has moved a key step forward with a just completed scoping study finding the A$132 million project "economically and technically robust".
Metallica Minerals Limited (ASX:MLM) is pleased to announce positive results from its initial scoping study on the proposed Stage 1 mining and processing of the Company's wholly-owned NORNICO nickel-cobalt & scandium project northwest of Townsville in North Queensland.
Metallica Minerals Limited (ASX:MLM) advises that its 76% owned subsidiary, Planet Metals Limited (ASX:PMQ), has signed signed a Share Sale Agreement with Tropical Metals Pty Ltd in respect of Planet Metals' 100% owned subsidiary, Wolfram Camp Mining Pty Ltd ("WCMPL") for a total sale price (including deposits) of A$7.9 million.
Metallica Minerals Limited (ASX:MLM) advises that its 76% owned subsidiary, Planet Metals Limited (ASX:PMQ), has signed signed a Share Sale Agreement with Tropical Metals Pty Ltd in respect of Planet Metals' 100% owned subsidiary, Wolfram Camp Mining Pty Ltd ("WCMPL") for a total sale price (including deposits) of A$7.9 million.
Metallica Minerals Limited (ASX:MLM) is pleased to announce the completion of its first formal JORC resource estimates for the Greenvale and Lucknow nickel-cobalt laterite deposits within the southern portion of the Company's wholly-owned NORNICO nickel-cobalt & scandium project northwest of Townsville in North Queensland.
Metallica Minerals Limited (ASX:MLM) is pleased to announce that a maiden resource estimate has been completed for the scandium (Sc) mineralisation at the Lucknow Scandium Laterite deposit within the NORNICO nickel-cobalt-scandium project in North Queensland.
New follow-up drilling completed this month has confirmed continuous scandium mineralised zones including high grade intersections, in two target areas of Metallica Minerals Limited's (ASX:MLM) Lucknow nickel-cobalt and scandium project near Greenvale within the southern area of the Company's flagship NORNICO project northwest of Townsville in Queensland.
Metallica Minerals Limited (ASX:MLM) advises that its 76% owned subsidiary, Planet Metals Limited (ASX:PMQ), has signed a Heads of Agreement (Option to Purchase) for the sale of the Planet Metals Limited subsidiary which holds the Wolfram Camp tungsten project for A$8 million.
Drilling is expected to be completed by mid June on Metallica Minerals Limited's (ASX:MLM) 100% owned Greenvale nickelcobalt deposit within the Company's broader NORNICO Ni-Co-Scandium project area northwest of Townsville in Queensland.
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