Metallica Minerals Limited (Metallica) (ASX:MLM) was incorporated in 1997 by Founding and Managing Director Andrew Gillies. Metallica was established with the primary objective of creating opportunity and wealth for its shareholders through the evaluation and development of mineral projects in Queensland. Metallica was listed on the Australian Stock Exchange November 2004 (ASX:MLM). Metallica's focus and flagship project is its North Queensland Nickel Cobalt (NORNICO) 
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.
As a result of a significant increase in MetroCoal Ltd's (ASX:MTE) share price last week and regular questions raised by shareholders and investors; Metallica Minerals Limited (ASX:MLM) is pleased to provide an update on its cash position and the approximate value of the Company's ASX-listed investments, as of today's date. Similar updates will be issued periodically.
Metallica Minerals Limited (ASX:MLM) is pleased to advise that its 76% owned subsidiary, Planet Metals Limited (ASX:PMQ), has announced that the sale of the Wolfram Camp Project has been completed.
Following a significant increase last week in the share price of MetroCoal Limited(ASX:MTE) (Metallica 45.3% shareholding) and frequent questions from shareholders and investors, Metallica Minerals Limited (ASX:MLM) is pleased to provide an update on its cash position and the approximate value of the Company's ASX-listed investments, as of today, 19 April, 2011. Similar updates will be issued periodically.
Metallica Minerals Limited's (ASX:MLM) wholly-owned subsidiary, Oresome Australia Pty Ltd, advises that it has commenced the permitting and statutory approval process for its Urquhart Point Heavy Mineral Sands Project in Cape York, Queensland, with the release of the Draft Terms of Reference for the project's Environmental Impact Study, together with its Initial Advice Statement.
Metallica Minerals Ltd (ASX:MLM) is pleased to announce that the Company is planning to move to fulltime technical and metallurgical development of its 100%-owned NORNICO cobalt, nickel and scandium project northwest of Townsville in North Queensland.
Metallica Minerals Limited (ASX:MLM) is pleased to announce the assay results for the remaining 78 drill holes from the Phase Two drilling program (GVM418 to GVM 779 which comprised 362 holes totalling 7,693m), on the Greenvale project which have not been previously reported.
Metallica Minerals Limited (ASX:MLM) is pleased to announce the completion of the Phase 2 drilling program at the former Greenvale Nickel Mine at the southern end of the Company's wholly owned NORNICO nickel-cobalt and scandium project in north Queensland.
Metallica Minerals Limited (ASX:MLM) is pleased to announce the appointment of Brisbane-based experienced finance and resources executive, Mr Barry Casson, as an independent non-executive Director of the Company effective from 1 December 2010. Mr. Casson will also act as Independent Chairman of the Company's Audit and Risk Committee.
A second phase of drilling has commenced at Metallica Minerals's (ASX:MLM) wholly owned Greenvale nickel-cobalt mine site approximately 170km NW of Townsville in northern Queensland. The drilling is aimed at identifying additional Nickel-Cobalt resources outside the current resource boundaries. To date 175 RC and Aircore holes have been drilled at Greenvale for 4,000m of which assay results have been received for the first 100 holes (GVM418 to 517).
