Metallica Minerals Limited (ASX:MLM) Diggers And Dealers Presentation August 2009
Brisbane, Aug 5, 2009 AEST (ABN Newswire) - Metallica Minerals Limited (ASX:MLM) is pleased to be exhibiting at this year's Diggers and Dealers Mining Forum which is taking place from 3-5 August in Kalgoorlie.
Metallica is in an excellent position to endure the downturn in commodity markets and the GFC, progress its core mineral properties, acquire attractive opportunities & major investments.
Metallica's track record and focus is to secure, value add and develop Queensland resources.
Metallica has a dedicated team of highly experienced professionals with exploration, resource development, mining and corporatefinancial expertise.
Corporate Vision is to become a highly profitable long-term diversified minerals producer, whilst maintaining the highest social, environmental and safety standards.
Successfully listed Cape Alumina on the ASX in Jan 2009 retaining a 32% shareholding (42M shares @ ~50c ps) - value ~A$20 million.
Successfully acquired 76% Queensland Ores Limited which holds two significant Qld resource projects (Wolfram Camp W-Mo & Mt Cannindah Cu-Au) both with granted ML's, plus acquiring processing plant and equipment which cost over A$20 million for Metallica scrip (~7M shares) or ~6% of MLM's expanded capital.
Well funded A$16.34 million cash, no debt, MCap~A$36M
50Mt Nickel-Cobalt resource (containing 364Kt Ni & 29Kt Co) potential for long life Ni & Co production.
MLM owns 42M shares (~33%) in Cape Alumina (CBX) - large 100% owned holding in world class bauxite province.
84% MetroCoal holds ~4,000 km2 Surat Coal Basin Excellent potential for conventional thermal coal, UCG-GTL fuels & energy.
Active corporately - acquiring 76% of QOL which has the Wolfram Camp Tungsten-Moly mine and Mt Cannindah Cu-Au resource.
For the complete Metallica Minerals Diggers And Dealers Presentation 2009, please click the link below:
http://www.abnnewswire.net/media/en/docs/61201-ASX-MLM-212514.pdf
Contact
Mr Andrew Gillies
Managing Director
Metallica Minerals Ltd
Tel: +61-7-3891-9611
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