- SCOPING STUDY PROGRESSING WELL – COMPLETION IMMINENT
- METALLURGICAL TESTWORK ONGOING – OUR FIRST HIGH PURITY SCANDIUM OXIDE PRODUCED
- DISCUSSIONS ONGOING WITH POTENTIAL SCANDIUM OFFTAKERS IN THE ALUMINIUM MASTER ALLOY & FUEL CELL SECTORS
Australian resource development company, Metallica Minerals Limited (ASX:MLM), is pleased to provide a brief status update on the NORNICO “Tri-metal” project.
Metallica has commissioned engineering consultant firm Jacobs, in collaboration with its own project team, to complete a Scoping Study on the NORNICO project. The Scoping Study is well advanced and will be completed by the end of June. The Scoping Study (+/- 35% accuracy) is based on the development of a 750,000 tonne per annum nickel-cobalt & scandium laterite operation sited on the Greenvale Nickel Mine site in North Queensland. Metallica is confident that the results of the Scoping Study will be positive both from an operational and financial point of view.
Environmental studies and permitting activities are also progressing favourably.
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