Metallica Minerals has grown rapidly since listing in 2004 to emerge as one of the most progressive multi-minerals developers in Australia’s eastern states.
 
Metallica continues to chart courses of multi-minerals evaluation and resource development under the expert guidance of founding Managing Director, Andrew Gillies, and an industry-leading team of mine developers, exploration geologists, and corporate financiers.
 
Today, the Company’s 2,400 shareholders include China’s second largest nickel producer, the Jilin Nickel Group (through its subsidiary, Jien Mining Pty Ltd), and the highly respected resources-focused equity firm, Resource Capital Fund (RCF).
Metallica Minerals (ASX:MLM)
Company Directors
Mr Andrew Gillies (Managing Director)
Mr Barry Casson (Director, Non Exec. Director)
Mr David Barwick (Chairman)
Mr John Haley (Non Exec. Director, CFO)
DR. Tao Li (Alternate Director)
Mr Wu Shu (Non Exec. Director)
Contact Information
Phone: (07) 3249 3000
Website:

Address
LINK MARKET SERVICES LIMITED LEVEL 15, 324 QUEEN STREET, BRISBANE, QLD, Australia, 4000
Media Releases
Metallica Minerals Ltd, Quarterly Report to 31 December 2011
31 Jan,2012 06:12 PM

Project Highlights

NORNICO Ni-Co-Sc “Tri-Metal ” Project – 100% MLM

- Lucknow detailed infill & step out drilling program completed in mid December 2011
- Drilling comprising 163 holes (LKRC 311 to 473) for 3,520m
- All drilling results received - updated Mineral Resource estimate due by mid February 2012
- Best intercept this drilling program was 23m @ 462g/t Sc (inc 13m @ 627g/t Sc using 400g/t Sc COG)
- Metallurgical bulk samples for HPAL Pilot Plant ore testwork delivered to SGS Perth
- Work commenced on NORNICO Environmental Impact Statement (EIS) with various work packages contracted out to sub consultants
- Base line water sampling and dust monitoring programs commenced at the NORNICO sites
- Mining Lease Application (MLA) 10366 (269 Ha) was surveyed over the Lucknow Sc-Co-Ni resource.

WEIPA ZIRCON-RUTILE HMS PROJECT – 100% MLM

- 22 targets identified through remote sensing (magnetics & radiometrics) on exploration tenements which cover approximately 2,000km2 of highly prospective yet under explored region for heavy mineral sand deposits.
- Ongoing feasibility and environmental impact statement (EIS) studies on the Urquhart Point Project.

GIPPSLAND ZIRCON-RUTILE HMS PROJECT – MLM option to purchase 100%

- First drilling program comprising 43 holes (2,290m) was completed in December with maiden JORC resource estimate using over 240 drill holes is expected in March 2012
- Due Diligence is well advanced on acquiring project from Rio Tinto Exploration Pty Ltd.


To view full Report please download PDF below: