Metallica Minerals Limited (ASX:MLM) Diggers And Dealers Presentation August 2009

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

About Metallica Minerals Limited

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)

 

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