JUNE 2023 QUARTER OUTLOOK Metallica’s focus for the June 2023 quarter is to: » Complete the Definitive Feasbility Study (DFS) for the Cape Flattery Silica Sand Project; » Advance the EIS with the Federal Department of Climate Change Energy Environment and Water (note – significant environmental studies are already complete) » Continue to progress studies on options to build a barge-loading facility to tranship silica sand onto Ocean-Going Vessels; » Submit an Environmental Authority application and Progressive Rehibilitaiton Closure Plan; » Progress negotiations and work toward finalising agreements with the Traditional Landowners for future mining operations; » Continue an assessment on the silica sand market and potential for establishing customer off-take agreements; » Continue further metallurgical test work on the silica sand and iron variability study, with the results of this work feeding into the plant design and final product specifications; and » Complete additional drilling at the Clermont Copper-Gold project noting that any investment will not impact the progression of MLM’s Cape Flattery Silica Sand project towards production.
MLM Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held
