MLM metallica minerals limited
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xinfa exercises option

  1. aalto
    82 Posts.
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    07/02/07
    14:48
    Post #: 2174558
    More good news for MLM and Cape Alumina.

    Chinese company Xinfa has formally exercised its option to become a stakeholder in Cape Alumina.

    MLM expects the remaining 16 tenement applications covering Cape York bauxite occurrences to be granted in the first half of this year.

    A key benefit of the alliance with Xinfa may be in a future offtake agreement for the bauxite.

    A scoping study for a mining operation has commenced.

    MLM Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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