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) 
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.
At completion of the 1 MLM : 22 QOL Scrip Offer on 9 June, Metallica Minerals Limited (ASX:MLM) acquired 71% of Queensland Ores Ltd (ASX:QOL) which holds two very attractive Queensland resource projects; 85% of the Wolfram Camp wolfram (tungsten) and molybdenite mine (currently on care and maintenance) and 100% of the Mt Cannindah copper gold deposit.
Under-explored areas of South Australia's minerals province, have been targeted by Metallica Minerals Limited (ASX:MLM) in the Company's first venture outside of its core Queensland based multi-commodity resource portfolio, citing the three highly attractive tenements (Toby, Lake Torrens and Merna Mora) with SA Olympic Dam type targets as highly appealing in current market environments.
Under-explored areas of South Australia's minerals province, have been targeted by Metallica Minerals Limited (ASX:MLM) in the Company's first venture outside of its core Queensland based multi-commodity resource portfolio, citing the three highly attractive tenements (Toby, Lake Torrens and Merna Mora) with SA Olympic Dam type targets as highly appealing in current market environments.
The Australian share market yesterday closed slightly higher with a good lead from Wall Street. The benchmark S&P/ASX200 index gained 12.7 points, or 0.3 per cent, at 3801.1, while the broader All Ordinaries index rose 13.7 points, or 0.4 per cent, to 3795.3. There was a sell-off in late trading as investors drew cash to participate ANZ's capital raising.
The JORC-compliant Inferred and Indicated Resource estimate was prepared following a successful 16 hole drilling program completed recently at Juandah Prospect by MetroCoal, an 84% owned subsidiary of, Metallica Minerals Limited (ASX:MLM).
Metallica Minerals Limited (ASX:MLM) (Metallica) is pleased to confirm that Outback Metals Limited (ASX:OUM) has accepted Metallica's Offer for QOL. As at 7.00pm on 26 May 2009, Metallica had received acceptances for 61.95% of the shares in Queensland Ores Limited (QOL), including the shares held by Outback.
Metallica Minerals Limited (ASX:MLM) has reached agreement with QOL on the terms of the $1 million in funding to be provided by Metallica to QOL. A summary of the principal terms of the Funding Agreement are as follows.
Metallica Minerals Limited (ASX:MLM) today announced that it will not extend its offmarket takeover offer for all of the shares in Queensland Ores Limited (QOL) past its current closing date.
Metallica Minerals Limited (ASX:MLM) advises that Mr Mark Ashley has today resigned as a Director of the Company. Mr Wu Shu has joined the Board as a nominee of the Jilin Nickel/Jien Mining Pty Ltd which now holds 19.95% of Metallica (refer to ASX release dated 11 May 2009).
