Following a significant increase last week in the share price of MetroCoal Limited(ASX:MTE) (Metallica 45.3% shareholding) and frequent questions from shareholders and investors, Metallica Minerals Limited (ASX:MLM) is pleased to provide an update on its cash position and the approximate value of the Company's ASX-listed investments, as of today, 19 April, 2011. Similar updates will be issued periodically.
Asian Activities Report for April 13, 2011 includes: Condor Metals Limited (ASX:CNK) has completed sampling and geophysical work at its Kallona Creek project in Western Australia; Energy Ventures Limited (ASX:EVE) announced positive drilling results from the Aurora Uranium Deposit in USA; Anatolia Energy Limited (ASX:AEK) reported encouraging uranium results at the Temrezli joint venture project in Turkey; Pepinnini Minerals Limited (ASX:PNN) identified significant magnetite potential in South Australia.
South Boulder Mines Limited (ASX:STB) is very pleased to report that together with JV partner Independence Group NL (ASX:IGO) further highly significant Ni-Cu-PGE assays have been returned from the Rosie Prospect including a very high grade Palladium interval.
Asian Activities Report for April 5, 2011 includes: Extract Resources Limited (ASX:EXT) (TSE:EXT) has received a two year extension for the Husab Uranium Project in Namibia; Millennium Minerals Limited (ASX:MOY) has signed a joint venture agreement with Galliard Resources Corp.; Sylvania Platinum Limited (ASX:SLP) announced a JORC Inferred Resource estimate for the Northern Limb Resource; Sheffield Resources Limited (ASX:SFX) has commenced drilling at its Yandanooka heavy mineral sand project in Western Australia.
FerrAus Limited (ASX:FRS) (PINK:FRRAF) today announced that it had awarded the major contracts to complete its Definitive Feasibility Study and confirmed the appointment of key members of its senior management team.
Asian Activities Report for March 30, 2011 includes: DYESOL Limited (ASX:DYE) and Tata Steel (BOM:500470) will expand their joint photovoltaics development project in Britain; UGL Limited (ASX:UGL) has signed a property services agreement in the Kingdom of Saudi Arabia; Magma Metals Limited (ASX:MMW) updated on drilling operations at its Thunder Bay North platinum-palladium-copper-nickel project in Canada; Icon Energy Limited (ASX:ICN) signed a liquefied natural gas sales agreement in China.
Metallica Minerals Limited's (ASX:MLM) wholly-owned subsidiary, Oresome Australia Pty Ltd, advises that it has commenced the permitting and statutory approval process for its Urquhart Point Heavy Mineral Sands Project in Cape York, Queensland, with the release of the Draft Terms of Reference for the project's Environmental Impact Study, together with its Initial Advice Statement.
