|
|
Article: Metallica Minerals Limited (ASX:MLM) Quarterly Report For The Period Ending 30 September 2009
- Article from:
- abnnewswire.net
- Article date:
- November 2, 2009
- Author:
CopyrightCopyright 2009 ABN Newswire. (Hide copyright information)
|
Metallica Minerals Limited (ASX:MLM) is pleased to present its September 2009 quarterly activities report.
As at 30 September 2009, Metallica's consolidated cash was A$14.9 million including interest income of A$227,000 received during the June Quarter.
Exploration and evaluation expenditure totalled A$1.76 million, production A$0.46 million (Ootann) and administration expenditure was A$0.657 million for the quarter to 30 September 2009. The total combined June quarterly expenditure was approximately A$2.4 million.
The estimated exploration and evaluation expenditure by Metallica for the December 2009 quarter is A$1,950,000. Significant additional project expenditure was completed in the ...