MLM INTEREST 100%
36Km2 – Exploration Tenure EPM 25734
MLM 100% - through subsidiary Cape Flattery Silica Pty Ltd

The Cape Flattery Silica Sand (CFS) Project is located in the Cape Flattery area, on the eastern coastline of Cape York Peninsula, 220 km north of Cairns, and 55km from Cooktown. Metallica is developing the CFS Project adjacent to the Cape Flattery Silica Sand mining and shipping operation owned by the Mitsubishi Corporation.

Following promising initial exploration drilling in late 2019, confirming high purity silica sand within EPM 25734 further drilling programs were undertaken in 2020 and 2021 followed by the successful completion of a Pre-Feasibility Study in March 2022, Definitive Feasibility Study in July 2023 and Updated Definitive Feasibility Study in November 2023.

The Updated Definitive Feasibility Study outlines the proposal to extract and process raw sand to produce a high purity silica sand (HPSS) product of suitable quality for glassmaking in the manufacture of display panels, e-glass and in particular solar PV glass of which over 80% of global supply is manufactured in the Asia Pacific region. Export by ship is planned from Cape Flattery to glass manufacturing companies, most likely in Asia.

The Project area is bounded by the Cape Flattery coastline in the Cape Flattery Port area, which is owned and operated by Ports North, a Queensland Government owned corporation. Ports North owns the Mitsubishi leased jetty, just south of the Projects tenement, with the jetty’s ship-loading equipment primarily owned by Mitsubishi Corporation (Mitsubishi).