Based on an updated Definitive Feasibility Study (DFS) for its Cape Flattery Silica Sand Project in North Queensland, Metallica Minerals (ASX:MLM) believes it can potentially double the planned production from the project and slash its mine life by 10 years, significantly improving its ‘time value of money’. Executive Chairman Theo Psaros talks through the potential monetary benefits for investors and community benefits for the Cape Flattery area as the company edges towards production.
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