Corporate Profile for Metallica Resources Inc., dated Feb. 12, 1999.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Feb. 12, 1999
Company Name: Metallica Resources Inc.
Address: 3979 E. Arapahoe Rd., Ste. 100
Littleton, CO 80122 USA
Main Telephone
Number: 303-796-0229
Internet Home
Page Address
(URL): www.metal-res.com
Chief Executive
Officer: Craig J. Nelsen
Chief Financial
Officer: Brad Blacketor
Investor Relations
Contact: Louis A. Lepry, Jr.
Business number: 303-796-0229, Ext. 303
Home number: 303-850-9794
Public Relations
Contact: Louis A. Lepry, Jr.
Business number: 303-796-0229, Ext. 303
Home number: 303-850-9794
Trading Symbol/
Exchange: The Toronto Stock Exchange: MR
The Nasdaq Small Cap: METLF
Industry: Mineral Exploration & Development
Market Makers: Southwest Securities Inc., National Securities Cp,
Knight Securities LP, Mayer & Schweitzer Inc., Troster Singer Corp.,
Wien Securities Corp, NAIB Trading Corporation.
Company description: Metallica Resources
Metallica Resources (TSX: MR and NYSE: MRB) is a Canadian based mineral and gold mining company. is a Canadian precious metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. exploration and development company headquartered in Denver. The geographic focus of the company is Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , specifically Mexico, Chile and Brazil. Metallica's flagship asset is its 50% joint venture interest in the Cerro San Pedro gold-silver project in San Luis Potosi San Lu·is Po·to·sí A city of central Mexico northeast of León. It was founded in the late 1500s and is a mining, transportation, and industrial center. Population: 659,000. Noun 1. , Mexico. Cambior Inc can earn a 50% interest in Cerro San Pedro by spending the next US$20 million on the project which is currently in the pre-construction phase. Cambior is a large, Quebec-based mining company with operations across the Americas. Production is scheduled for the first half of 2000 at an anticipated annual rate of 110,000 ounces of gold and 2,500,000 ounces of silver. Cash production costs at Cerro San Pedro are projected to be the lowest quartile Quartile A statistical term describing a division of observations into four defined intervals based upon the values of the data and how they compare to the entire set of observations. Notes: Each quartile contains 25% of the total observations. on a global basis. Revenues from this exciting new project will market the first in Metallica's then five-year corporate history. The company is exploring its 100%-owned, 25,000-hectare Mara Rosa Mara Rosa is a small town and municipality in north-central Goiás state, Brazil.
Metallica Resources' shares are listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (MR) and on NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on (METLF) and have traded in the US$.50- $2.00 range over the past year. |
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