What's all this hype about MLM seems to of came into it's own. Running into some volume, interesting resource it discovers;
Cape Flattery Silica Sand Project advances as Mining Lease Application Lodged Highlights.
•Mining Lease Application (MLA) lodged for the Cape Flattery Silica Sand project .
•The MLA area of 616 Hectares contains the current JORC Mineral Resource of 38mt and will be the area of focus for the next phase of drilling, which is planned to be completed in July 2021.
•Metallurgy study results are planned to be completed this month and the Scoping Study is planned to be completed thereafter
•Dry season environmental studies to start in late June 2021 Metallica Minerals Limited is pleased to announce that a Mining Lease Application (ML100284) has been lodged with the Queensland Department of Resources for its 100% owned Cape Flattery Silica sand project.
According to industry research firm IMARC Group, high-purity silica sands are becoming more sought after, with the global market growing at a compound annual growth rate (CAGR) of around 6% between 2010 and 2017. In 2017, a total of 188 Mt of silica sand was produced globally. This growth has been driven by silica sand’s applications across a broad range of industries including glass-making, foundry casting, water filtration, chemicals and metals, hydraulic fracturing and an increasing number of hi-tech products, including solar panels. For example, in the global glass-making industry, one of the major consumers of high-purity silica has experienced significant growth recently from the construction and automotive industries. IMARC also estimated the globalsilica sand market could grow from US$7 billionin 2019to US$20 billion in 2024
www.metallicaminerals.com.au