EDITOR: | December 17th, 2012

Metallica Minerals: Gippsland Project Option Lapses

| December 17, 2012 | No Comments

Metallica-Minerals-LtdDecember 17, 2012 (Source: Metallica Minerals) — Metallica Minerals Limited (ASX:MLM) wishes to advise that its option to acquire the Gippsland Heavy Mineral Sands project has now lapsed.

Metallica has decided not to proceed with the acquisition. Metallica remains focussed on
developing its flagship SCONI (scandium-cobalt-nickel) project and the Urquhart Point heavy mineral sands project.



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