This is a great step forward for Metallica and their Cape Flattery silica sand project. This major milestone brings them one step closer to permitting and production in early 2023 in what we strongly believe is shaping up to be one of the most exciting decades for the development of high purity silica sand projects. With the continued outlawing of riverbed sand mining in the developing world and the volume of construction and renewables build-out we are seeing, the demand for these products is only going to grow and Metallica along with Diatreme, and their unique high-quality Cape Flattery product, are extremely well-positioned to capture a premium place in the global market. We have just gone to 17.5% of Metallica and are strongly committed to seeing this mine come into production in the near future.
Click through to see the full announcement from Metallica Minerals below.