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Metalicity secures 2 copper prospective properties in Australia

Metalicity Ltd. has secured 2,166 square kilometers of exploration license applications in Western Australia's Pilbara region.

The project builds on a copper prospectivity study completed by the company covering the region, aligning with its strategy to focus on nickel and copper exploration.

The Desert Queen project covers a total area of 679 square kilometers while the the Mandora Beach project covers a total area of 1,487 square kilometers.

The company has started data compilation and project evaluation to ascertain areas of interest at the two projects and for possible future exploration.

Additionally, Metalicity said Nov. 13 that it is in the process of selling its zinc and lithium interests in Western Australia, with the expected receipt of up to A$35 million starting in the March 2019 quarter.