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Metallica Resources Reports Restriction Imposed on Blasting Permit for Cerro San Pedro Project, Mexico
TORONTO, ONTARIO--(MARKET WIRE)--Apr 7, 2006 -- Metallica Resources Inc. (Toronto:MR.TO - News)(AMEX:MRB - News) today reports that SEDENA (Secretaria de Defensa National) has responded to a court order and renewed a previously imposed restriction on the explosives operating, or blasting, permit it issued to Metallica's Mexican subsidiary, MSX, for the Cerro San Pedro (CSP) project for the calendar year 2006. This restriction resulted from a legal action similar to a previous action brought against SEDENA to prohibit it from authorizing the use of explosives on ground owned communally by the ejido of Cerro de San Pedro, which includes the pit area and the access road to the pit. MSX is working through both political and legal channels to have this restriction lifted and MSX counsel believes that it can be resolved within the next several weeks. This new restriction is not currently expected to impact the completion of construction, which is scheduled for the end of 2006. .. .. (yadda yadda yadda.. whatever) .. Full Story: http://biz.yahoo.com/iw/060407/0122047.html
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