Noranda puts El Morro on hold

Vancouver - Noranda (NRD-T) has tabled a 2003 budget of only US$830,000 for Metallica Resources' (MR-T)El Morro copper-gold property in Chile.The funds include a final US$500,000 payment to BHP Billiton (BHP-N) due in July 2003, US$170,000 for land holding costs...

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