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To: lorne who wrote (69078)	5/11/2001 5:09:09 PM
From: Gary H	Respond to of 116931

Attention Business Editors: Franco-Nevada Increases Interest in Metallica Resources TORONTO, May 11 /CNW/ - Franco-Nevada Mining Corporation Limited (TSE:FN) has increased its interest in Metallica Resources Inc. by acquiring an additional 1,276,000 common shares to hold 3,455,852 common shares or 12.76% for $735,870 before commission. The transactions occurred through the facilities of The Toronto Stock Exchange. Franco-Nevada has acquired its interest for investment purposes and will review its holdings from time to time and may increase or decrease its position as future circumstances dictate. %SEDAR: 00002195E