ST Augustine Gold and Copper and its joint venture partner Nationwide Development Corporation (NADECOR) has received approval of the Environmental Impact Statement (EIS) for the King-king Copper-Gold Project in Mindanao. The EIS has been approved by the Philippine Environmental Management Bureau (EMB), the responsible regulatory body in the Philippines.
PHILEX Mining Corp believes the mine life of the Padcal Gold Project in Benguet Province may be extended beyond 2020. This is as a result of additional resources being identified in the underground operation.
MEDUSA Mining’s Philippine operating company, Philsaga Mining Corporation, advises that a major corridor of gold in soil geochemistry anomalies have been defined at Guinhalinan prospect which is adjacent to the company’s 1.14 million ounce Bananghilig mineralized system. Bananghilig is to the north of Medusa’s operating Co-O Gold Project in northeast Mindanao.
THE latest high-grade gold results from Red Mountain Mining’s Batangas Gold Project in southern Luzon have increased the potential of early trial mining and ore sale or toll processing. The results look likely to increase and upgrade the high-grade, at surface, mineral resource in the South West Breccia (SWB) lode structure of Lobo prospect.