A mining company in Canada is running the Taysan Project in the Philippines, exploring for advanced copper-gold porphyry deposits.
Located on the island of Luzon, 100km south of Manila, in the Batangas Province, the project also comprises the Antipolo Epithermal Gold Mine.
Modern exploration began in this area in 1968, with most of the work concentrating on resources definition drilling and assessment of the deposits to be found. Such work has found various concentrations of gold and copper in the 11,254 hectare area, and feasibility studies have been undertaken by HBP Engineering and Pincock Allen & Holt. High grade copper concentrate with gold, silver and magnetite are products expected to be mind at the Project.
The mining company in Canada, based in Vancouver, hopes that the mine will have a working life span of 25 years with a payback in three years.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment