This is what i'm saying The provincial government of Zamboanga del Sur has passed a resolution allowing TVI Resource Development (Phils.) Inc. (TVIRD) to operate its gold-silver project in Sitio Balabag, the company said over the weekend.
TVIRD, a unit of the Canadian miner TVI Pacific Inc., said that the province's Sangguniang Panlalawigan (SP) approved resolution No. 2K13-1151, authored by council member Edward Pintac, after studying TVIRD's copper-zinc project in Sitio Canatuan, Siocon, Zamboanga del Norte.
The company will decommission the Canatuan mine this year, but will still make shipments from the mine in the fourth quarter of the year.
It plans to start operations in Balabag, where it holds a mineral production sharing agreement covering 4,779 hectares, in 2014. The site is expected to produce about 50,000 ounces of gold a year.
Brains!