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TVI Pacific Inc V.TVI

Alternate Symbol(s):  TVIPF

TVI Pacific Inc. is a Canadian resource company focused on mining projects in the Philippines. The Company holds a 30.66% interest in TVI Resource Development Phils., Inc. (TVIRD). TVIRD's assets include the wholly owned Balabag gold-silver mine and Siana gold mine (Siana). It also has in its portfolio of projects its 100%-owned Mapawa project (gold), a 60% indirect interest in the Mabilo project (a copper-gold-iron skarn deposit that offers potential for multi-metal products, namely copper, gold and silver, with by-products magnetite and pyrite), and a 60% interest in Agata Mining Ventures Inc. (nickel/iron DSO mine). Siana is located in Tubod, Surigao del Norte, approximately 35 kilometers from Surigao City and near to Lake Mainit. The Balabag Gold and Silver Mine, which spans a 4,779-hectare Mineral Production Sharing Agreement. The mine is situated within the municipalities of Bayog in Zamboanga del Sur and Diplahan and Kabasalan in Zamboanga Sibugay, Mindanao, Philippines.


TSXV:TVI - Post by User

Bullboard Posts
Comment by lap49on Mar 02, 2006 1:50pm
165 Views
Post# 10451244

RE: NEWS

RE: NEWSI wrote to Paul Moon from TVI and question about the high cost of production. The following is his answer "People seem to forget what we are doing at Canatuan. The point is we are producing, increasing resources, increasing throughput and optimizing at the same time. Costs have come down dramatically shown in January numbers. There will be an update regarding costs going forward….in addition, with Sulphide plant coming on stream at end of 2006, costs will come down further. Stay tuned." lap
Bullboard Posts