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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

Post by rockingroosteron May 26, 2021 9:51am
180 Views
Post# 33266904

Excerpt from MD & A, a great read for all TVI shareholders..

Excerpt from MD & A, a great read for all TVI shareholders..Mining operations are proceeding and there are now approximately 63,000 tonnes of ore on the ROM ore stockpile, in-pit stockpile, and crushed ore stockpile as at the date of this MD&A. Completion of the Tailings Storage Facility (“TSF”) remains as the critical path to bringing the Balabag Mine online with first dor production, which is being constructed in stages to accommodate progressively increasing resources as they are defined. It is expected that tailings deposition in the first phase, Stage 1, will commence in June 2021 with the final commissioning and operation of the processing plant.
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