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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

Comment by rockingroosteron Aug 01, 2021 4:09pm
386 Views
Post# 33638658

RE:RE:RE:Siana

RE:RE:RE:SianaI am sure you are aware that the Philipine mining climate has greatly improved lately and in TVI's  July 28,2021 press release re Siana contains the following statement..." "Management and directors of TVIRD believe that the acquisition will expand TVIRD's resource base, especially its gold bearing resources, and further extend the life of TVIRD.  Data reviewed by TVIRD to date suggests that the mineralised tenements at Siana have the potential for further mineral resource expansion.  Management and the directors of TVIRD are excited about the Acquisition, which coincides with the anticipated start-up at Balabag and positive changes in the Philippines Government and financial community attitudes towards mining projects.  TVIRD's management and directors also consider the Acquisition to be compatible with TVIRD's ongoing consideration of an initial public offering in the Philippines.  Management of TVI anticipate that the Siana acquisition will be a unique opportunity that will add value for TVI and its shareholders through TVI's investment in TVIRD and the opportunities provided by both Siana and Mapawa."
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