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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 Aug 12, 2021 11:47am
307 Views
Post# 33692586

Balabag ROM stockpile still growing, will pay some bills.

Balabag ROM stockpile still growing, will pay some bills.49 days to chew through the ROM, will yield 4540 ounces Gold and 155,850 ounces Silver,Total usd $ 11,146,000
( 1700 gold/22 silver)


"As at August 2, 2021, there are an approximate 99,000 tonnes of mineralized material on the ROM mineralized stockpile, in-pit stockpile, and crushed mineralized stockpile, much of which is low to marginal grade and was mined to expose the higher-grade mineralized resource during waste stripping and bench forming. The stockpiles have an average grade of 1.30 g/t gold and 44.63 g/t silver."
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