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TVI Pacific Inc V.TVI

Alternate Symbol(s):  TVIPF

Metals & Mining Industrial Metals & Minerals
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

TVI Pacific Inc > Completes Acquisition of Siana Gold Project
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Comment by rockingroosteron Sep 20, 2021 10:12am
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Post# 33886180

RE:Completes Acquisition of Siana Gold Project

RE:Completes Acquisition of Siana Gold ProjectThis is FANTASTIV NEWS.TVI/TVIRD will be well positioned with 2 gold mines.
Of special note in today's news release are the following;
TVIRD has fully funded the cash portion of the purchase price for the GRC Shares from internal resources.
TVIRD's plan is to recommence operations at Siana as soon as possible and TVIRD is presently developing plans in furtherance of this objective.TVIRD has been advised that all required permits are in place to restart Siana from its current voluntary care and maintenance status, including an Environmental Compliance Certificate and an approved Declaration of Mining Project Feasibility, both from the Philippines government
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