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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 blackbirdon Mar 22, 2022 2:41pm
180 Views
Post# 34535308

Mabilo project

Mabilo projectTVIRD aquires 60 % of this....considered high grade deposit....rapid payback....low capital and operating costs....8 year mine life with little exploration done yet to extend ,so excellent exploration potential....1.28 million ounces gold....copper...simple open pit....this Mabilo project stated it has "strong economics" at $1200 per ounce gold with huge profit increases with each dollar per ounce of gold increase.Sensitive to comodity prices.Capital requirerments only 17 million dollarrs? Must be a great deal or TVIRD would not of signed on. Must be a huge bonus for TVIRD and therefore TVI !!! Must start giving credit to "TVI" and probably value it more than we do. I read the info. quickly and may have got facts wrong but looks exciting.
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