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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 Jun 21, 2022 2:05pm
226 Views
Post# 34771895

as per TVI website,appears some progress with Siana mine

as per TVI website,appears some progress with Siana mine

CURRENT ACTIVITIES

Rehabilitation of the plant at Siana is proceeding and includes the restoration and repair of the process plant equipment starting with the crushing circuit and power plant. The team has now completed the recovery of the barren carbon from the CIL tanks and this will allow access to the necessary repairs of this section. The carbon will be subjected to attrition testing and re-activation for reuse. Other focus areas include inspection and repair of flowmeters and instrumentation, the installation of roofing of the quick lime and hydrated lime, met lab, assay lab and compressor buildings and the re-establishment of the mine’s access roads and the pit’s perimeter drainage along with the building-up of the in-house fleet of heavy equipment.

Pre-stripping has commenced in the first quarter of 2022, together with TSF6 road construction and the clearing of the TSF6 basin. Construction of TSF6 forms part of the critical path to the restart of operations.

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