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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 Bloojay1111on May 11, 2023 4:08pm
262 Views
Post# 35443988

Tonnes per day

Tonnes per day

Initial Target for TPD (tonnes per day) at Balabag was 2000. In the latest news release a TPD of 3500 was achieved and is now the benchmark going forward. 

Based on the extra throughput of 1500 TPD The increase Gold/Silver recovery's are the following. 

1500 TPD x 1.81 gt gold = 2715 grams
2715 divided by 28.35 (grams per ounce) = to 97 extra ounces of gold per day. 

1500 TPD x 68 gt silver = 102000 grams 
102000 divided by 28.35 = 3958 ounces. 

97 ounces of gold x 2000 $ = 194000$

3958 ounces of silver x 24 $ = 95000$ 

total of 289000$ extra every day. 


good luck to all

Cheers
Bloojqy
 

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