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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 TheCardinalon Jun 04, 2023 12:46pm
414 Views
Post# 35479196

Siana's "soft" numbers Dec - Mar

Siana's "soft" numbers Dec - MarNot too shabby.  Since the first of the year, gold has never been lower than $1800 an ounce and silver no lower than $20, so using those minimum numbers, we have... 

Gold :  2,472 oz x $1800 / oz = at least $4,449,600 worth of gold
Silver : 3,065 oz x $20 / oz  = at least $61,300 worth of silver 

And this.. from the "junk-grade" ore. 
And TVI's Market Cap is just a little over $20 million????  Siana alone could deliver $20 million in revenue by EoY at this rate and with just the "junk-grade" ore.   Oy vey! 
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