Pan de Azucar, listed last priority of 26 mining tenements..YET the FOURTH priority for TVIRD.Must be something in them there hills.
TVIRD has 1% ownership and can earn up to 60%.
Drilling appears to be complete.
TVIRD has an option to earn a 60% interest in the Pan de Azucar (“PDA”) Mining Joint Venture. At present the PDA Mining Joint Venture is held by Minimax (59%), Mindoro (40%, through MRL Nickel Philippines, Inc.) and TVIRD (1%). TVIRD holds an option to earn a 60% interest. PDA is covered by MPSA 135-99-VI (held by Minimax) covering an area of 535 hectares, with an expiry date of July 2024. The MPSA is located on Pan de Azucar island and adjacent to Panay Island, central Philippines, 200 nautical miles to the northwest of the Agata nickel/iron DSO mine.
Drill rigs have been mobilized to Pan de Azucar in October 2023 with the expectation to conduct resource drilling for 60 days.