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TVI Pacific Inc TVIPF


Primary Symbol: V.TVI

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 Nov 04, 2024 1:09pm
182 Views
Post# 36295597

Just an exercise to confirm holding my position in TVI.....

Just an exercise to confirm holding my position in TVI.....Looking at TVIRD's mining projects solely based on the total value of minerals in the ground for Balabag,Siana  and Mabilo.
I am using a mid value of $100 usd per gold ounce in the ground.
Balabag 100% , total 331,000 ounces Minus gold mined to end of November 2024 of 136,000 = 195,000 remaing = $19,500,000 in the ground.
Siana 100% , total 720,000 ounces Minus estimated gold mined to end of Nov/24 of 40,000 =680,000 remaing = $ 68,000,000 in the ground.
Mabilo 60 % , 1,970,000 GEO  x 60% = 1,182,000 geo in the ground = $ 118,000,000

TOTAL VALUE of 3 Projects $ 205,500,000 x TVI's 30.6 % = $ 62,880,000 DIVIDED by 750,500,000 outstanding shares = $ .083 per share.

SUMMARY; I am good.glta

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