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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

Bullboard Posts
Post by reyesingupon Oct 14, 2005 3:17pm
248 Views
Post# 9704697

More B S from the Philippines

More B S from the PhilippinesBishops to march against Arroyo's ‘immoral rule’ First posted 04:58am (Mla time) Oct 14, 2005 By Christian V. Esguerra Inquirer News Service VOWING to fight any emergency measures President Gloria Macapagal-Arroyo may be contemplating to maintain her “illegitimate and immoral hold on power,” three Roman Catholic bishops plan to lead hundreds of protesters on Friday afternoon in a march that will take them as close to Malacañang Palace as possible. Bishops Deogracias Iñiguez, Antonio Tobias, and Julio Xavier Labayen said they expect between 3,000 and 5,000 members and sympathizers of the Kilusang Makabansang Ekonomiya (KME, Movement for a Nationalist Economy) to take part in the protest. The group, which has been calling for the ouster of Ms Arroyo counts on members from the clergy and business sector. The rally is expected to gather some political figures opposed to the Arroyo administration such as former Vice President Teofisto Guingona, former Senator Wigberto Tañada, former Pangasinan governor and now TV host Oscar Orbos, lawyer Lorna Kapunan, and Senator Jamby Madrigal. The bishops suspect that the President is laying the groundwork for her exercise of extraordinary powers and said at a news conference yesterday that they were holding the march to protest the “eventual declaration” of emergency rule. They said the administration was using the controversial Executive Orders 464 and 467 along with the “calibrated preemptive response” policy to condition the public into accepting emergency rule. “Its ultimate objective is to retain its illegitimate and immoral hold on power,” said Labayen, reading from a KME statement. Protesters will gather at Plaza Miranda in Manila’s Quiapo district at 2 p.m. before marching to the churches of St. Jude, San Beda College, and San Sebastian College near Malacañang. St. Jude is right beside the palace. Organizers said they applied for a rally permit in the office of Manila Mayor Lito Atienza but got no response, which he said was tantamount to obtaining a permit under a Marcos-era law. Iñiguez said the Plaza Miranda gathering did not require a permit because it was a “freedom park.” Asked what they would do if the march were to be blocked by police, he replied: “Let them do their job and we will exercise our rights, too.” “Let’s see what will happen tomorrow,” said Metro Manila police Director Vidal Querol when asked how police would handle the protest. Labayen said Friday’s protest was also supported by fellow bishops Leo Drona of San Pablo City, Vicente Navarra of Bacolod City and Jose Manguiran of Dipolog City. The KME statement said the bishops and other members of the group were outraged by Ms Arroyo’s recent directives, which exhibited a “terminal drift to authoritarianism.” With a report from Luige A. del Puerto
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