TVI Pacific Inc V.TVI

as per TVI website,appears some progress with Siana mine

[rockingrooster]

CURRENT ACTIVITIES

Rehabilitation of the plant at Siana is proceeding and includes the restoration and repair of the process plant equipment starting with the crushing circuit and power plant. The team has now completed the recovery of the barren carbon from the CIL tanks and this will allow access to the necessary repairs of this section. The carbon will be subjected to attrition testing and re-activation for reuse. Other focus areas include inspection and repair of flowmeters and instrumentation, the installation of roofing of the quick lime and hydrated lime, met lab, assay lab and compressor buildings and the re-establishment of the mine’s access roads and the pit’s perimeter drainage along with the building-up of the in-house fleet of heavy equipment.

Pre-stripping has commenced in the first quarter of 2022, together with TSF6 road construction and the clearing of the TSF6 basin. Construction of TSF6 forms part of the critical path to the restart of operations.

[stever50]

What about the operating mine we have now is it making some good money.  Why aren't we seeing it

[rockingrooster]

IMO the money made from Balabag will go to restarting Siana.Once Siana is up and running the money from Balabag and Siana will most likely go to Mabilo to get that going.This way TVIRD does not have to get more Chinese financing and after a time TVIRD will have 3 operating mines ALL PAID FOR.