About Metals Exploration

Metals Exploration's management strategy and corporate plan is to:

  • Provide shareholders with high capital growth potential, delivered by developing a mineral project into a world class mine.
  • Undertake cost-effective and precise exploration on those targets most likely to deliver real shareholder wealth.
  • Respect the indigenous culture of the exploration areas and to promote social and economic development for the traditional custodians.
  • Maintain a "queue" of projects ranging from grass-roots exploration to advanced resource projects requiring definitive feasibility studies.
  • Manage the inherent value of its portfolio by advancing short-term projects, joint venturing long-term projects requiring significant development capital, or by selling off those assets which deliver immediate value to the shareholders.
  • Use financial modelling to ensure that the targets being sought are of the style to deliver a low-cost position on the production-cost curve.
  • Conduct operations in a safe and environmentally responsible manner to industry best practise standards.
  • Offer employment opportunities to those who live in the exploration project areas

Recent News

09.07.2008 - Appointment of Chairman and Finance Director
Metals Exploration is pleased to announce the appointment of Ian Holzberger as Executive Chairman and Tim Wheeler as Finance Director.
05.07.2008 - Scoping Study Update
Metals Exploration is pleased to provide an update on the progress of the Scoping Study being conducted on its Runruno gold molybdenum deposit in the Philippines
05.06.2008 - Grant of Additional Exploration Permits
Metals Exploration is pleased to announce that the Philippine Department of Environment and Natural Resources ("DENR") has granted two additional Exploration Permits to the Company.
16.05.2008 - Funds Raised via Placing
Metals Exploration is pleased to announce that the Company has raised £4.04 million (before expenses) through a placing of new ordinary shares at a price of 20p per share (the “Placing”).
15.04.2008 - Concept Study Completed
Metals Exploration is pleased to announce the results of its Concept Study into the economic viability of its 100% controlled Runruno gold-molybdenum (Au-Mo) project located in the Philippines.
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