Puray Overview
The Puray project lies 20km to the northeast of Manila and centres around the location and extraction of Gold, Silver, Copper and Zinc. The region is rich in these minerals due to huge sulphide deposits left by ancient volcanic activity.
The region has been explored and mined since the 1930s, however the work was limited in its scope until the 1970s, when more modern mining techniques began to be applied. The property is currently under application for an exploration permit.
Once secured, Metals Exploration Plc hold a signed option to the acquisition of 100% equity on the site from Metex Mineral Resources Corp. Once permission has been granted, Metals Exploration will undertake detailed mapping and analysis of the mineral deposits using the latest geophysical and geochemical techniques.