Runruno Foundation

The Runruno Foundation aims to provide the local community with the infrastructure and tools to improve their quality of life. The group focuses on empowering people so that they are able help themselves, and supports local improvement programs in education, health care, sanitation, employment, environmental awareness and literacy.

The aim is to provide a lasting legacy for the local community so that villagers are able to continue raising their standard of living many generations into the future.

The project is jointly financed by Metals Exploration PLC and the Government of the Philippines, and run by a dedicated team of local people.

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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