Process plant
Process Plant
Emergency Stockpile
Emergency stockpile
Process Plant
ASTER and Sag mill sections of the Process Plant
CCD-BIOX-ASTER tanks
CCD/BIOX/ASTER tanks
CIL
CIL tanks
Neutralization tanks
Neutralizaton tanks
pipes
Piping
pipes
Piping
Air-Water services
Air/Water services
RSI bridge
Bridge that will hold the RSI pipes
RSI pipes
Installation of pipes leading to RSI
BIOX laboratory
BIOX laboratory
BIOX laboratory
Switch yard
Mine access road
Mine access road
Safety berm placed along mine access road.
Safety berm placed along mine access roads.
Slope rehab
Slope rehabilitation
Gabion wall to protect river from flooding
Gabion wall to protect river from flooding
female driver
Female driver driving Komatsu HB785-7
Power lines
Power lines in full operation
Fully constructed road rehabilitation
Fully constructed road rehabilitation
Water system
Slope rehabilitation along the processing plant site
Slope rehabilitation along the processing plant site
Nursery
Regular water quality, air and noise monitoring are conducted within the FTAA area
Regular water quality, air and noise monitoring are conducted within the FTAA area
The company donated 1 Million coffee seedlings for the National Greening Program of the Philippine government.
Company donated 1 Million coffee seedlings for the National Greening Program of the Philippine government
Company-sponsored student scholars visiting the project site are given an orientation by a senior geologist
Two scholars of the company recently finished college education
Two scholars of the company recently finished college education
Community pharmacy and medical clinic funded by the company to cater to health needs of the community.
School children beneficiaries of feeding program
Basic Learning Program are given to adults who were not able to go to regular school
Aside from jobs, the community are given livelihood to help them stand on their own feet after the project decommissions
Animal dispersal as part of the livelihood program for the community
Medical mission, feeding program and other program for the benefit of the community

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Worldwide

On 7 March 2006 the Company announced that it had applied for an Exploration Permit (“EP”) for a property (“Worldwide”) located in the district of Northern Luzon, Philippines, adjoining the historic Santa Nino copper-gold producer.

The EP covers an area of approximately 5,845 hectares and is located about 10 kilometres to the northeast of Baguio City.  The property is underlain by quartz diorite and andesite rock types and was previously the subject of extensive exploration for copper-gold-molybdenum porphyry mineralization during the 1970’s.

On 20th June 2006 the Company further announced that certain historical data had been obtained and collated in respect of the application. Between 1974 and 1981, Worldwide Mineral and Industrial Corporation, a Philippine corporation, reputedly completed 44 diamond drill holes for an aggregate total of 12,989 metres over a surface area of 600m x 1,200m.

The data package obtained related to 34 of these holes, drilled on a grid spacing of between 100 and 200 metres, for an aggregate total of 10,407 metres. Worldwide estimated a non-JORC compliant resource of approximately 150Mt at an average grade of 0.3% copper and 0.2 g/t gold. In 1982, Worldwide submitted a small batch of samples (21kg) to the nearby Philex Metallurgical and Assay Laboratory for metallurgical testing. The laboratory reported that “the submitted sample was fast floating and no problem was encountered in producing separate concentrates of copper and molybdenum of marketable grade”.

Given the limited nature of the data collated so far, no assurance or implication is being given, or should be assumed to be being given, by the inclusion of this historical data that the mineralization has been, or will in the future be, deemed to be economic. The Company intends to carry out some confirmatory drilling once the EP application is granted and will then evaluate the results to determine the next phase.

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