The Abra project area covers 16,200 hectares on the island of Luzon, c. 200km north of Runruno, in the Cordillera region, a prolific gold belt in the Philippines, with proven mineral endowment in the area, having produced 40 Moz of gold historically.
In Q4 2024, the Company received final approval from the Philippine authorities for the commencement of exploration drilling activities. Drill-ready targets, the Manikbel and Domenglay prospects, have been defined. The initial drill programme is expected to commence during Q1 2025 with the objective to compile an initial resource estimate by Q4 2025.
