| TAMPAKAN Project |
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TAMPAKAN |
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Country |
Philippines
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Province |
Mindanao |
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Close to |
General santos city |
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Status |
FEASIBILITY
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Latitude / Longitude |
6 N 28 / 125 E 01 |
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Legends
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| Risk and valuation analysis of the TAMPAKAN Project |
| Status Risk : Feasibility |
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| Title(s) of the TAMPAKAN Project |
 | Xstrata plc
Option: 62.5% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Xstrata gave notice of intent to exercise its
option to acquire 62.5% of the Tampakan
copper-gold deposit in the Philippines on
21 December 2006. Completion of the
option exercise and the corresponding
transfer of management control to Xstrata
more... |
 | Indophil Resources NL
Joint venture: 32.5% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Title to the Tampakan Project is held by Sagittarius Mines under an FTAA with the Government of the Republic of the Philippines . This is a partnership which allows the Government to take a pre-determined share of project cash flow once development capital is paid back. |
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| Location of the TAMPAKAN Project |
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The Tampakan Copper-Gold Project is located approximately 50km NNW of General Santos City, a major growth centre on the southern Philippines island of Mindanao. It is considered as Southeast Asia's largest undeveloped copper-gold prospect
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| History of the TAMPAKAN Project |
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Prior to WMC Philippines (WMCP) discovery of the Tampakan copper-gold deposit in December 1992, no systematic exploration had been undertaken in the Tampakan district, although minor gold prospecting and panning had taken place since the 1960s with a more...
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| Geology of the TAMPAKAN Project |
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Located on the island of Mindanao in the Southern Philippines, the Tampakan copper-gold deposit represents a major high-sulfidation epithermal deposit superimposed on an underlying porphyry copper system. The deposit is hosted by a sequence of subaerial andesitic flows
(Tampakan Andesite Sequence) related to a highly eroded andesitic stratavolcanic complex of Pliocene age.
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| Production Objectives |
| Metal | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
| COPPER (lbs) | 750,000,000 | 750,000,000 | 750,000,000 | 750,000,000 | 750,000,000 | 750,000,000 | 750,000,000 | 750,000,000 | 750,000,000 | 750,000,000 |
| GOLD (oz) | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 |
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| Discoveries and Drilling Results | |
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Data last updated on : 9/30/2009
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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