Risk and valuation analysis of the Balabag Project |
Status Risk : Advanced discovery |
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Title(s) of the Balabag Project |
| TVI Pacific Inc Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Balabag Project |
The Balabag property is an advanced-stage exploration project straddling the provinces of Zamboanga Del Sur and Zamboanga Sibugay on the island of Mindanao in the Philippines.
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History of the Balabag Project |
An initial mineral resource estimate based on the first 69 drill holes reported that the deposit contained indicated resources 1.37 million tonnes averaging 2.9 grams/tonne gold and 84.3 grams/tonne silver and inferred resources of 1.96 million tonnes averaging 2.6 grams/tonne gold and 55.2 grams/tonne silver.
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Geology of the Balabag Project |
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Balabag is an epithermal gold and silver deposit. The mineralization at Balabag is interpreted to remain open at depth and along strike with indications that exploration activities could result in the discovery of additional resources.
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