Celsius Resources

Celsius Resources Limited (ASX/AIM:CLA) is a multi-asset copper and gold resources company with a robust portfolio of geographically diverse projects in the Philippines.

Gain a direct line to Celsius Resources leadership

Be first to know our latest company updates

Watch exclusive videos accompanying major news

Contact

Updates

Sustainability

Right to Receive Documents

AIM Rule 26 Information

Share Price

Corporate Presentation

Annual Reports

Announcements

Why Celsius?

Investor Documents

Investors Menu Page

Our Assets: Namibia

Botilao Project

Sagay Copper Project

Our Assets: Philippines

Why Philippines?

Our Assets Menu Page

Corporate Governance

Directors and Management

About Celsius

About Celsius Menu Page

Home

Roboto

Celsius Resources Limited announces the commencement of the drilling program by its subsidiary in the Philippines, Makilala Mining Company, Inc. The program, conducted by DrillCorp Mining Resources, aims to update the Feasibility Study and Front-End Engineering and Design for the Maalinao-Caigutan-Biyog Copper-Gold Project. The drilling will cover approximately 2,300m and is set to begin in mid-June.

DrillCorp, a reputable drilling contractor in Asia, will execute various drilling services, including geotechnical and hydrogeological boreholes, historical borehole re-entry drilling, and installation of standpipe screens, among others. The data collected will inform the optimization of the underground mine plan and surface infrastructure design, enhancing operational efficiency and safety.

Celsius Resources Limited announces the commencement of the drilling program by its subsidiary in the Philippines, Makilala Mining Company, Inc. The program, conducted by DrillCorp Mining Resources, aims to update the Feasibility Study and Front-End Engineering and Design for the Maalinao-Caigutan-Biyog Copper-Gold Project. The drilling will cover approximately 2,300 meters at an estimated cost of PHP 33 million and is set to begin in mid-June.<br/><br/>DrillCorp, a reputable drilling contractor in Asia, will execute various drilling services, including geotechnical and hydrogeological boreholes, historical borehole re-entry drilling, and installation of standpipe screens, among others. The data collected will inform the optimization of the underground mine plan and surface infrastructure design, enhancing operational efficiency and safety.<br/><br/>The MCB Project in the Philippines, with a recently updated Mineral Resource Estimate and favorable economic indicators, shows promising potential for a long-term copper-gold operation. Celsius Resources remains committed to transparency and continuous communication with shareholders. Please feel free to reach out with any questions or inquiries regarding this update.

MCB Commences Drilling Program

Summary