Drilling begins at Opuwo Cobalt Project
Celsius Resources is pleased to announce that its Namibian subsidiary, Opuwo Cobalt Mining Pty Ltd has commenced drilling at the Opuwo Cobalt Project in Namibia. The first of eight PQ diamond drill holes has been completed. The ore was intercepted at the exact location modelled reinforcing the consistent nature of the Dolomite Ore Formation (“DOF”).
MCB Project granted priority status
Celsius Resources is pleased to announce that its Philippine subsidiary, Makilala Mining Company, Inc. (“MMCI”) has received priority project status for the Maalinao-Caigutan-Biyog (MCB) Copper-Gold Project from the Mines and Geosciences Bureau (MGB) Director Atty. Wilfredo G. Moncano in a meeting on 18 February 2022.
Large-scale copper-gold confirmed at Sagay
Celsius Resources is pleased to announce its Philippine subsidiary Tambuli Mining Company has received large-scale copper-gold assay results from its first drill hole at the Nabiga-a Hill Copper-Gold Project.
Drilling contractor appointed at Opuwo
Celsius Resources is pleased to announce its Namibian subsidiary Opuwo Cobalt Mining Pty Ltd, has engaged Stewardship Drilling Pty Ltd to drill eight (8) PQ diamond drill holes to obtain fresh representative core for a new metallurgical test work program.
Royalty agreement secured at Sagay project
Celsius Resources is pleased to announce its Philippine subsidiary Tambuli Mining Company, Inc., has entered into a royalty agreement with Western Mining Ventures and JL Capinpin Aggregates.
Quarterly Activities Report released
Drilling of MCB Project’s third hole (MCB-036) completed with a final drilling depth of 860.20m and average core recovery at 97%. MCB-036 total intersection of 671m @ 0.43% copper and 0.12g/t gold, from 19m downhole, including internal shallow higher-grade intervals of 122m @ 0.92% copper and 0.24 g/t gold from 27 and 13m @ 3.69%…
New drilling contractor engaged for MCB project
Celsius Resources is pleased to announce its Philippine subsidiary, Makilala Mining Company, Inc. has engaged a new drilling contractor, DrillCorp Mining Resources and Construction Corporation, for the continuation of the drilling operations at the Maalinao-Caigutan-Biyog (MCB) Copper-Gold Project located in the Cordillera Administrative Region, Philippines.