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New drilling contractor engaged for MCB project

New drilling contractor engaged for MCB project

31 January 2022 Announcement

● Celsius Resources’ subsidiary Makilala Mining has engaged a new drilling contractor for its MCB Copper-Gold Project in the Province of Kalinga in the Philippines.

● Drilling contractor has been appointed for five diamond drill holes and eight geotechnical drill holes including hydrogeological test work.

● Exciting follow up of new shallow flat lying high grade mineralized zone to commence.

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.

The selection and engagement of DrillCorp followed a formal bidding process.

With more than 20 years of experience, DrillCorp’s Asia Group of Companies has provided professional drilling services in 15 countries in Asia since 1993. DrillCorp utilises multipurpose rigs that have been modified to suit the environment and terrain which firmed up their expertise in diamond drilling.

DrillCorp has previously drilled at MCB from 2006-2013. The re-engagement became possible due to the availability of appropriate equipment for MCB’s updated drilling program. The company is also known to adhere to the highest standards of Safety, Health, and Environment in all its operations.

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