Celsius Resources executive director Peter Hume tells Proactive its wholly-owned subsidiary Makilala Holding Ltd (MMCI), has inked a deal with Sodor Inc for the latter to acquire 60% of MMCI.

Binding deed entered into with Sodor, Inc. to attain the required 60% Filipino legal ownership in Celsius’ wholly-owned subsidiary, MMCI.

CLA Executive Director Peter Hume discusses more shallow, high-grade gold and copper at MCB.

Assay results from three additional drill holes have all confirmed further extensions to the shallow, high-grade copper mineralisation at MCB.

HIGHLIGHTS We are pleased to announce that our Philippine subsidiary, Makilala Mining Company, Inc. (“MMCI”) has received interim Certificates of Approval from the Regional Mines and Geosciences Bureau (MGB) for our Five-Year Social Development and Management Program as well as our Care and Maintenance Program of the Maalinao-Caigutan-Biyog Copper-Gold Project (“MCB” or “the Project”). Both…

We are pleased to announce that our wholly owned Philippine subsidiaries, Makilala Mining Company, Inc. (“MMCI”) and PDEP, Inc. (“PDEP”), have signed a Non-Binding Term Sheet with Sodor Inc. and PMR Holding Corp. to be the local partners for the development of the Company’s MCB Project.

We are pleased to announce an updated JORC compliant Mineral Resource Estimate for our MCB Copper-Gold Project, held under our Philippine Subsidiary Company, Makilala Mining Co., Inc (MMCI) and located at the Island of Luzon in the Philippines.