Philippine Mines and Geosciences Bureau has issued the approval of the Declaration of Mining Project Feasibility as the last step in the permitting process towards the achievement of the MCB Project’s mining permit.

Celsius Resources speaks to Proactive about the issuance of an exploration permit for the Botilao Porphyry Copper-Gold Prospect under its Philippine subsidiary, Makilala Mining Company.

The approval of the EPEP-FMRDP is another step closer in the mine permitting process of obtaining a Mineral Production Sharing Agreement (MPSA) with the Philippine Government which the Company envisages receiving by the end of August 2023.

Celsius Resources is pleased to announce that a secondary tenement, the Botilao Porphyry Copper-Gold Prospect under its Philippine subsidiary, Makilala Mining Company, will be explored to complement the development of the area with a potential to extend the operational mine life.

The issuance of the ECC enables the Company to move forward with obtaining a Mineral Production Sharing Agreement with the Philippine Government which would allow the Company to develop and operate the MCB Project.

Celsius Resources Managing Director Peter Hume discusses with Rob Tyson, our MCB operations, mining in the Philippines and working with indigenous communities.