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Location: 29 km S from San Francisco, Philippines
Bayugan 3RosarioPhilippines8504
Stay on top of the latest gold discoveries. Examine the latest updates on drilling outcomes spanning various commodities.
Mining scale, mining and mill throughput capaciites.Full profiles of select mines and projects.
Shaft depth, mining scale, backfill type and mill throughput data.Full profiles of select mines and projects.
Equipment type, model, size and quantity.Full profiles of select mines and projects.
Camp size, mine location and contacts.Full profiles of select mines and projects.
The PMHI Group includes Philsaga Mining Corporation (PMC) which operates the Co-O Mine under a Mineral Production and Sharing Agreement with the Republic of the Philippines.
Ten Sixty Four holds an 80% controlling interest in the Co-O Mill through a subsidiary of the Company, Mindanao Mineral Processing and Refining Corporation ("MMPRC").
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The Co-O deposit is an intermediate sulphidation, epithermal gold (+Ag ±Cu±Pb±Zn) vein system. The deposit is located in the Eastern Mindanao volcanoplutonic belt of the Philippines.The overall Co-O project area comprises numerous anastomosing veins generally orientated East-West with steep and flat dipping inter-connected veins within a 0.5km x 2.0km area. Mineralisation extends from surface to approximately 850m below surface. The depth limit to mineralisation is not yet defined, with limits being a function of geological plunge and lack of drilling. Mineralisation is hosted within narrow, typically <2m wide quartz veins. Orientations of the veins are typically E-W, with variations from NE-SW to NW-SE, with dips varying from flat-lying to steep dipping to the North. Surface drillholes were generally drilled towards the South and vary in dip (-45° to -60°). Underground drillholes are orientated in various directions and dips, depending on rig access to intersect the various mineralised veins at different locations within the mining area. Due to the nature of this style of mineralisation and the limited underground access for drilling, drilling may not always intersect the mineralisation or structures at an optimum angle, however this is not considered to be material. A good understanding of the deposit geometry has been developed through mining such that it is considered that any sampling bias is recognised and accounted for in the interpretation.
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