The Masbate Gold Project (“MGP”) is loed in Masbate Island in the Republic of the Philippines. The mine is situated about 360 kilometres (“km”) southeast of Manila, the capital of the Philippines, within the municipality of Aroroy, Masbate Province, Region V. The mine site can be accessed by a commercial airline service,
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Get PriceBy: Esmarie Swanepoel 31st July 2017 Junior gold miner Medusa has reported a 30% quarter-on-quarter increase in production during the June quarter, as grades increased at the Co-O mine, in the Philippines. Gold production increased to 23 846 oz, compared with 18 390 oz in the previous quarter, while gold sales
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Get Price"The project is on the island of Masbate, about 350km south of the Philippines capital, Manila." CGA acquired the mine in March 2007 and became the owner and operator of the mine. Philippine Gold Processing Refining Corp (PGPRC) was the developer and owner the processing plant. It was responsible for the sale of
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Get PriceThe Philippines has been ranked as the fifth most mineralised country in the world, with an estimated US$1 trillion in untapped reserves of copper, gold, nickel, zinc . The contract to operate the mine shall be awarded to the highest bidder in a public bidding, with the contractor having the right to match the highest bid upon
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