I was born and raised in the Philippines. When I was young, I heard about gold exploration in various parts of the Philippines. It looks like gold exploration is fairly popular within the Philippines. They're almost everywhere. There's also a Vancouver based mineral exploration company that is focused entirely on developing the Taysan Copper-Gold Porphyry Project in Batangas, Philippines. The Taysan Project is surely an state-of-the-art copper-gold porphyry deposit. I heard this project consists of 11,254 hectares with two well-known deposits: a large copper-gold porphyry deposit , or also known as the "Taysan Deposit" which is just like other copper-gold porphyry deposits formerly found within the Philippines, and also the Antipolo Epithermal Gold Mine.
As the world slowly and gradually reduces its major established gold mines, discovery of brand new mines will become more and more important to meet global demand from customers of this precious metal. Gold exploration companies are people that have been looking for gold but won't still produce ore or generate income.
The Taysan Project has a 25-year mine life with outstanding exploration potential as well as a 3-year payback. Years 1-7 have really low production costs as well as a really low strip ratio, .56/1, compared to an industry average of 2.5/1. The project comes with high quality copper concentrate with gold, silver, magnetite along with by-products.
Labels: Blogging, Investment, Money