TVI Pacific Releases Investment Update

TVI Pacific (TSXV:TVI) has released an update on the status of projects at TVI Resource Development Phils, the Philippine affiliate of TVI, in which TVI holds a 30.66 percent interest.

According to the company it is also monitoring the climate in the Philippines with regards to mining in considering whether to list in the Philippines Stock Exchange. It said that while activities are on hold in pursuing that possibility, it could resume when the governments position on mining is clarified.

As highlighted in the press release:

• 9.4 million wet metric tonnes of nickel laterite DSO shipped through 173 shipments since commencement of nickel laterite DSO operations by Agata Mining Ventures in October 2014, including: 1.1 million wet metric tonnes of nickel laterite DSO shipped in 20 shipments during the first five months of 2018.
• Receipt in May 2018 of the Special Tree- Cutting and Earth Balling Permit for the Balabag project.
• 7 holes (approximately 675 meters) of a 11-hole (approximately 11,000 meters) drilling program have been completed in San Vicente, one of four potential limestone project sites within the Agata tenement.
• Aggregate deposit that will meet the requirements of the construction industry confirmed at Agata through a 6-hole drilling program in December 2017.

Click here to view the full TVI Pacific (TSXV:TVI) press release.