Masbate Gold Mine is on the island of Masbate, about 350km south of the Philippines capital, Manila. It is the country’s largest gold mining project, producing one-sxth of the country’s gold
Masbate is a brownfield site with established infrastructure including an airstrip, dedicated jetty, roads, accommodation, offices, clubhouse, workshops, assay laboratory and bunker fuel tanks, all of which require various degrees of rehabilitation.
The project operated under an Alliance Agreement designed for unlimited flexibility, cost and mining transparency. The core mining operations includes: drilling and blasting, loading and hauling; and feeding ore to the crusher as part of processing.