Friday 20 July
Powered by Ajaxy
Oct 4, 2017 @ 22:00

Lepanto starts copper-gold production


Lepanto Consolidated Mining has started commercial operations of gold-copper project at its mine in Mankayan, Benguet.

In a stock exchange filing, Lepanto said it sold 1,048 dry metric tons of copper gold concentrate

Since October 2015, Lepanto’s exploration team completed 47,275 meters of underground drilling to evaluate the copper gold project resources at the former energite mining area.

This program has successfully discovered combined indicated and inferred resources of 7.746 metric tons at 0.896 Cu and 1.974 g/t Au.

Ongoing drillings have outlined an additional geologic resource of 7.29 MT at 1.69 percent Cu and 2.02 g/t Au and an increased drilling program will bring these areas into inferred and indicated categories.

Previously unrecognized gold-bearing vein systems comprised of quartz, pyrite and gold (QPG) overprint.

Tags: , , , ,

Related Stories
Felipe Yap-controlled Lepanto Consolidated Mining Co. will resume copper operations in the fourth quarter after
Lepanto Consolidated Mining Company will start production from its Benguet copper-gold project in the third
Smart Communications Inc. said it remains committed to deploy fast and reliable internet connectivity in
AboitizPower Corp. continues to ramp up its portfolio of generation facilities across the Philippines amid


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.