AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
No Result
View All Result
Home Business

Lepanto’s copper-gold venture opens with 1,048 DMT shipping

AngMinero News by AngMinero News
October 5, 2017
in Business
28 0
0
Lepanto’s copper-gold venture opens with 1,048 DMT shipping
84
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Publicly listed Lepanto Consolidated Mining Company (LC) has commenced its copper-gold project beginning with 1,048 dry metric tons (DMT) of copper-gold concentrate to be shipped this week.

This is the result of the company’s successful exploration and evaluation of over 7.764 metric tons (MT) of resources at its former enargite mine area in Benguet.

LC has finished in October 2015 47,275 meters of underground drilling and exploration of copper-gold resources at the mine site.

“This program has successfully discovered combined, indicated, and inferred resources of 7.746 MT at 0.896 percent copper and 1.974 grams per tonne (g/t) gold,” LC said in a statement told at the Philippine Stock Exchange Wednesday.

Meanwhile, LC has also outlined geologic resource of 7.29 MT at 1.69 percent copper and 2.02 g/t gold in its current drilling operations.

Further explorations at the site are expected to bring these areas into inferred and indicated categories.

LC noted that it will continue to produce gold ore from its Victoria Gold Project in Mankayan, Benguet.

Earlier, the miner’s exploration team discovered previously unrecognized gold-bearing veins of quartz-pyrite-gold (QPG) in nearby spots at the Victoria Gold Project, LC said in July.

Photo courtesy of GMA News

Related Posts

Metallic mineral production up 3.17% in three quarters of 2024
Business

Metallic mineral production up 3.17% in three quarters of 2024

January 8, 2025
Nickel Asia to divest stake in Coral Bay, to focus on upstream mining, RE
Business

Nickel Asia to divest stake in Coral Bay, to focus on upstream mining, RE

January 8, 2025
Benguet Corporation eyes new ventures after 30 years
Business

Benguet Corporation eyes new ventures after 30 years

December 27, 2024
B2Gold to expand PH operations with new exploration office in 2025
Business

B2Gold to expand PH operations with new exploration office in 2025

December 13, 2024
Philex 2021 core net income soars 118% to Php2.53B
Business

Philex Mining extends Padcal mine operations until 2028

December 9, 2024
Masbate gold project mark six-year safety record
Business

Masbate gold project mark six-year safety record

December 4, 2024

FEATURED POST

Mining Body Refutes Claims of Sierra Madre Destruction in Dinapigue

Mining Body Refutes Claims of Sierra Madre Destruction in Dinapigue

May 30, 2025
OGPI Strengthens Local Ties with PHP48.5M Remittance to Nueva Vizcaya

OGPI Strengthens Local Ties with PHP48.5M Remittance to Nueva Vizcaya

May 29, 2025

Benguet Corporation Posts Fivefold Profit Growth in First Quarter of 2025

May 22, 2025
Chamber of Mines Welcomes SC Ruling on Occidental Mindoro Ban, Urges LGU Alignment with National Mining Laws

Chamber of Mines Welcomes SC Ruling on Occidental Mindoro Ban, Urges LGU Alignment with National Mining Laws

May 22, 2025

EDITOR PICK'S

Mining Body Refutes Claims of Sierra Madre Destruction in Dinapigue

May 30, 2025

OGPI Strengthens Local Ties with PHP48.5M Remittance to Nueva Vizcaya

May 29, 2025

Benguet Corporation Posts Fivefold Profit Growth in First Quarter of 2025

May 22, 2025

Chamber of Mines Welcomes SC Ruling on Occidental Mindoro Ban, Urges LGU Alignment with National Mining Laws

May 22, 2025

Nickel Asia Corp Trains Employees as Workplace Mental Health Responders

May 22, 2025

Global Ferronickel Posts Over 2,000% Jump in Q1 Profit on Strong Nickel Market

May 16, 2025

Oriental Petroleum Posts Higher Q1 Profit Despite Lower Crude Sales

May 16, 2025

Recent News

Mining Body Refutes Claims of Sierra Madre Destruction in Dinapigue

Mining Body Refutes Claims of Sierra Madre Destruction in Dinapigue

May 30, 2025
OGPI Strengthens Local Ties with PHP48.5M Remittance to Nueva Vizcaya

OGPI Strengthens Local Ties with PHP48.5M Remittance to Nueva Vizcaya

May 29, 2025

Category

  • Business
  • Features
  • News
  • Uncategorized

Follow us

  • Setup menu at Appearance » Menus and assign menu to Footer Navigation

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In