PMEA Blog

From:marketwire.com

CALGARY, ALBERTA–(Marketwire - April 1, 2008) - TVI Pacific Inc. (TSX:TVI) (”TVI” or the “Company”) today provided a 2007 operations review for the Canatuan Mine, located in the Southern Philippines, and operated by its affiliate, TVI Resource Development (Phils) Inc. (”TVIRD”). This news release should be read in conjunction with the Company’s audited consolidated Financial Statements and Management’s Discussion and Analysis for the year ended December 31, 2007, which have been filed with certain securities regulatory authorities in Canada and are available on SEDAR (www.sedar.com) and on the Company’s website (www.tvipacific.com).

The Canatuan Mine processed a record 740,099 dry metric tonnes (”dmt”) in 2007, a 25% increase from the 591,180 dmt processed in 2006. However, due to expected lower metal grades and recoveries, the project produced 45,905 gold equivalent ounces (”AuEqOz”) in 2007, down 19% from the 56,880 AuEqOzs produced in 2006. Production during 2007 consisted of 33,078 ounces of gold (”Au”) and 653,278 ounces of silver (”Ag”), compared with the 45,210 ounces of gold and 608,507 ounces of silver produced in 2006.

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