Metals Exploration’s Runruno gold-molybdenum project endorsed by Philippines President Arroyo; shares soar

Metals Exploration PLC (AIM: MTL) said the Financial and Technical Assistance Agreement (FTAA) for the Runruno gold-molybdenum project on the island of Luzon in the northern Philippines has been signed by order of President Macapagal-Arroyo, thus upgrading the project from its previous exploration permit status.
Shares rose 8.3 percent in early London trade on the news, […]

Runruno gold/moly project has Candy boost towards full feasibility

Lawrence Williams
Metals Exploration’s Runruno project in the Philippines is unusual in that it is a gold project with byproduct molybdenum - a relatively uncommon combination, at least with payable grades. But, says Metals Ex’s managing director, Jonathan Beardsworth, it is one which excites his geologists who feel that the deposit is likely to lie […]

DJ Metals Exploration: Stage 1 Shows Runruno “Robust”

LONDON, Apr 15, 2008 (Dow Jones Commodities News via Comtex) — – Edited Press Release
Metals Exploration, a natural resources exploration and development company with assets in the Pacific Rim region, said Tuesday results from a Concept Study into the economic viability of its Runruno gold-molybdenum (Au-Mo) project in the Philippines indicated the project appears robust […]