Metals Exploration completes feasibility study for Runruno

Metals Exploration (AIM: MTL) has completed its feasibility study for the RunRuno gold-molybdenum project in the Philippines, confirming the project’s viability with average production of 96,700oz gold per annum for a ten-year mine life. Additionally, the company classified 780,000oz gold as Proven and Probable Mining Reserves.

“Completion of the feasibility study together with the declaration, for […]

Metals Exploration secures environmental compliance certificate for Runruno gold-molybdenum project

Metals Exploration (AIM: MTL) has been awarded he Environmental Compliance Certificate (ECC) for the Runruno gold-molybdenum project on the island of Luzon in the northern Philippines following a positive evaluation of the project’s environmental impact statement by the Environmental Management Bureau (EMB).
The ECC certified that the project has complied with all the requirements of the […]

Metals Exploration says latest figures back up Runruno viability

Metals Exploration, the Pacific Rim natural resources group, has updated its guidance on the economic parameters for its Runruno gold and molybdenum project on the island of Luzon in the northern Philippines.
The project was recently given a revised resource estimate of 1.5 million ounces of gold and 25.4 million pounds of molybdenum and is now […]

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, […]

Metals Exploration’s Runruno gold/moly project has Candy boost towards full feasibility

by Lawrence Williams, Mineweb.net
UK listed Metals Exploration’s (AIM: MTL) 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 […]

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 […]

Metals Exploration - Independent technical review of Runruno project

Metals Exploration, the AIM quoted natural resources exploration and development company with assets in the Pacific Rim region,this morning announced the results of an independent technical review of the geology, exploration and current mineral resource estimates on its Runruno project in Nueva Viscaya Province in the Philippines. The review was carried out by Mining Associates […]

Metals Exploration resource drilling at Runruno in the Philippines ahead of schedule

Metals Exploration PLC (AIM: MTL) said resource drilling for the definitive feasibility study (DFS) for the Runruno gold-molybdenum project in the Philippines is ahead of target, with over 45,000 metres of the planned 65,000 metre programme for 2009 already complete.
The comment came with the group’s announcement it has received an independent technical review for the […]

Metals Exploration - location, location, location.

by Wendy Durham
That’s what they say about property development. Certainly, location has been a major driver of the Mayfair-centred, luxury property developments master-minded by Christian and Nick Candy. Addresses such as One Hyde Park have a certain cachet.
Following various bank meltdowns and the collapse of the housing market, Christian Candy has taken the bold decision […]

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 […]