TVI Pacific Inc TSX:TVI announced results from its Balabag Gold Project in the Philippines. Assays include 2.8 g/t gold and 227.97 g/t silver over 4.5 metres, 2.39 g/t gold and 120.23 g/t silver over 5.6 metres, 2.07 g/t gold and 51.52 g/t silver over 17.1 metres, 5.21 g/t gold and 64.98 g/t silver over 3.6 metres, 9.84 g/t gold and 70.62 g/t silver over 4.2 metres (including 19.66 g/t gold and 149.37 g/t silver over 1.9 metres), 16.92 g/t gold and 1,046.66 g/t silver over 3 metres, 7.37 g/t gold and 391.31 g/t silver over 5.4 metres, and 3.85 g/t gold and 136.65 g/t silver over 3 metres.
President/CEO Cliff James said, “The results of the additional drilling, and the progress we have made on the internal feasibility study, continue to support our belief that a progressive ‘bootstrap’ mine development will be robustly economic on a stand-alone basis. The exploration results demonstrate a clear pattern of gold distribution across the property. Drilling will continue as development proceeds.”
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Executive Director Investor Communications
by Ted Niles