Botolan Mining Claim is registered under the name of Mina Tierra Gracia, Inc. (MTGI). The Botolan Mining Claim covers approximately 5,081 hectares located in the town of Botolan, Zambales. On February 20, 2010, MTGI's application for Mineral Production Sharing Agreement (MPSA) with Mines and Geosciences Bureau (MGB) on the Botolan Mining Claim was approved. With the MPSA, MTGI projects that it will produce and ship up to 450,000 dry metric tons (DMT) of nickel ore at a grade of 1.6% nickel grade.
In 2011, MTGI focused on the implementation of Community Relations Program (CRP). This CRP intends to establish a symbiotic relationship between MTGI and the community. Establishing this foundation allowed the community to be informed of the plans and programs of the Company thereby enabling the Company to implement its exploration and mining activities in coordination with the corresponding stakeholders. Management started the operation in June 2011.
The Group plans to sell ore mined from Botolan on the spot market to establish the branding for Zambales ore and is currently in contact with a range of interested buyers.
MTGI's subsidiaries, namely, Companhia Nube Minerale, Inc. (CNMI), Companhia Minera Tierra, Inc. (CMTI) and Minedomain, Inc. (MDI( are engaged in small-scale mining activities in Botolan, Zambales. Each subsidiary operates a 5-hectare small-scale mining activities in Botolan, Zambales. Each subsidiary operates a 5-hectare small-scale mining claim. The Botolan Small-Scale Mining Claims of CNMI and CMTI partially cover areas within the Botolan Mining Claim. The small-scale mining claims of CNMI and CMTI are covered by Small-Scale Mining Permits (SSMPs) issued by the Governor of Zambales. CMTI and CNMI's approved SSMP expired last June 3, 2010. CMTI and CNMI have decided not to renew its permit and instead, seek other opportunities for small scale mining operations in other minerals related to nickel asuch as chromite. Both are in discussion with several groups with regards to securing operating licenses for the mining of higher grade nickel and chromite. - https://www.affordablecebu.com/
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"Botolan Mining Claim | Mina Tierra Gracia, Inc. (MTGI)" was written by Mary under the Business category. It has been read 2694 times and generated 0 comments. The article was created on 13 March 2012 and updated on 13 March 2012.
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