FURTHER HIGH-GRADE INTERCEPTS DETERMINED
Celsius Resources Limited (“Celsius” or the “Company”) (ASX, AIM: CLA) and its Philippines affiliate company Makilala Mining Company, Inc. (“MMCI”) is pleased to announce results from the drilling program which commenced in June this year. The drilling program is focused on geo-technical and hydro-geological drilling and additional metallurgical test work. Results from the metallurgical testwork drilling has intercepted further high-grade mineralisation where predicted, including some further extensions to the previously interpreted high grade mineralisation.
MCB COPPER-GOLD PROJECT ACTIVITIES AND FUNDING UPDATE
Celsius Resources Limited (“Celsius” or the “Company”) and its Philippines affiliate project company Makilala Mining Company Inc. (“MMCI”) is pleased to announce that progress towards the updated Feasibility Study and Front-End Engineering & Design (“FEED”) continues on schedule. Supported by continued funding from Maharlika Investment Corporation (“MIC”), The Philippines Sovereign Wealth Fund, MMCI andthe Feasibility Study managers Ausenco of Brisbane, Australia, are on track to reach the engineering half-way point and submit an interim study report to MIC by the end of August 2025.
FEED AND FEASIBILITY UPDATE COMMENCE AT MCB PROJECT SITE
Celsius Resources Limited (“Celsius” or “CLA”) (ASX, AIM: CLA) is pleased to announce that its Philippine affiliate, Makilala Mining Company, Inc. (“MMCI” or the “Company”), has commenced on-site engineering activities this week for the Company’s flagship Maalinao-Caigutan-Biyog Copper-Gold Project (“MCB” or the “Project”).
MCB PROJECT ENGAGES TECHNICAL CONSULTANTS
Celsius Resources Limited (“Celsius” or “CLA”) (ASX, AIM: CLA) is pleased to announce that its Philippine affiliate, Makilala Mining Company, Inc. (“MMCI” or the “Company”), has engaged DMT Consulting Limited (“DMT”) under a contract valued at USD575,000 and Resource Development Consultants Ltd (“RDCL”) under a contract valued at USD65,000. The respective firms will provide mining and geotechnical consulting services to support the planned development and mining operations of the Company’s flagship Maalinao-Caigutan-Biyog Copper-Gold Project (“MCB” or the “Project”).
MCB COMMENCES DRILLING PROGRAM
Celsius Resources Limited (“Celsius” or “CLA”) (ASX, AIM: CLA) is pleased to announce that its Philippine subsidiary, Makilala Mining Company, Inc. (“MMCI” or the “Company”), following a competitive bidding process, has engaged DrillCorp Mining Resources and Construction Corp. (“DrillCorp”) to undertake Geotechnical and Hydrogeological Drilling for the company’s flagship Maalinao-Caigutan-Biyog Copper-Gold Project (“MCB” or the “Project”).
MCB PROJECT ADVANCES TOWARDS CONSTRUCTION
Celsius Resources Limited (“Celsius” or “CLA”) (ASX, AIM: CLA) is pleased to announce that its Philippine affiliate, Makilala Mining Company, Inc (“MMCI” or the “Company”), has signed a Contract of Services with Ausenco1 (“Ausenco”) amounting to USD 1.9 million. The contract aims to update the Feasibility Study and conduct the Front-End Engineering Design (FEED), including tendering of work packages and long-lead equipment procurement for the Company’s flagship Maalinao-Caigutan-Biyog Copper-Gold Project (“MCB” or the “Project”)…