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”)…
News Categories: 2025
Feb
24
MCB PROJECT SECURES FUNDING TO JUMPSTART DEVELOPMENT

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 binding term sheet with Maharlika Investment Corporation (“MIC”) which outlines the key terms of a bridge loan facility of up to USD 76.4 million (“Facility”), to fund the Company’s flagship Maalinao-Caigutan-Biyog Copper-Gold Project (“MCB” or the “Project”)…