| PROJECT NAME | PROJECT PHOENIX |
| PROJECT LOCATION | BRGY. TAGMAMARKAY, TUBAY, AGUSAN DEL NORTE, CARAGA REGION, PHILIPPINES |
| NATURE OF PROJECT | MINING AND MINERAL PROCESSING |
| MINING PERMIT | MPSA NO. 311-2010-XII, ISSUED ON 8 JANUARY 2010 |
| MINERAL RESOURCE | 21,762,255 MT (COPPER AND GOLD) |
PAMC has been financed by shareholder funds. The capital and day to day expenditure has been from shareholder injections for the past 8 years. PAMC has in stores approximately 10,000 dry metric tons of ore in stockpile, ready to be processed once the processing facility has been constructed. A total of 25 hectares of the total 304.96 hectares of PAMC which has been valued on a measured basis has a reserve resource value of approximately USD 3 billion as at January 2022.
