Welcome To Metals Exploration
Metals Exploration's primary objective is to increase shareholder value through the discovery and development of high value mineral resources within Southeast Asia, with particular emphasis on the Philippines.
Since acquiring our flagship Runruno project in 2005 a JORC compliant resource of 2.1 million ounces (Moz) of gold, and 36.6 million pounds (Mlb) of molybdenum has been defined, with 775,000 oz of gold and 18 Mlb of molybdenum within the Indicated category.
Having completed a Concept Study in April this year, the Company is now focusing on a Scoping Study to advance Runruno towards the Full Feasibility stage, targeting production of between 190,000 – 210,00oz per year.
An ongoing strategy of reviewing opportunities as they arise will allow Metals Exploration to add to it’s existing projects and resource base where appropriate.