10.03.2009 – FTAA endorsed by DENR
10 March 2009
Endorsement of FTAA by DENR to Office of the President
Metals Exploration PLC (“Metals Ex” or “the Company”), the natural resources exploration and development company with assets in the Pacific Rim region, is pleased to announce that the Company’s FTAA (Financial and Technical Assistance Agreement) application in respect of its Runruno gold-molybdenum project in the Philippines has been endorsed by Secretary Lito Atienza of the Department of the Environment & Natural Resources (“DENR”).
On 6 March 2008 DENR Secretary Lito Atienza endorsed to President Gloria Macapagal Arroyo the application of FCF Minerals Corporation (“FCFMC”) to convert existing Exploration Permit (“EP”) number II-000013 into an FTAA.
To read the full announcement please see the Company News area.