John B. Arnaldo, Sagittarius Mines Inc. (SMI) corporate communications manager, has assured critics that environmental protection is a key area that the company is giving vital focus.
“We will operate based on acceptable standards not just observed in the country but internationally,” he.
The Tampakan project is touted as the largest known undeveloped copper-gold deposit in Southeast Asia.
Based on the latest company study, the total estimated mineral resources for the Tampakan deposit rose to 2.94 billion tons at 0.51 percent copper at a 0.2 percent copper cut-off grade, from 2.49 billion tons at 0.6 percent copper at a 0.3 copper cut-off grade.
On the basis of the new information, the estimated contained copper at Tampakan in total resources has risen from 13.9 MT to 15 MT while estimated contained gold has risen from 16.2 million ounces to 17.9 million oz.
observed in the country but internationally,” he.
