Projects
Masbate Gold Project
CGA acquired interest in the Masbate Gold Project in the Philippines on 19 March 2007 and has since fully developed the 200,000+ ounce producing mine. The project has considerable scale with indicated resources of 4.55 million ounces plus inferred resources of 3.22 million ounces. Probable Reserve are 3.03 million ounces, which included within the aforementioned resources.
The exploration potential of the project is considered significant and The Company is undertaking an aggressive exploration program, with a budget of US$10m for the 2011 financial year.
© 2012 CGA Mining Limited
