Metals Exploration Plc (MTL) Ord GBP0.01
Metals Exploration plc is a United Kingdom-based holding company. The Company's principal activity is to identify, acquire and develop mining and processing projects, mining companies, businesses or opportunities with particular emphasis on precious and base metals mining opportunities in the Western Pacific Rim region. The Company's segments include UK, Philippines, Indonesia and Singapore. The Company has a gold mining asset in the Philippines. The Company's gold mining activities are carried out in the Philippines at its mine-site at Runruno in the province of Nueva Vizcaya, Northern Luzon. The Process Plant facility at the Runruno mine consists of a conventional crushing circuit, grinding and flotation circuits, a gravity recovery circuit, a BIOX sulfide oxidization circuit with waste effluent neutralization, conventional Cyanide in Leach gold recovery circuit and ZADRA elution, and over two cyanide destruction circuits. The Company has not generated any revenues.
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