Benguet, Hunter Search Philippines for Copper and Gold

23 December 2009 (Last Updated December 23rd, 2009 18:30)

Benguet Corporation and Canada's Hunter Dickinson entered into a partnership agreement for a copper and gold mining venture in Luzon, Philippines. Under the agreement, Benguet will explore and develop the 492ha Batong Buhay mine in Kalinga province. Benguet said the mine conta

Benguet Corporation and Canada's Hunter Dickinson entered into a partnership agreement for a copper and gold mining venture in Luzon, Philippines.

Under the agreement, Benguet will explore and develop the 492ha Batong Buhay mine in Kalinga province.

Benguet said the mine contains gold-rich porphyry copper deposits.

Benguet has also entered into an agreement with Balatok Sub-Tribe of Kalinga, validated by the National Commission on Indigenous People, which will be represented by the Balatok-Kalinga Tribe and its mining arm the Balatoc Tribe Exploration & Mining.

Hunter Dickinson supervises publicly traded companies around the globe that specialise in mineral exploration and development.