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  | The Dinagat Island project provides MBMI Resources with an opportunity to assume an alternate role in the production process. The Company has entered into a long-term Purchase Agreement for mineral materials produced from the property, and in return will provide financial and technical services as well as marketing and transaction services with respect to the liquidation of the mineral products produced. In addition, MBMI will provide pre-export financing for the project which will be secured by the nickel product stockpiles from the property. The agreement term is for the life of the exploration, development, and utilization of the property. The counterparty to this agreement holds a Mineral Production Sharing Agreement (MPSA) located within the Philippine Government designated Surigao Mineral Reservation and is at an advanced stage in the approval process for all required permits to commence excavation. Photo Gallery
Maps
Drill Results coming soon... |
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