Celsius Resources Ltd - Perth, Australia-based explorer focused on its portfolio of copper-gold resources in the Philippines - Says subsidiary Makilala Mining Co Inc and the Kalinga provincial government have signed a memorandum of understanding for the development of the access road for its flagship Maalinao-Caigutan-Biyog copper-gold project. Celsius Executive Chair Atty Sarmiento says: ‘In the development of the MCB project, we have always consulted and partnered with the local government to align our plans and programs for the efficient use of resources to achieve a common goal. We are grateful that the provincial government, through the leadership of Governor James Edduba, is receptive in collaborating with us to pave the way for the MCB project’s infrastructure needs, as well as those of the local communities.’
Current stock price: 0.63 pence, trading flat
12-month change: down 30%
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