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Celsius Resources License Delayed at Gold-Copper Project in Philippines

By Christian Moess Laursen


CeLsius Resources hasn’t yet received a mineral-production sharing agreement for its gold-copper project in the Philippines, which was expected Aug. 31, but the company expects its licence to be issued shortly.

The natural-resources exploration and development company said Monday that it remains in positive dialogue with the Philippines department of natural resources.

The license is related to the Maalinao-CaigutanBiyog copper-gold project located on the main island of the Philippines, 320 kilometers north of the capital Manila.

The revised timing of the agreement will be outlined when the company has further information, it said.


Write to Christian Moess Laursen at [email protected]


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