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TVI Pacific's 30.66% owned TVIRD Balabag Gold and Silver Project Completes Second Doré Shipment
TVI Pacific's 30.66% owned TVIRD Balabag Gold and Silver Project Completes Second Dor...
About this update from Tvi Pacific Inc.
[{"type":"text","content":"\n \n \n \n TVI Pacific's 30.66% owned TVIRD Balabag Gold and Silver Project Completes Second Doré Shipment\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n CALGARY, AB\n \n ,\n \n Oct. 18, 2021\n \n /CNW/ - TVI Pacific Inc. (TSX-V: TVI) (OTC: TVIPF) (\"\n \n TVI\n \n \" or the \"\n \n Company\n \n \") is pleased to announce completion of a second shipment of gold doré from the Balabag gold and silver project (\"\n \n Balabag\n \n \").  Balabag is owned 100% by TVI Resource Development Phils., Inc. (\"\n \n TVIRD\n \n \"), a\n \n Philippines\n \n corporation in which TVI holds a 30.66% interest, and is located in Zamboanga del Sur, Philippines.\n \n \n \n Highlights:\n \n \n \n \n Balabag has completed its second shipment of gold doré in the amount of 894 kilograms (\"\n \n kg\n \n \") containing 641 ounces of gold (\"\n \n Au\n \n \") and 27,552 ounces of silver (\"\n \n Ag\n \n \") for 992 gold equivalent ounces.\n \n \n \n \n The Balabag second shipment of gold doré has generated gross proceeds of US\n \n $1.8 million\n \n .\n \n \n \n \n Balabag mill plant availability month-to-date has been 85% and it is currently processing at a month-to-date average rate of 1,064 dry metric tonnes per day (\"\n \n tpd\n \n \") with a continued focus to optimize the operation and to ramp-up throughput to 2,000 tpd.\n \n \n \n \n The average recoveries month-to-date have been 93% for Au and 86% for Ag.\n \n \n \n \n The average head grade month-to-date has been 1.8 g/t Au and 95.1 g/t Ag.\n \n \n \n \n \n Continuing Gold Production at Balabag Gold-Silver Project\n \n \n \n :\n \n \n \n Further to the announcement of\n \n September 30\n \n \n th\n \n , 2021, in which the Company announced the first shipment of gold doré from Balabag and reported various operating statistics, TVIRD has further confirmed that Balabag mill plant availability month-to-date has been 85% and that it is currently processing at a month-to-date average rate of 1,064 tpd.  The second shipment in the amount of 894 kg of gold dor...