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OceanaGold to spend $5M for PH exploration
The Philippine Star
|June 16, 2025
Australian-Canadian miner OceanaGold Philippines Inc. (OGPI) said it plans to spend $5 million (about P280 million) for exploration activities this year within its permit area of approximately 7,000 hectares.
OGPI said around 8,000 meters of drilling is planned from surface across its financial or technical assistance agreement (FTAA) area at True Blue, which it considers as a potential off-set extension to the Didipio Mine, Napartan and D'Fox sites.
The underground exploration drilling is expected to continue in the fourth quarter, according to the mining firm.
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