Celsius Resources Ltd has made significant progress with its Sagay Copper Project in Negros, Philippines, as it recently received an extension for its exploration permit. This achievement marks a crucial milestone for the company, paving the way for potential approval of the Declaration of Mining Project Feasibility (DMPF).
CEO Peter Hume, in a recent interview, shed light on the current status of the DMPF, which is under review by the Philippine Mines and Geosciences Bureau. He emphasized the impact of this approval on the company’s operations and future mineral agreements with the Philippine Government.
In addition to the DMPF, Hume discussed the comprehensive Environmental Impact Assessment underway for the Sagay Project. This assessment is a key step in obtaining the Environmental Compliance Certificate, further highlighting Celsius Resources’ commitment to environmental stewardship. Hume also emphasized the company’s responsible approach in the Maalinao-Caigutan-Biyog (MCB) Project, showcasing their dedication to sustainable development.
Furthermore, Hume outlined the company’s strategy in navigating regulatory and environmental challenges, ensuring the sustainable and safe development of the Sagay Project. This approach reflects Celsius Resources’ commitment to environmental sustainability and responsible mining practices.
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