With Batong Buhay yet to undergo modern exploration, #MTL is advancing key pre-drilling work:
📋 LIDAR survey
✍️ Drone magnetic & radiometric surveys
🗺️ Geological mapping & rock chip sampling
⛏️ Soil sampling
🏗️ EXPA-079 permitting
Drilling is expected to commence in H2 2026.
⛏️ Within the Batong Buhay copper-gold project, the Maalinao North orebody represents the northern extension of a prospective porphyry system. Historical drill results include:
🔹198.12m @ 1.15% Cu & 0.10 g/t Au (1.24% CuEq)
🔹134.36m @ 0.76% Cu & 0.16 g/t Au (0.91% CuEq)
⛏️ (1/2) #MTL has secured exclusive rights to the Batong Buhay project containing the Dickson orebody. Historical drill results include:
🔹160.93m @ 0.92% Cu & 0.60 g/t Au (1.48% CuEq)
🔹182.88m @ 0.73% Cu & 0.36 g/t Au (1.06% CuEq)
🔹173.74m @ 0.33% Cu & 0.95 g/t Au (1.21% CuEq)
🔍 (2/2) Historical mining operations took place at Dickson from 1979-1984, and a historic non-JORC compliant resource of 86.9Mt @ 0.60% Cu & 0.25 g/t Au (0.83% CuEq) has been identified
(1/2) 🎉 #MTL has signed a series of agreements securing the company exclusive rights to explore, develop and operate the Batong Buhay Porphyry Copper-Gold Project in the Philippines. Exploration work is to begin immediately, with a drill programme to follow in H2 2026
(2/2) Highlights:
🎯 One of the best, advanced porphyry copper-gold targets in the Philippines
⏩ Potential for fast tracked development following completion of exploration and engineering
🤝 Approvals from indigenous community and support from the PMDC
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#FCFMinerals' Occupational Safety and Health Department recently undertook an "Earthquake and Fire Emergency Drill" at the Runruno Gold Project alongside the local fire department. FCF priorities the safety of its employees, by ensuring that they are prepared for emergencies
💰 The full CAPEX budget of US$171 million for La India is expected to be funded by #MTL's FY2026 free cashflow generated by Runruno. However, to avoid any potential disruption to development, $MTL has arranged a US$30m gold pre-pay facility and is seeking a US$20m equipment loan
✍️ #MTL has awarded contracts to several service providers to advance the development and construction of the La India project. First gold production is on track for December 2026 ⤵️
Meet the Team 🤝 Max Denning, VP of Business Development & Investor Relations. Max has over 10 years' experience working in the mining industry as a consultant & director for companies in the UK, South America & Africa. He also co-founded and was previously CEO of Tungsten West
🗣️ #MTL's CEO, Darren Bowden, delivered a presentation and Q&A via @InvestorMeetCo. Darren discussed the FY2025 results, recent developments and upcoming plans across the company's portfolio, and the potential for future acquisitions. Watch in full via ⤵️ youtube.com/watch?v=485nELwm…
MTL has released an updated Corporate Presentation for its FY2025 Results. The presentation is available on the company's website at ⤵️ ow.ly/fawC50Z519v
🗣️ #MTL is pleased to announce that CEO Darren Bowden will host a live presentation on the FY2025 results via the @InvestorMeetCo platform on Wednesday 27 May at 09:00 BST. Register to watch via ⤵️ investormeetcompany.com/meta…
(1/2) #MTL announces its results for FY2025:
🟡 Record gold revenue of US$208.4m
💸 Record positive free cashflow of US$115.3m
💰 The company is debt free, with significant cash in the bank
⛏️ 65,287oz of gold produced from Runruno with 88.4% recovery
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(2/2) 🤝 Acquisition of Condor and La India project in Jan 2025
🏗️ Overall construction now 50% complete
📋 Strong progress made across management, permitting, construction & operational readiness
⌛ First production set for Dec 2026
⚒️ Over 16,000m of exploration drilling
#FCFMinerals recently received the Partnership Excellence Award by the Department of Education of Nueva Vizcaya, highlighting FCF’s sustained support for education through its Social Development and Management Programme, and its commitment to UN Sustainable Development Goal 4
🤝 (1/2) #MTL supports the development of our host and neighbouring communities with projects funded by our Social Development and Management Programme, targeting the construction of priority infrastructure
(2/2) These include farm-to-market roads, bridges, buildings, agricultural facilities, water systems, irrigation canals, and improvement of health and education facilities among others, helping communities to grow, connect, and thrive
📸 Take a look at photos from on-site at our Rio Luna prospect, part of the Nicaraguan suite of mining concessions acquired by #MTL in January 2025. The concession, covering an area of 43km² in the Central Highlands of Nicaragua, is comprised of 7 prospects ⤵️
🏗️ Construction at our La India #gold project in #Nicaragua is accelerating ahead of schedule. First production is on track for Q4 2026, and development continues to build momentum.
Our CEO, Darren Bowden, shares further insights ⤵️