Philippine Mega-Tsung Mining group is a joint venture of Philippine Mega-Tsung Mining Company, Philippine Bi Col Mineral Incorporated and Philippine Guo Long Mineral Incorporated. Chairman of the Company board is Mr. Chen Yao-Jen (John).
Now, we have 17 mining claims in Philippines. The Mineral areas are located in Camarines Norte, Jose Panganiban and Paracale, the area is more than 200 sq. km, which belongs to city of Palacale, Josepanganiban and Labo. The southen mining claims are located in province of Agusan and Surigao, area are more than 100 sq. km. Summing up all of the mining claims is more than 300 sq. km. Most of these mines had finished Philippines legal documents for exploration and mining.
Now companies’ geological work in Philippines had set up perfect mining corporation management system, strictly according to international JORC standard. Now the mining area divided 4 departments, 12 teams, include technical department (geological team, drilling team, measuring team, mining team, mill run team), engineering department ( engineering equipment team, transit team), Assay department, company management department ( administration team, security team, finance team, general affairs team, translate team). Now we have employees over 100 persons, among them, there are geologists, mill run engineers, drilling teams, mechanical engineers, Electric engineers, assay people, civil engineers.
The initial survey had found these mines reserve over ten metal ore resources include: large of iron ore (mainly magnetite), copper, gold, manganese, nickel, lead, zinc, molybdenum and so on. These mining areas have large mineral reserve and with very good exploit condition, i.e: open pit, it has convenience direct traffic to mining area. There are 2 harbors within the area, the deepest one that close to LARAP mining area is 11-15 meters, and can land ship with 30000-50000 tons. Now we had input many manpower, material resource and finance to construct part of road, bridge, port and other infrastructures within mining area, begin drilling part of mine and plan built large scale crushing field and mill run base of iron ore.