DIDIPIO UPDATE. Works PROGRESSING WELL AT OUR FIRST OFFSHORE PROJECT

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DIDIPIO UPDATE. Works PROGRESSING WELL AT OUR FIRST OFFSHORE PROJECT

July 7, 2016
Mine Development

PYBAR commences work at OceanaGold’s Didipio mine site in the Philippines with a small crew of seven in February. This marks the first of overseas mining services project in the Philippines.

In April, the second full month since we started on site, a total of 305 metres was achieved – a fantastic effort by the team with water inflows of greater than 25 litres per second.

In the same month, we also expanded both the crew and services provided at Didipio with the addition of mechanical and electrical employees to assist the rapid development crews.

We’re also seeing some great relationships being formed with the crews who are working well with the nationals.

April also saw the arrival of the RBR600-VF raise bore rig and its crews. Rigging up activities have commenced and we are starting to adapt to Filipino time as we await the last few container deliveries!

May is certainly shaping up to be a busy and exciting month at Didipio with the piloting of the raise bore due to start soon.

QUICK FACTS ABOUT DIDIPIO

Didipio is a high grade gold-copper mine located on the island of Luzon, approximately 270km north of Manila in the Philippines.

http://www.oceanagold.com/our-business/philippines/didipio-mine/

Quick Facts
Mine type Open pit & underground
Nominal production 100,000oz gold + 14,000t copper
Reserves 1.59Moz gold + 0.21Mt copper
Estimated mine life 2030+

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