Contracts / Projects


         List of on-going and completed contracts / projects as of April 30, 2014

No.

Client Project Site Inclusive Dates Drill Machine No. Of Holes Total Depth (m) Remarks

71

Eramen Minerals, Inc. Sta. Cruz, Zambales Feb 2014 to present Fabricated JCP Rigs 609 9,962.65

initial 8,000-m program, 99% recovery

70

Quarry Ventures Philippines, Inc. Naga, Cebu March 2014 to present LY34 & TONE Rigs 3 255

initial 600-m program

69

Citadel Mining Corporation Danao, Cebu Nov 2013 to Jan 2014 Atlas Copco CS10 10 500

99% recovery, Pozzolan

68

Biliran Geothermal, Inc. Naval, Biliran Sept 2013 to Feb 2014 YBM Hydraulic & CS10 23 615

Geothermal holes & waterwell

67

Magellan Consolidated Mines Dev. Corp Aroroy, Masbate May to Oct 2013 Atlas Copco CS10 12 2,005.7

96% recovery

66

Eramen Minerals, Inc. Sta. Cruz, Zambales April to May 2013 Fabricated JCP Rigs 843 8,000

99% recovery

65

TNCGEBIG Loreto, Dinagat Islands Dec 2012 Fabricated JCP Rigs 96 1,049

99% recovery

64

GFI/Toledo Power Toledo City, Cebu Nov to Dec 2012 Fabricated JCP Rigs 20 530/TD>

Onshore & offshore drilling

63

BenguetCorp Nickel Mines, Inc. Sta. Cruz, Zambales Sept to Dec 2012 Fabricated JCP Rigs 1,598 17,079.68

Additional Program,99% recovery

62

Intex Resources Philippines, Inc. Upper Kisluyan, Midoro Occidental June - July 2012 Fabricated JCP Rigs 148 2,163.85

Additional Program, 99% recovery

61

Pacific Mabuhay Mining Corp Gov. Generoso, Davao Oriental June - July 2012 Fabricated JCP Rigs 163 1,793.05

Phase I, 99% recovery

60

BenguetCorp Nickel Mines, Inc. Sta. Cruz, Zambales Feb - April 2012 Fabricated JCP Rigs 628 7,232.72

Extension Program

59

PT Mega Andes Energy Putussibau, North Kalimantan Jan - Mar 2012 Jackro 240 9 711

Coal Prospect, HQ3/NQ3, 98% recovery

58

Intex Resources Philippines, Inc. Upper Kisluyan, Mindoro Occidental Dec 2011 to April 2012 Fabricated JCP Rigs 205 2,925.85 Difficult locations, 99% recovery

57

Jinchuan Group/Ipilan Nickel Corp Maasin, Brooke's Point, Palawan Nov - Dec 2011 Fabricated JCP Rigs 102 holes 1,230.50 Due diligence project; sample preparation

56

Bato Mining Resources, Inc. San Fernando, Sibuyan Island Sept 2011 Fabricated JCP Rigs 3 holes 33.05m

96% recovery. Contract suspended

55

MRL Gold Philippines Tubay, Agusan del Norte Oct 2011 to Dec 31, 2011 Fabricated JCP rigs 12 176.5 Geotech drill, evaluation report included

54

Canopus No. 83 LTD/ Direct Nickel LTD

Mambare, Kokuda, Papua New Guinea

Oct to Dec 2011

Fabricated JCP rigs

133

3,384.65

95% recovery

53

PT Trimegah Bangun Persade Kawase, Obi, Indonesia Aug to Nov 2011 Fabricated JCP rigs 634 10,004.73 Contract extension, 99% recovery

52

MRL Gold Philippines

Binuangan Tubay, Agusan del Norte

June 2011

Fabricated JCP rigs

7

44.9

Geotech drilling

51

PT Trimegah Bangun Persada

Kawase, Obi, Indonesia

April 2011 to Aug 2011

Fabricated JCP rigs

599

10,010.25

Infill core drilling

50

BenguetCorp Nickel Mines, Inc.

Sta Cruz, Zambales

May to Oct 2011

Fabricated JCP rigs

1,520

21,303.8

99% core recovery

49

MRL Gold Philippines

Agusan del Norte

May 2011 to Aug 2011

Fabricated JCP rigs

266

3,384.97

90% core recovery

48

PT Harita Prime Abadi Minerals

Sandai, Indonesia

April 2011 to May 2012

Fabricated JCP rigs

5,121

40,982.60

98% core recovery

47

Abundant Long Mines Resources, Inc.

Zambales

May 2011

Koken and fabricated JCP rigs

38

548.68

96% core recovery; combination HQ triple tube and single tube

46

PT Harita Prima Abadi Minerals

Sandai, Indonesia

Nov 2010 to April 2011

Fabricated JCP rigs

1,109

10,006.8

97% core recovery, 1st contract

45

PT Kemakmuran Pertiwi Tambang

Ekor, Indonesia

Nov 2010 to March 2011

Fabricated JCP rigs

207

5,258.50

95% core recovery

44

AAM-PHIL Resources Exploration Corporation

Libjo, Dinagat

Dec 2010 to March 2011

Fabricated JCP rigs

1,358

3,759.89

99% core recovery

43

MRL Gold Philippines

Agusan del Norte

September 2010 to March 2011

Fabricated JCP rigs

563

6,273.64

90.3% core recovery

42

Philnico Mining and Industrial Corporation

Nonoc and Dinagat Islands, Surigao

Jan to Feb 2011

Fabricated JCP rigs

60

1,167.18

Due diligence drilling at Nonoc and Dinagat projects w/ geodetic survey

41

Philnico Mining and Industrial Corporation

Geotechnical Drilling; Nonoc Island, Surigao

February 2011

Fabricated JCP rigs

6

65.7

SPT, disturbed & undisturbed sampling, geodetic survey

40

Oriental Vision Mining Corporation

Libjo, Dinagat Island

Jan to March 2011

Fabricated JCP rigs

205

1,998.93

99% core recovery

39

MRL Gold Pilippines

Cabadbaran, Agusan del Norte

April to July 2010

Fabricated JCP rigs

185

2,959.60

Infill drilling 92% core recovery

38

Forum Cebu Coal Corporation

Dalaguete, Cebu

Jan to July 2010

Triple-tube (Long Year & Koken)

14

2,156.60

Exploratory drilling 95% recovery

37

Benguet Nickel Mines, Inc.

Gisgis, Zambales

Feb to June 2010

Fabricated JCP rigs

328

5,780.00

Exploratory and infill drilling 98% ave recovery

36

Intex Resources Incorporated

Villa Cerveza, Mindoro Oriental

June to November 2009

Fabricated JCP rigs, Offshore Modified Banka Drillng, Triple Tube

602

8,211.90

98% core recovery

35

Rusina/DMCI

Acoge, Sta. Cruz, Zambales

March 2009

Fabricated JCP rigs

27

278.10

34

Forum Cebu Coal Corporation

Dalaguete, Cebu

Feb-May 2009

Triple-tube

15

1,334.31

Exploratory Drilling 95% recovery

33

HY Chromite Mining Development Corp.

Loreto, Dinagat Is.

Sept-Dec 2008

Fabricated JCP rigs

182

3,196.37

Exploratory Drilling 99% recovery

32

168 Ferrum

Bayog, Zamboanga del Sur

Sept 2008

Triple Tube

9

342.60

Exploratoy Drilling 94% recovery

31

Regency Mines PLC

Papua New Guinea

Aug-Sept 2008

Fabricated JCP rigs

353

3,999.65

Exploratory Drilling 99% recovery

30

CCMVI Mining Ventures

Polanco and Gutalac, Zamboanga

Jul-Nov 2008

Fabricated JCP rigs

290

4,323.20

Exploratory Drilling 99% recovery

29

MRL Gold Pilippines

Cabadbaran, Agusan del Norte

Jun-Sept 2008

Fabricated JCP rigs

225

3,598.77

Exploratory Drilling 95% recovery

28

Viraj Mineral and Metal Resources Corporation

Luban, Mati, Davao

Jun 2008

Vibro

25

230.80

Exploratory Drilling 95% recovery

27

Good Friend Nickel Mining Corporation

Oregon, Mati, Davao Oriental

May 2008

Fabricated JCP rigs

114

1,000.30

Exploratory Drilling 99% recovery

26

Century Peak Corporation

Loreto, Dinagat Is

Mar-Jul 2008

Fabricated JCP rigs

419

5,017.40

25

Philnico Mining and Industrial Corporation

Dinagat Ni Project Basilisa, Dinagat Is

Nov 2007-March 2008

Fabricated JCP rigs

1,420

13,718.90

Development Drilling Phase 1, 98% core rec

24

Ipilan Nickel Corporation

Celestial Ni Prospect Brooke's Point, Palawan

Feb to Mar 2008

YBM Hydraulic Rig

4

127.0

Geotech drilling on propective stockyard, HQ size 100%

23

MacroAsia Corporation

Ipilan Ni Project Brooke's Point, Palawan

Nov 2007 to June 2008

Koken SD 3C, Tone, Fabricated JCP rigs

764

12,351.40

Infill Drilling -Phase 5A, 98% rec

22

MacroAsia Corporation

Ipilan Ni Project Brooke's Point, Palawan

Nov 2007

Koken SD 3C, Tone, Fabricated JCP rigs

113

2,373.00

Infill Drilling Phase 5, 98% rec

21

Philnico Mining and Industrial Corporation

Nonoc Ni Project Nonoc Is, Surigao City

Oct 2007

Fabricated JCP rigs

282

2,587.20

Infill Drilling Phase 2, 98% rec

20

MacroAsia Corporation

Ipilan Ni Project Brooke's Point, Palawan

Sep-Oct 2007

Koken SD 3C, Tone, Fabricated JCP rigs

310

4,822.40

Phase 4, 98% rec

19

MacroAsia Corporation

Ipilan Ni Project Brooke's Point, Palawan

Jul-Aug 2007

Koken SD 3C, Tone, Fabricated JCP rigs

117

1,799.10

Phase 3, 98% core rec

18

Philnico Mining and Industrial Corporation

Nonoc Ni Project Nonoc Is, Surigao City

Jun-Aug 2007

Fabricated JCP rigs

622

4,532.80

Development Drilling Phase 1, 98% core rec

17

ECAP Phils

Llorente Ni Prospects Eastern Samar

Jun 2007

Koken Vibro Drill

20

95.60

Reconnaissance drilling

16

MacroAsia Corporation

Ipilan Ni Project Brooke's Point, Palawan

Apr-May 2007

Koken SD 3C, Tone, Fabricated JCP rigs

76

1,514.20

Phase 2 drilling, 98% rec

15

Jinchuan Group Ltd/MacroAsia Corp JVA

Ipilan Ni Project Brooke's Point, Palawan

Mar-Apr 2007

Koken SD 3C, Tone

37

615.10

Reconnaissance drilling and geological exploration and evaluation

14

Rusina Mining NL

Acoje Ni Project Sta Cruz, Zambales

Feb-Oct 2007

Koken SD 3C, Toho, Tone, YBM

280

4,170.65

Detailed drilling HQ3 size, 98% core rec

13

ECAP/Marubeni JVA

ECAP prospect Tanauan, Leyte

Dec 2006 to Mar 2007

Modified banka drill

240

4,151.60

Reconnaissance banka drilling

12

Ipilan Nickel Corporation

Celestial Ni Prospect Brooke's Point, Palawan

Nov 2006 to Oct 2007

Koken SD 3C, Tone, YBM

2,603

46,994.90

Detailed core drilling, HQ size, 98% ave core rec

11

BHP Billiton

Hallmark Ni Prospect Mati, Davao Oriental

Oct-Nov 2006

Koken SD 3C, Toho, Tone, YBM

64

906.00

Special sampling program 98% ave core rec

10

Berong Nickel Corporation

Berong Ni Project Quezon, Palawan

Mar-Nov 2006

Koken SD 3C, Toho, Tone

636

7,634.00

Detailed core drilling HQ size core, 98% ave rec

9

BHP Billiton

Hallmark Ni Prospect Mati, Davao Oriental

Jan-Jun 2006

Koken SD 3C, Toho, YBM Hydraulic drills

529

8,280.00

Cont Phase 1 program 94% core rec

8

Sara Marie Mining, Inc

Bethlehem Ni Prospect Narra, Palawan

Jun-Dec 2005

Koken SD 3C, Toho, YBM Hydraulic

484

6,514.00

Detailed drill program, NQ size core, 95% ave rec

7

BHP Billiton

Hallmark Ni Prospect Mati, Davao Oriental

Jan-Jun 2005

Koken SD 3C, Toho, YBM Hydraulic drills

404

7,400.00

Phase 1 coring NQ size 93% ave core rec

6

QNI Phils

PGMC Ni prospect Dinapigui, Isabela

Jul-Aug 2004

Koken SD 3C, Jackro RB 15

128

2,892.00

Phase 2, coring NQ size

5

MBMI Resources, Inc

Celestial Ni Prospect Brooke's point, Palawan

April 2004

Koken SD 3C

20

420.00

NQ size cores

4

Matatag Mining Corp

MMC massive iron ore prospect, RTR, Bulacan

Mar-Apr 2004

LY 34

21

431.00

Wireline, HQ3 size core 92% ave core rec

3

QNI Phils

PGMC Ni prospect Dinapigui, Isabela

Nov-Dec 2003

Koken SD 3C

59

1,108.00

Phase 1, Coring NQ size, 94% ave core rec

2

Platinum Group Minerals, Corp

Marsman Gold Claims Panganiban, Camarines Norte

May-Jun 2003

LY 34, Jackro RB 15

13

425.00

Wireline QN3 size core, difficult ground conditions

1

QNI, Phils

CAGA 4 Project Cagdianao, Claver, SDN

Sep-Dec 2002

Koken SD-3C, Jackro RB 15

48

8,587.00

Infill core drilling, 94% ave core rec