Siargao Property Owners or Sellers

Property for Sale: Nickel Deposit Mining Site in Dinagat Island, Philippines

179 hectare lot for sale ready for mining dinagat island

**Location and Accessibility:**
The property, covering approximately 179 hectares, is situated within the Municipality of Libjo in Dinagat Island, Philippines. It is conveniently located approximately 17 kilometers or a 30-minute drive from the town proper. Access to the site is facilitated by a newly-cemented provincial road that intersects parts of the eastern section of the property. Additionally, commercial passenger boats operate daily from Surigao City to the ports of San Jose, Albor, and Loreto, providing easy access to the island province. Regular flights from Manila to Butuan and Surigao City further enhance accessibility to the area.

**Exploration and Findings:**
The property has been the subject of extensive exploration activities by the AMVI Exploration Team, with results indicating promising nickel and iron deposits. A total of 97 samples were collected from drilling activities, with an additional 10 samples from mapping activities. Auger and backpack drills completed 26 locations, providing valuable data on the mineral composition of the site.

drill holes map and data analysis

**Results and Findings:**
Mapping samples returned an average nickel content of 0.25% and iron content of 23.52%. The highest nickel value intercepted during drilling was 0.85%, with an iron grade of 14.63%. Additionally, the highest iron value sampled was 54.33%, with a nickel grade of 0.59%. High alumina content was also observed in both drill and channel samples.

sample result analysis nickel iron laterites

**Work Program and Activities:**
Exploration activities conducted from March 7, 2023, to March 12, 2023, included mapping, road cuts/exposures sampling, auger drilling, and backpack drilling. Local guides, laborers, and brushers were hired to assist with these activities. Samples were collected, quartered down to at least a kilo, and submitted to the AMVI Assay Laboratory for analysis.

geologic map libjo dinagat mining

The exploration activities undertaken serve as a preliminary geological evaluation to confirm the viability of the area for nickel-iron laterite deposit mining. The property's strategic location and accessibility, coupled with the promising mineral deposits, make it an attractive investment opportunity for mining companies seeking to expand their operations in the region.

field sampling drilling dinagat

Property ID: PPFS0013
Lot size: 179 Hectare
Location: Dinagat Islands, Philippines

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