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HomeCVMR NewsPhilippines ministerial announcement: CVMR® Exploration Rights

Philippines ministerial announcement: CVMR® Exploration Rights

Author: CVMR®
Date of publication: 20.04.2007
Reading time: 3 min.
666

Table of contents

  1. Philippines ministerial announcement: CVMR® Exploration Rights

Philippines ministerial announcement: CVMR® Exploration Rights

20 April 2007, Manila, Philippines

The Honorable Angelo T. Reyes, Secretary of the Department of Environment and Natural Resources, announced that the Philippine Government has awarded exploration rights in the Province of Eastern Samar to CVMR® Resources (Philippines) Inc. CVMR® Resources is a subsidiary of Chemical Vapour Metal Refining Inc. (CVMR®), a Canadian corporation specialized in highly integrated mining and refining of nickel, cobalt and PGMs with proprietary, state-of-the-art vapour metallurgy refining technology.

CVMR® expressed its appreciation for the confidence in it expressed by the Philippine Government. CVMR® Resources has undertaken to carry out a regional geological reconnaissance survey in compliance with the 2-year exploration work program that had been previously submitted by the corporation to the Mines & Geosciences Bureau. The surveys will identify regions for exploratory auger drilling to begin definition of the occurrence and nature of the nickel mineral deposit at CVMR® Resources' tenement in Eastern Samar.

It is expected that a nickel laterite resource base will eventually be delineated, that would be sufficiently large to support an economically viable commercial operation, producing at least 30,000 tonnes of nickel products per annum. Such a project would provide direct employment for at least 1500 individuals, and hundreds more support personnel, and would contribute to a robust economic activity in the Province of Eastern Samar, with particular benefits flowing to the three municipalities of Quinapondan, Balangiga and Giporlos. This project will contribute to the advancement of the Philippines' dynamic mining industry by establishing a world class fully integrated processing and refining operation in the Philippines.

Answers to your questions

  • What does CVMR do?

    CVMR refines metals using vapor metallurgy and produces high-purity powders and components for various industries.

  • What metals does CVMR work with?

    CVMR works with over 30 metals, including nickel, cobalt, lithium, rare earth elements, gold, silver, and copper.

  • Who uses CVMR’s products?

    CVMR’s products are used in aerospace, automotive, electronics, medical devices, energy storage, and defense.

  • What is vapor metallurgy?

    It’s a process where metals are vaporized and purified to produce ultra-pure materials with precise control.

  • Is CVMR eco-friendly?

    Yes, CVMR uses sustainable methods like recycling metals, reducing CO₂, and turning methane into graphene.

  • Where is CVMR located?

    CVMR is based in Toronto, Canada, and operates in over 20 countries globally.

  • Who are CVMR’s clients?

    Clients include Pratt & Whitney, U.S. Mint, Virgin Galactic, Barrick Gold, and the U.S. Department of Energy.

  • Does CVMR make battery materials?

    Yes, CVMR supplies lithium, nickel, cobalt, manganese, and vanadium for electric vehicle and storage batteries.

  • What is CVMR’s role in graphene?

    CVMR converts CO₂ and methane into high-quality graphene for electronics, energy, and advanced material use.

  • How do I contact CVMR?

    Visit https://cvmr.ca or email [email protected] for business inquiries and more information.

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