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Thursday, June 23, 2011
Philex says Surigao mine contains $22-B copper-gold deposits
Top miner Philex Mining Corp. estimates its Silangan Project, containing the Boyongan-Bayugo deposit, in southern Surigao province has gold and copper reserve worth at least $22 billion. The project has 5 billion pounds of copper and 9 million ounces of gold, based on the independent estimate by SRK Perth, Australia.| ABS-CBN News
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