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Mike Allotti

04/17/06 11:48 PM

#5136 RE: Mike Allotti #5134

About Mining in the Phillipines
In geologic terms, the archipelago comprises a structurally complex island arc located at the juncture of two major tectonic plates; the Philippines Plate to the east and Eurasian plate to the west. However, in detail, as Figure 1 shows, the tectonic situation is much more complex. This geologic complexity has resulted in the Philippines being one of the most intensely gold - copper mineralized island arcs on earth. Indeed, on the western half of the Pacific Rim of Fire, only Irian Jaya - Papua New Guinea rivals the Philippines in their prospectivity for gold and copper. The eastern section of the Island of Mindanao ranks as a "World Class Gold - Copper District".
http://www.panoro.com/s/Surigao.asp?ReportID=71158

Allotti.