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| Index > Projects > Philippines Exploration > Buda |
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 The Buda project is located in the Central Mindanao Cordillera on the interpreted continuation of the volcanic arc segment that hosts the Tampakan copper-gold deposit in southern Mindanao. There are a number of areas of small-scale gold mining activity within the area of the 3 exploration permit applications of Indophil and the Company has defined several gold geochemical anomalies (prospects) from a limited orientation stream sediment survey.
Channel sampling of outcropping massive sulphides at the Bangan prospect returned the highly anomalous response of 5.8m at 31g/t gold, 80g/t silver and 1.05% copper in 3 contiguous samples. To date this is the only work on this prospect.
Future grid based exploration by Indophil, including follow-up at Bangan, is contingent on the formal approval of title (3 exploration permit applications). |
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| Disclaimer | © 2008 Indophil Resources NL |
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