01 Iron

Mineral Resource Information Series No. 1

IRON

Lands Geological Survey Division

Mines and Geosciences Bureau Department of Environment and Natural Resources

Quezon City

Copyright 2004 (Not for resale or unauthorized reproduction)

(Copyright 2004 – not for resale or unauthorized reproduction)

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INTRODUCTION Iron (Fe) is a lustrous, ductile, malleable, silver-gray metal. It is strongly attracted by a magnet and is itself easily magnetized. Iron is the fourth most common element in the earth’s crust and the second most abundant metallic element, of which it constitutes about 5% by weight. It is believed to be the major component of the earth’s core. Naturally occurring iron is found mainly as minerals of iron oxide. The principal iron minerals are hematite (ferric oxide, Fe2O3), magnetite (ferrous-ferric oxide, Fe3O4), limonite (ferric oxide trihydrate, Fe2O3.3H2O), goethite (FeO.OH), and siderite (ferrous carbonate, FeCO3). Hematite has a common reddish-brown to black color and dull in earthy varieties. Red earthy variety is known as the red ocher while the metallic one is known as specularite. Magnetite, on the other hand is characterized chiefly by its strong magnetism and may act as a natural magnet, known as lodestone. It exhibits iron black color, metallic luster and black streak. Presence of iron in a rock can be deduced from the red, yellow and brown coloration it imparts to the rocks. Iron is about 5 times heavier than water, having a relative density of 5.2. When iron is exposed to the air it starts to turn back into iron oxide and the red powder that forms on the surface of the iron is what we call rust. GEOLOGY AND MINERALIZATION (INCLUDING OCCURRENCE CLASSIFICATION AND DISTRIBUTION) Iron ores occur in deposits of all geological ages. The important iron districts of the Philippines are those in Ilocos Norte, Camarines Norte, Cotabato, Nueva Viscaya, Surigao, Cagayan Valley, Marinduque, Zamboanga, Samar, Bulacan and Davao. Figure 1 Map shows the distribution of iron deposits in the Philippines. Philippine iron deposits are classified into: a) skarn (or contact metasomatic); b) magnetite sand; c) laterite; d) sedimentary ; e) bog; and f) spring. The more important ones are skarn, magnetite sand and laterites. The rest are of minor economic significance. Skarn The most important iron deposits in the Philippines are of the skarn type. They occur in a geologic setting in which limestone or calcareous sediments are intruded by a younger intermediate to acidic pluton, the skarn being developed not far from the margins of the intrusive contact into the metasomatized limestone/calcareous sedimentary rock. Iron in this type of deposits occurs with other metals like gold, copper, lead, and zinc. Iron skarn deposits occur in Luzon Central Cordillera, Southern Sierra Madre, Eastern Bicol, Samar, Eastern Mindanao, Mindoro, Marinduque, Buruanga peninsula in Panay, Cebu, Guimaras Island, southwestern Negros, Malangas-Sibuguey islands and Daguma


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range in southern Mindanao. As these deposits are always related to plutonic bodies, their ages are reflected by the age of the related intrusive rocks responsible for skarn formation. Magnetite Sand Next in economic importance are the magnetite sand deposits. This deposit type consists of magnetite concentrations in beach and alluvial sand. Economic deposits generally contain 15 to 30% magnetite which, when concentrated, yield about 55 to 60% Fe. The magnetite concentrate usually contains impurities of titanium and vanadium, which interfere with the smelting process, thus, lowering the quality of the iron ore. The value of the magnetite concentrate is, however, enhanced when the titanium and/or vanadium contents are high enough to produce special steel. The most extensive magnetite sand deposits are those along the beaches of northern and northwestern Luzon, eastern Leyte, and southwestern Negros. The deposits in Ilocos Norte are situated inland, within sand dunes of raised beaches around Paoay Lake. Those in Damortis, La Union extend offshore in Lingayen Bay as submerged sand dunes rich in magnetite. In Pampanga and Bulacan, the magnetite sand deposits are in inland alluvial flood plains. Those in Leyte occur along the eastern coast of the island from Palo to the north to Silago to the south. Beach sand mining remains prohibited in the Philippines with the passage of Batas Pambansa Blg. 265 – “ An Act Prohibiting the Extraction of Gravel and Sand from Beaches and Providing Penalties Thereof” which was approved on Nov. 13, 1982. Laterite The iron laterite deposits comprise the surficial 10 to 15 meters of soil over mafic and ultramafic rocks that are exposed in more than 5% of the total land area of the archipelago. The deposits are of two types: nickeliferous and aluminous. Those over ultramafic rocks (e.g., dunite and peridotite) are nickeliferous, as these rocks contain significant amounts of nickel that develop into silicate nickel ore (garnierite) upon weathering. Those over mafic rocks (e.g., gabbro and basalt) are high in alumina (Al2O3), and where iron diminishes at depth in the soil profile, bauxite or bauxitic clay forms. The major nickeliferous laterite iron deposits are in northern Sierra Madre, Zambales Range, Mindoro, Sibuyan Island, southern Samar, southern Palawan, Dinagat Island Group, northern Surigao, Pujada peninsula and Tawi-Tawi Island. The only aluminous laterite iron deposits that have been explored are those in Bucas Grande and Siargao islands in Surigao del Norte Province Sedimentary or Bedded Sedimentary iron deposits are in the form of layers of hematite and/or magnetite interbedded with sediments. The only two known deposits are in Camalaniugan, Cagayan and Tinambac, Camarines Sur. The former is associated with Pliocene to Pleistocene clastics with hematite and magnetite as ore minerals. The Tinambac deposit, on the other hand, is associated with Cretaceous greywackes and spilitic lavas with hematite and minor magnetite and pyrolusite as ore minerals.


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Sedimentary Bog Limonitic bog iron ores occur in small low-grade deposits with much manganese, phosphorus, water, clay, and other impurities. Bacterial action causes the precipitation of ferric oxides and hydroxides from the breakdown of humic iron complexes and ferrous bicarbonate. Supplies of iron are transported to the bog waters by streams and springs. At present, bog ores are of very minor economic significance. At least one relatively important bog iron sedimentary deposit occurs in the Philippines, that of Taan, Nueva Vizcaya. Spring Spring iron deposits are considered to have originated as spring emanations in Quaternary volcanic terranes. These have been identified in at least three localities: 1) Pan de Azucar Island, Iloilo; 2) Binalbagan, Negros Occidental; and 3) Landayao Tupi, Cotabato . The Pan de Azucar and Binalbagan deposits are mainly limonite crust and boulder coating exhibiting colloidal texture like crustiform banding and botryoidal texture. On the other hand, the Landayao deposits are principally goethite and hematite associated with highly silicified andesite and jasperoid. Colloidal textures are present in both massive crust and jasperoid breccia fillings. Typical examples of the various iron deposit types are listed in Table1.

Type of Deposit

Operator Location Geology Mineralization Ore Mineralogy

Reserves

Skarn Deposits a. Larap Iron-Copper-Molybdenum skarn deposit

Under receivership of the Phil. government

Geographical name: Bgy. Larap, Jose Panganiban, Camarines Norte Central geographic coordinates: 14°15’N and 122°39’

The oldest rock suite and host to iron-base metal mineralization consists of the metamorphosed interbedded marls, calcareous shales, arkoses, graywackes, sandstones and conglomerates of the Early Miocene age Universal Formation. Capping this formation are andesite-basalt flows, tuffs and flow breccias. Swarms of granodioritic / monzonitic dikes, believed to be of Late Miocene age, are probably related to a diorite stock southwest of the

The mineralized zones are mostly in replaced calcareous bedding horizons and localize along contacts of the metavolcanic and metasedimentary rocks with the granodiorite/ monzonite bodies. Folds, faults, and shear-joint planes have acted as channelways for ascending ore solutions that selectively metasomatized calcareous beds. The orebody, as exposed in the Bessemer pit, trends north-south. It consists of lenses ranging in thickness

Primary minerals: Chalcopyrite, molybdenite, magnetite, pyrite, uraninite. High grade ores consists mainly of magnetite with little or no pyrite and other sulfide minerals. Gangue minerals: Garnet, pyroxene, epidote, amphibole, calcite, chlorite and apatite.

Ore reserves totaled 49,387,000 MT of 25.7% magnetic Fe, of which 20,817,000 MT of 26.1% magnetic Fe was considered minable. In addition, the estimated copper-molybdenum ore reserves was 19.2 million MT of 0.225% Cu and 0.029% Mo as inferred ore. As of 1982, remaining positive and


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main orebody.

from 8 to 25m following bedding planes.

probable ore reserves totaled 12,589,974 MT with 10% Fe, 0.29% Cu, 0.04% Mo and 3% S.

b. Sta.Ines iron-skarn deposit

Santa Ines Iron and Steel Corporation

Geographical name: Bgy. Santa Ines, Antipolo, Rizal Central geographic coordinates: 14°46’ N, 121°19’ E

Paleogene basement rocks consisting of limestone, graywacke and shale associated with basic flows are unconformably overlain by Miocene calcareous sediments This sequence is intruded by a Middle Miocene pluton, the Sta. Ines Diorite, responsible for the metasomatic mineralization of favorable calcareous beds. Post-Middle Miocene basaltic to andesitic dikes intrude the older formations while Recent alluvial material and debris occupy river banks and ridge slopes

The Santa Ines iron skarn deposit is related to the Santa Ines diorite stock. Mineralization occurs between the contact of the diorite and the intruded older calcareous sedimentary rocks. The main deposit probably represents a large inclusion of limestone within the diorite stock. The limestone inclusion has been thoroughly replaced by magnetite-sulfide ores, where the accompanying clastics were barely involved. The clastic mass is roof pendant as it is totally surrounded by the Sta. Ines diorite. Within this clastic sedimentary inclusion, some thin-bedded sections show selective but incomplete replacement by magnetite, epidote and garnet. The main deposit is a large lens-like mass oriented along a NW-SE strike with a steep dip to the northeast. The widest dimension across the ore body is 312 m, measured from an exploratory adit at the 560 level.

Primary minerals: Recognized in the order of decreasing abundance are magnetite, pyrite, pyrrhotite, and chalcopyrite. Minor specularite is present in fresh ore. Secondary minerals: Hematite and limonite are seen on surface exposures. Gangue minerals : Primarily calcite, epidote and garnet in roughly equal proportion. Quartz is a minor component while chlorite and vug-filling fibrous amphibole occur sparingly with some clay minerals. Sphene, zeolite, apatite, and biotite are recognized in thin section.

Ore reserves totaled 33,490,380 MT of beneficiating ore averaging 32-33% Fe as magnetite, about 0.098% Cu as chalcopyrite and 2-3% S. Additional 12,000,000 MT of ore of the same tenor may be extracted in the area.

c. Lamin iron-skarn

Ilocandia Iron and Smelting

Geographical name: Bgy.

Basement rocks consist of: (i) basal

The deposit is restricted in a

Primary mineral:

Possible ore reserve of


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deposit Incorporated in 1978 (to be verified)

Lammin, Carasi, Ilocos Norte Central geographic coordinates: 8°15’N, 120°53’E

basic volcanic flows, pyroclastic rocks (basaltic lithic tuff and lapilli tuff) and sedimentary units (ferruginous sandstone, shale, chert, and conglomerate) of inferred Cretaceous-Paleogene age; (ii) andesitic flows intercalated with andesitic tuff to volcanic breccia, sandstone, shale and limestone; (iii) dacite flows intercalated with dacitic tuff, sandstone,shale and limestone. Lens type skarn-iron minerals are localized in favored horizons in the sedimentary units. Diorite and quartz diorite stocks, dikes, and sills of Oligocene age intrude the older rock sequences. Basaltic to andesitic dikes and sills are believed to be later members of this intrusive unit. Truncating the older rock units is an Early Miocene coralline limestone.

horizon of intercalated sedimentary rocks, limestone, volcanic flows and pyroclastics intruded by dioritic pluton of Oligocene age. The iron skarn deposit is located approximately at 1010m elevation along the slope of a northeast trending ridge. Mineralization belt trends northeast and dips 25°- 60° to the northwest. Strike length is 1,750 meters. Outcrop thickness swells up to 15 meters and pinches to less than a meter.

Magnetite

Secondary mineral: Hematite (found in the surface of deposits and along shear zones). Gangue minerals: Calcite, quartz, epidote, chlorite, garnet, wollastonite, clay, minor pyroxene, sphene, apatite.

796,316 MT at 58% Fe average and probable reserve of 1,368,931 MT at 58% Fe average


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Magnetite Sand deposits Sta. Cruz and Agoo magnetite sand deposits

Geographical name: Sta. Cruz to Tagudin, Ilocos Sur and Agoo, La Union Central geographic coordinates: Sta. Cruz: 17°25’00” N, 120°25’00” E Agoo, La Union: 17°07’30”N, 120°20’00”E

The coast from Sta. Cruz to Tagudin is characterized by numerous sand dunes that extend from 50 to 200 meters from the shoreline while the Agoo coast has a more subdued topography except for a maximum rise of a meter near the shoreline. The beach sand is fine to medium-grained. Magnetite occurs either as grains disseminated with other alluvial minerals in the sand or within distinct layers that are sub-centimeter to 2 cm thick. These coastal areas are underlain by clastic sedimentary rocks of Upper Miocene – Pleistocene age.

Magnetite comes from the erosion of older rock units in the Central Cordillera. Together with other minerals, they are carried by fluviatile action to the coast, where magnetite alluvial material is dumped and magnetite is enriched primarily by wave action and partly by winnowing wind action. The total thickness of the magnetite-bearing sand is unknown, as geological investigations were limited to 1 up to 2.8 meters depth.

Primary mineral: Titano-magnetite.

Recoverable magnetite based on 1.5 and 1.0 m drillholes in Sta. Cruz and Agoo, respectively, is calculated at 4,207,700 MT

Laterite iron deposits Laterite iron deposits of the Surigao Mineral Reservations

The reservation is currently parceled into different claims to several mining companies and claimowners.

The reservation comprises the central eastern portion of Surigao peninsula (Parcel I) in northeastern Mindanao; southern Dinagat, Nonoc, Hinatuan and Masepelid islands and lesser isles (Parcel II); northern Dinagat island (Parcel III); and Siargao and Bucas Grande islands (Parcel IV)

The reservation is underlain chiefly by metavolcanics, metasediments and serpentinized peridotite. The metavolcanics and metasediments occur as small windows in thrusted sheets of peridotite. Diorite and gabbro occasionally intrude the peridotite. Near the coast are Eocene and/or Oligocene sediments, including limestone, which are generally folded along a N-S axis. Miocene-Pliocene andesite intrusion carried some gold-rich veins. Post-andesite

The laterite iron deposits are residual products of chemical weathering of serpentinized ultramafic rocks. The nickeliferous laterite iron deposits blanket a wide area reaching a thickness of 30m in places. It is generally considered that laterite formation accompanies relative tectonic quiescence, allowing for the dominance of peneplanation processes over uplift and mountain building. Groundwater is

Limonite is the chief constituent of the laterite iron ore while hematite and magnetite occurs in subordinate amounts.

Ore reserves thus identified are 1.0 billion MT of 47% Fe for Parcel I in Surigao and 150 million MT of 47% Fe for Nonoc island.


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sedimentation was confined around Lake Mainit and along the northern coast of the district. Pleistocene uplift raised rich auriferous gravels at the northern part of the district.

responsible for the removal of great quantities of soluble materials such as silica, magnesia and lime and the accumulation of less mobile constituents such as iron, aluminum, nickel, cobalt, vanadium and chromium.

Sedimentary bedded iron deposit

Camalaniugan Sedimentary bedded iron deposit

Geographical name: Bgy. .Camalaniugan, Aparri, Cagayan (10 km south of Aparri Poblacion, Cagayan) Central geographic coordinates: 18°18’N, 121°37’E .

The upper section of the Pliocene Ilagan Sandstone hosts the iron deposit. Overlying this unit in probable unconformity is a flat-lying, poorly consolidated conglomerate, probably equivalent to the Pleistocene Alat Conglomerate.

The bedded iron ore occurs within the upper portions of the Ilagan Sandstone, in which up to a 3 m-thick horizon of hematite and magnetite has been encountered in test pits. The bedded ore appears to be an elongated body with a length of 700 m along the northwest trend of a ridge with an average width of 120 m. The base of the overlying conglomerate also contains hematite and magnetite boulders that are, at places in direct contact with beds of similar composition in the Ilagan Sandstone.

Hematite and magnetite

The bedded iron ores are estimated at 756,000 tons and the recoverable float iron ores are estimated at 1,125,000 tons with better than 50% iron.


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Sedimentary bog iron deposit Taan sedimentary bog iron deposit

Geographical description: The deposit lies at the southern sector of Nueva Vizcaya near the provincial boundary of Quezon and Nueva Ecija. It is within the interior highland of the Sierra Madre mountains. Central geographic coordinates: 15°38’N, 121°19’E

The iron deposit lies unconformably above the truncated surface of thermally metamorphosed rock sequence consisting of basic to intermediate volcanic flows intercalated with sandstone and shale. This rock unit was intruded by a quartz diorite stock, believed to be responsible for the widespread epidotization, silicification, pyritization and chloritization of the meta-rocks. The intruded rocks are hornfelsic near the intrusive contact. Hydrothermal quartz veins are prevalent in the area. Granodioritic dikes intrude the quartz diorite while basic dikes intrude both rock types.

The deposit formed within a structural basin that probably ponded into a lake. Iron supplied into this basin originated from the chemical weathering of surrounding rocks, which shows evidence of pyritization probably brought about by dioritic intrusions. The iron ions probably derived from the oxidation and weathering of pyritic alteration aureoles, veins and pockets in volcanic rocks were transported into the basin possibly as ferrous solutions and colloids. Iron was precipitated possibly due to the combined effects of ion saturation, chemical reduction and bacterial action.

The deposit consists principally of limonite with minor amount of hematite.

Iron Deposits/Prospects in the Philippines Region 01 Ilocos Norte

Province

Municipality Name of Contractor Total Tonnage/ Hectarage

Ave. Grade/ Permit No./ Application No.

Status

Nueva Era Philippine Processing Corp. /(Cabitauran Iron Project)

102,600.00 52.56 % Fe Stopped Operation

Paoay La Playa Mining Corporation

949,000.00 50.56 % Fe Operation Suspended


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Carasi Ilocandia Iron & Smelting Inc./ ( Lammin Iron Project )

. 850,000.00

60.50 % Fe

Stopped Operation

Carasi Rigid Aggregates Corporation

2,942 has APSA-000219I In Process (for publication/posting)

Carasi Glendale Mining & Dev’t Corp.

1,463 has. APSA-000223I Under Initial Processing

Region 01 Ilocos Sur Province Municipality Name of Contractor Total

Tonnage/ Hectarage


Status

Sta. Cruz Filmag (Phils.) Inc. / (Sta. Lucia/Sta. Cruz Iron Project)

2,139,780.00 58.50 % Fe Operation Suspended

Region 01 La Union Province Municipality Name of Contractor Total

Tonnage/ Hectarage


Status

Agoo Philippine Oil & Mining Company

2,031,400.00 60.11 % Fe Operation Suspended

Region 02 Cagayan Province Municipality Name of Contractor Total

Tonnage/ Hectarage


Status

Sanchez Mira, Abulug, Ballesteros, Buguey, Gonzaga

Platinum Group Metals Corp.

1,992 has. APSA-000117II In Process (under evaluation)

Sanchez Mira, Claveria

Federico Ganigan 810 has. APSA-000118II In Process (under evaluation)

Camalaniugan Kalamazoo Mining Corp.

1,056 has. APSA-000119II Under Evaluation)

Camalaniugan, Aparri, Abulug

Platinum Group Metals Corp.

2,149 has. EPA-00063II In Process (under evaluation)

Sanchez Mira E.M. Ramos and Company, Inc.

2,100,000.00 53.17 % Fe Stopped Operation

Camalaniugan Elizalde & Company, Inc.


Gonzaga Apex Exploration & Mining Company, Inc.


Pamplona Feva Mining Corporation


Region 03 Bulacan Province Municipality Name of Contractor Total

Tonnage/ Hectarage


Status

DRT Heirs of Valentin Marias & Maria Fernando

57 has. Spanish Grant (for verification)

With Mines Operating Agreement with Far Eastern Iron Ore


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Corporation & with pending request for Ore Transport Permit

DRT Oro Development Corp. 4,000,000.00/ 442.4818 has.

64.35 % Fe MLC No. MRD-509; Dec. 6, 1988

Under mine development; with pending request for Ore Transport Permit

DRT J and J Enterprises 1,998,400.00 62.00 % Fe Under Research DRT San Ildefonso Carmen de Villareal 2,000,000.00 55.52 % Fe Under Research Region 03 Tarlac Province Municipality Name of Contractor Total

Tonnage/ Hectarage


Status

Mayantoc P.D. Ago Mining Expl’n. Company (Bigbiga/Mayantoc/ Burgos Iron Project)


Region 04 Rizal Province Municipality Name of Contractor Total

Tonnage/ Hectarage


Status

Tanay Sta. Ines Mining & Steel Corp

33,490,380.00/ 675 has.

48.86 % Fe/ AMA-00136IV; Sept. 12, 1994

Identical to expired MLC’s; under APT; processing suspended

Region 04 Quezon Province Municipality Name of Contractor Total

Tonnage/ Hectarage

Ave. Grade/ permit No./ Application No.

Status

Casiguran Maraveni Cons. Mines Inc.


Region 04 Mindoro Province Municipality Name of Contractor Total

Tonnage/ Hectarage


Status

Abra de Ilog, Mindoro Occidental/ San Teodoro, Mindoro Oriental

Agusan Petroleum and Mineral Corp./(Abra de Ilog Iron Project)

1,840,710.00/ 53,592 has.

66.32 % Fe/ AFTA-15; Feb. 26, 1996

Under Evaluation; covers expired MLC’s of Hercules Iron Mines; area in conflict with reservation

Abra de Ilog Cattaca Mining Exploration Company

8,100.00 has. EXPA-000079IV

In Process

Abra de Ilog Longyear Mining Co., Incorporated

2,600,000.00 66.32 % Fe Under Research


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Mamburao Fernandez-Hermanos, Inc./(Nagsabongan Iron Project)

6,000,000.00. 55.00 % Fe Under Research

Paluan Norwegian Exploration (Phils.) Inc.

2,745.61 has. EXPA-000080IV

In Process

Region 04 Mariduque Province



Status

Mogpog Marinduque Iron Mines/ (Magana Iron Project)


Region 04 Palawan Province Municipality Name of Contractor Total

Tonnage/ Hectarage


Status

Brooke’s Point Mondo Exploration Corp.

256 has. MLC’s No.: MRD-127 MRD 128 MRD-129; approved on August 26, 1980

Under Operating Agreement with Olympic Mines and Development Corporation; with MPSA application

Brooke’s Point Atlantic City Mining Corp.

640 has. MLC No. MRD-130; approved on August 26, 1980

Under Operating Agreement with Olympic Mines and Development Corporation; with MPSA application (for area status and clearance)

Bataraza Rio Tuba Nickel Mining Corp.

342 has. MLC’s No.: MRD-172 and MRD-173; approved on June 25, 1979

Under Operating Agreement with Olympic Mines and Development Corporation; with MPSA application (for area status and clearance)

Bataraza Rodolfo Jamir 1,086 has. MLC No. MRD-174; approved on August 17, 1979

Under Operating Agreement with Rio Tuba Nickel Mining Corp.; with MPSA application (for initial processing)

Bataraza Lourdes Balage 108 has. MLC No. MRD-175; approved on June 25, 1979

Under Operating Agreement with Rio Tuba Nickel Mining Corp.; with MPSA application

Bataraza Iluminada Martinez 648 has. MLC’s No.: MRD-176 and MRD-177; approved on

Under Operating Agreement with Olympic Mines and Development


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August 17, 1979 Corporation; with MPSA application (for area status and clearance)

Bataraza Melencio Villanueva 108 has. MLC’s No.: MRD-178 and MRD-179; approved on June 25, 1979

Under Operating Agreement with Olympic Mines and development Corp.; with MPSA application (for area status and clearance)

Aborlan Atlas Consolidated Mining & Dev’t Corp.

6,006.24 has. MPSA-00536IV; October 16, 1991

Under evaluation; lacks NCIP/PCSD Certification

Aborlan Atlas Consolidated Mining & Dev’t Corp.

810 has. MPSA-05381IV; October 16, 1991

Under evaluation; lacks NCIP/PCSD Certification

Puerto Princesa Benguet Corporation 2,126 has. MPSA-00546IV; May 9, 1992

Covers expired MLC’s; lacks area status and clearance

Region 05 Camarines Norte Province



Status

Jose Panganiban Concepcion F. Abaño 283.50 has APSA-000095V In Process Jose Panganiban Isabelo F. Fonacier 319.70 has APSA-000097V In Process Jose Panganiban/ Paracale

United Pacific Mining & Dev’t Corp.

2,652.97 has. APSA-00028IV In Process

Jose Panganiban Fonacier, Isabelo 1,000,000.00 57.00 % Fe Under Research Jose Panganiban Philippine Iron Mines,

Inc. 12,589,970.00 Stopped Operation

Jose Panganiban Agusan Gold Mines, Inc./ (Pinagbirayan Iron Project)

451,380.00 Stopped Operation

Paracale Rodolfo N. Padrigon 829.37 has. APSA-000142V In Process Paracale Gervil Resources Dev’t

Corp. 165.82 has. APSA-000201V In Process

Paracale Pellets Mineral Resources Dev’t Corp.

165.82 has. APSA-000304V In Process

Capalonga Mataqui Iron Prospect 1,171,620.00 Geologically Investigated

Labo Maraveni Cons. Mines, Inc.


Labo Gold Fields Phil. Corp. 972.00 has. APSA-000001V In Process Labo Pellets Mineral

Resources Dev’t Corp. 829.38 has. APSA-000306V In Process

Labo Vein Venida Inc./(Napado Iron Project)

100,000.00 Geologically Investigated

Region 05 Camarines Sur


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Province Municipality Name of Contractor Total

Tonnage/ Hectarage


Status

Lagonoy Hercules Iron Mines, Inc./ (Mipid Iron Project)

300,000.00 Geologically Investigated

Tinambac Atlas Cons. Mining & Dev’t. Corp


Tinambac Tupegos Mining Corp. 1,649,300.00 50.32 % Fe Stopped Operation Region 05 Albay Province Municipality Name of Contractor Total

Tonnage/ Hectarage


Status

Batan/Rapu-Rapu San Ramon Mining Company/( Batan/Rapu-Rapu Iron Project)

17,500.00 43.33 %Fe Stopped Operation

Region 05 Sorsogon Province Municipality Name of Contractor Total

Tonnage/ Hectarage


Status

Magallanes Rolando Tabuena/(Magallanes Iron Project for SSMP)

17,000.00 40.56 % Fe Under Research

Matnog Angelina R. Lesaca 333.96 has. EXPA-000030V In Process

Region 05 Catanduanes Province


Ave. Grade/ permit No./ Application No.

Status

Bagamanok Bacak/Bagatabao Prospects/(Catanduanes Iron Project)

63,000.00 27.50 % Fe Geologically Investigated

Region 06 Negros Occidental Province



Status

Sipalay Gabun-Paracale Mining Co., Inc


Region 07 Negros Oriental Province



Status

Bayawan/ Siaton

Inco Mining Company 6,596,070.00 17.96 % Fe Operation Suspended

Southern Negros A.T. Ascano Mining Corp.



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Region 08 Leyte Province Municipality Name of Contractor Total

Tonnage/ Hectarage


Status

Abuyog/ Mc Arthur

Phil. Mineral Sands & Company


Tacloban City Great Pacific Mining Corporation

515,050.00 59.45 % Fe Operation Suspended

Tolosa Inco Mining Company 40,662,560.00 17.29 % Fe Operation Suspended

Region 09 Zamboanga del Norte Province



Status

Lunday, Sibuco/Cuatro Ojos & Vitali, Zamboanga City

Hard Rock Mineral Trading, Inc.

6,075 has. APSA-000103-IX; filed: March 4,2004

Under Evaluation

Mildan, Baliguian & Sakong, Gutalac

Rigid Aggregates Corporation

7,290 has. APSA-000108-IX; filed April 26, 2004

Under Evaluation

Region 09 Zamboanga del Sur Province



Status

Bayog Zambales Base Metals, Inc./ (Sibuguey Iron Project)


Pagadian Surigao Cons. Mining Co., Inc.

309,310.00 65.44 % Fe Under Research

Pulang Bato, Bayog, Sominot, Midsalip, Zamboanga del Sur/Buug, Zamboanga Sibuguey

Cebu Ore Mining and Mineral Resources Corp.

7,290 has. EXPA- 000046-IX; filed: April 12, 2004

In Process (under evaluation)

Canipay, Midsalip, Dalagan, Bayog & Dapara

Cebu Ore Mining and Mineral Resources Corp.

8,100 has. APSA-000101-IX; filed December 22, 2003

Under Evaluation

Lomponid, Midsalip

Victor J. Yu 162 has. APSA-000102-IX; filed January 23, 2004

Under Evaluation

Midsalip Geotechniques and Mines, Inc.

567 has. APSA-000104-IX; filed March 5, 2004

Under Evaluation

Gibalus, Midsalip, Mindanao Mining and 7,573 has. APSA-000105- Under Evaluation


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Bayog & Depore Mineral Resources Corp.

IX; filed March 8, 2004

Kumaralang/ Buug, Zamboanga Sibuguey

Rigid Aggregates Corporation

2,430 has. APSA-000107-IX; filed April 26, 2004

Under Evaluation

Region 12 Sarangani

Province



Status

Kiamba Hard Rock Mineral Trading, Inc.

40,000,000.00/ 7,938.00 has.

60.00 % Fe/ APSA-041-XII

Region 12 South Cotabato

Province



Status

Tupi

Sagittarius Mines, Inc./ (Cebuano Landayao Iron Project)

2,000,000.00/

54.41% Fe With inferred reserve; FTAA area of Sagittarius Mines, Inc.

Region XIII/ CARAGA

Surigao del Norte Province



Status

Surigao City/ (Ipil/ Malimono)

Pacific Cement Corporation

180,370.00 63.00 % Fe Producing

Surigao City/ (Taganaan)

Hinatuan Mining Corp. 64.00 has. MLC No. 000235-XIII

Under Research

Hinatuan Island, Tagana-an

Hinatuan Mining Corp. 1,230 has. APSA- 000028-X; date filed: Dec. 4, 1994

In Process

Dinagat Island Philnico Mining. & Ind’l Corp.

25,000.00 has. APSA-000004-XIII

In Process

Surigao City/ Hinatuan

Inter-Continental Mineral Resources, Inc.


*Taganito, Claver (Surigao Mineral Reservation)

Taganito Mining Corporation

3,278.84 has. OP-0001; date granted: Feb. 14, 1989

Iron in laterite as by-product of Nickel mining

*Cagdianao, Claver (Surigao Mineral Reservation)

Case Const. & Dev’t Corp.

4,376 has. 007-92-X (SMR); date granted: Feb. 14, 1992


Nonoc, Awasan & Hanigan (Surigao Mineral Reservation)

Philnico Mining & Industrial Corporation

25,000 has. 072-97-X (SMR); date granted: Aug. 7, 1997


Valencia, Cagdianao

East Coast Mineral Resources Company,

697.048 has. 078-97-XIII (SMR); date

Iron in laterite as by-product of Nickel


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(Surigao Mineral Reservation)

Inc. granted:Nov. 19, 1997

mining

*Cagdianao, Claver (Surigao Mineral Reservation)

Claver Mineral Development Corp.

433.98 has. 103-98-XIII (SMR); date granted: Feb. 23, 1998


Region XIII/ CARAGA

Surigao del Sur Province



Status

*Carrascal (Surigao Mineral Reservation)

CTP Construction & Mining Corp.

3,564 has 018-93-X (SMR); date granted: Jan. 11, 1993




321.40 has. 158-00-XIII (SMR); date granted: May 2, 2000




4,547.77 has. XIII-SMR-01-2000; date granted: Jan. 26, 2000


Carrascal, Cantilan Cebu-Yonasho Minerals trading, Inc.

4,352 has. APSA- 000005-XIII; date applied: June 20, 1997

In Process

Region XIII/ CARAGA

Agusan del Norte Province



Status

Jabonga Basiana Mining Exploration Corporation

572.64 has. APSA- 000014-XIII; date applied: July 31, 1997

In Process

*These areas are within the Surigao Iron Ore Reservation as reported by Mr. Dean F.

Frasche (1938) of USGS, which contains an estimated iron ore resource of approximately 1,000,000,000 MT @47.00% Fe.

Philippine Iron Production

Year Quantity (DMT) Value (PHP)

1934 13,302 1935 310,544 1936 596,256 1937 629,894 1938 896,495 1939 1,095,066 1940 1,027,193 1941 436,149 1942-47 21,983,022


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1948 18,289 21,983,022 1949 370,172 5,387,659 1950 599,095 7,633,494 1951 903,282 14,238,338 1952 1,170,350 21,983,022 1953 1,217,864 23,242,677 1954 1,424,898 24,878,184 1955 1,432,712 24,039,909 1956 1,440,232 23,201,119 1957 1,346,363 23,107,899 1958 1,098,732 19,498,822 1959 1,230,193 22,232,986 1960 1,138,770 20,706,298 1961 1,170,548 28,685,009 1962 1,386,959 43,301,501 1963 1,385,704 44,671,155 1964 1,366,922 41,009,741 1965 1,437,778 52,766,679 1967 1,477,751 56,208,647 1968 1,353,218 47,148,412 1969 1,561,466 53,684,299 1970 1,869,877 83,123,390 1971 2,250,100 102,141,080 1972 2,204,881 105,338,575 1973 2,254,556 111,197,174 1974 1,608,109 81,807,217 1975 1,351,446 90,676,929 1976 570,999 38,502,260 1977 - - 1978 1,747 270,375 1979 6,324 1,068,755 1980 - - 1981 5,746 969,419 1982 5,573 908,367 1983 2,640 520,000 1984 620 1985 390 1986 14,980 1,360,000 1987 - - 1988 - - 1989 6,520 280,000 1990 6,290 390,000 1991 7,303 474,865 1992 7,350 445,189 1993-present - -

Note: 1993 – Present no commercial iron production Pacific Cement reported iron production for its own consumption (Source : Mineral Economics, Information & Publication Division)


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MARKET The main bulk of the country’s iron and steel products is presently derived from imported semis and remelted scrap. Exports of black iron and steel sheets, tinplate, steel coils for re-rolling and others were accomplished in 1969 and 1970. BUYERS OF IRON FROM THE PHILIPPINES

NAME OF ADDRESS PRODUCT


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COMPANY/OWNER J & J Hardware/ Maristel Campo Gomez

879-881 Rizal Ave., corner D. Jose St., Sta. Cruz, Manila

Scrap Iron and Steel

AM-ASIA Cosultancy and Trading Inc. / Melissa Yvette Sebastian Cortez

Unit 4C Unioil Center Bldg. 1222 Acacia St. Cor. Commerce Ave., Madrigal Business Park Ayala, Alabang, 1780 Muntinlupa

Galvanized Iron Sheet Hvac Products Flexible Ducts

Arrive Travel Agency / Larry Lacanilao Villaverde

Unit 11, Cuneta Astrodome, Roxas Blvd. corner Derham St., Pasay City, Philippines

Iron, Sand

Sun Rise Trading Corp. / Arch. Sendoko Retulla

6545 E. Ramos St., Makati City, Philippines

Iron Ore

Sandra C.Respall

1708 Salcedo Village, Makati City 1227, Philippines

Scrap iron, iron ore, petroleum products, jet fuel,

crude oil, D2, urea, sugar


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Documents

01 Iron