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GREEN MINING PROJECT

Building a Better Future from the Ground Up

​The Paracale Gold Corporation Green Mining project is located in Camarines, Philippines, within one of the most prolific gold-producing areas globally. The property and concession have been owned and operated since 1931 by the Inocalla Family,​

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  • Type: Small Scale Mining

  • Size: 250 hectares with 5 identified gold veins

  • Objective: Implement sustainable mining techniques to extract gold in an environmentally friendly manner while ensuring worker safety.

Sustainable mining initiatives ( Small Scale Mining)

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  1. Mercury-Free Mining Techniques:

    • Initiative: Training and investment in gold extraction methods that do not use mercury, such as gravity concentration techniques or direct smelting.

  2. Community-Based Environmental Monitoring:

    • Initiative: Empowering local communities with the knowledge and tools to monitor the environmental impact of mining activities, ensuring that miners comply with environmental standards.

  3. Mine Reclamation and Closure Planning:

    • Initiative: Requiring small-scale miners to develop and follow a mine closure plan that includes land rehabilitation and reforestation after mining has ceased.

  4. Eco-friendly Equipment and Techniques:

    • Initiative: Promoting or subsidizing the use of efficient, low-impact mining equipment and techniques. This can include solar-powered machinery or improved sluice box designs that increase gold recovery rates and reduce sediment runoff.

  5. Education and Sustainable Mining Practices Training:

    • Initiative: Offering education and training for small-scale miners on sustainable mining practices, focusing on reducing environmental impacts and improving safety and efficiency.

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These initiatives can help small-scale miners to operate more sustainably, promoting environmental stewardship while still providing livelihoods for local communities.

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  NI43-101 Mineral Resource Exploration Report 2022. 

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  • An NI 43101 Target Exploration Mineral Resource Report estimate of 937,500 tons grading 15 grams per ton (g/t Au).

  • At a 20% dilution during mining milling, this equals 361,695 ounces of Gold. (US$651,051,00.00 at US1800/oz Au)

  • A Small Scale Mining Permit (SSMP) of 20 tons per day batch by type grinding and gold CIP plant also owned by the Inocalla family.

  • An assumed production cost of 50% of the value of

  • US$651,051,00.00, the mine could generate at present reserve estimates of US$325,525,500.00 for the life of the mine.

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