Ten Sixty Four Ltd - Company Profile
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Business Description
Ten Sixty Four Ltd (Ten Sixty Four) is a gold and silver mining company. It primarily focuses on exploration projects in the Philippines. The company’s activities include mineral exploration, evaluation, development, mining and production of gold, silver, and copper. Ten Sixty Four’s key prospects include Co-O Mine, Queensland exploration, and Philippines exploration, which include Royal Crowne Vein Prospect, Bananghilig Gold Deposit, Saugon Gold Deposit, and TSF #1 Tailings Project. Queensland exploration is 4,150 sq.km exploration land package in the southern Drummond Basin region of Central Queensland which includes Monteagle, Mt Wilkin, and Nivram. The Co-O Mine is the only operating project of the company, which is developed on a series of intermediate sulphidation, epithermal quartz veins. It operates a processing plant with single stage jaw crusher, SAG mill and conventional CIL circuit. The company extracts ore and waste extracted from the mine through the L8 production shaft and two inclined shafts, Baguio and Agsao. The company is also developing a E15 Service Shaft. As of December 2021, the Co-O mine has estimated resources of 1.87 Mt at an average grade of 5.50 gram per tonne (g/t) gold containing 0.33 million ounces (Moz) of gold. The company operates through three reportable segments Mining, Exploration, and Other. Mining involves mining and production of gold, silver, and copper. The company operates mainly in Australia, Philippines, and Hong Kong.
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