Nickel Asia : Annual Verification of the Mines and Geosciences Bureau
April 11, 2022 at 12:19 am EDT
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Nickel Asia CorporationNIKL
PSE Disclosure Form 17-14 - Annual Verification of the Mines and Geosciences Bureau Reference: Section 17.14 of the Revised Disclosure Rules
Subject of the Disclosure
Annual Verification by the Mines and Geosciences Bureau of Nickel Asia Corporation's Affiliates' Mining Claims
Description of the Disclosure
Annual Verification by the Mines and Geosciences Bureau of Nickel Asia Corporation's Affiliates' Mining Claims
List of valid and subsisting mining properties
1. MPSA No. 078-97-XIII in favor of East Coast Mineral Resources Company, Inc. (ECMRCI), with whom the affiliate of Nickel Asia Corporation (NAC), Cagdianao Mining Corporation, has an existing Operating Agreement with ECMRCI in relation to said MPSA;
2. MPSA No. 258-2007-II in favor of NAC's affiliate, Dinapigue Mining Corporation;
3. MPSA No. 012-92-VIII, located in Manicani Island, Guiuan, Eastern Samar, in favor of NAC's affiliate, Hinatuan Mining Corporation (HMC);
4. MPSA No. 246-2007-XIII in favor of NAC's affiliate, Hinatuan Mining Corporation;
5. MPSA No. 114-98-IV and MPSA No. 213-2005-IVB in favor of NAC's affiliate, Rio Tuba Nickel Mining Corporation;
6. MPSA No. 266-2008-XIII in favor of NAC's affiliate, Taganito Mining Corporation (TMC); and
7. MPSA No. 284-2009-XIII in favor of Kepha Mining Exploration Limited Company (KMELC), with whom TMC has an existing Operating Agreement with KMELC in relation to said MPSA.
List of valid mining claims/leases, including a disclosure of all liens/encumbrances
1. MPSA No. 078-97-XIII in favor of East Coast Mineral Resources Company, Inc. (ECMRCI), with whom the affiliate of Nickel Asia Corporation (NAC), Cagdianao Mining Corporation, has an existing Operating Agreement with ECMRCI in relation to said MPSA;
2. MPSA No. 258-2007-II in favor of NAC's affiliate, Dinapigue Mining Corporation;
3. MPSA No. 012-92-VIII, located in Manicani Island, Guiuan, Eastern Samar, in favor of NAC's affiliate, Hinatuan Mining Corporation (HMC);
4. MPSA No. 246-2007-XIII in favor of NAC's affiliate, HMC;
5. MPSA No. 114-98-IV and MPSA No. 213-2005-IVB in favor of NAC's affiliate, Rio Tuba Nickel Mining Corporation;
6. MPSA No. 266-2008-XIII in favor of NAC's affiliate, Taganito Mining Corporation (TMC); and
7. MPSA No. 284-2009-XIII in favor of Kepha Mining Exploration Limited Company (KMELC), with whom TMC has an existing Operating Agreement with KMELC in relation to said MPSA.
Other Relevant Information
Amended to include the Certification from Mines and Geosciences Bureau Regional Office No. VIII regarding MPSA No. 012-92-VIII, located in Manicani Island, Guiuan, Eastern Samar, in favor of NAC's affiliate, Hinatuan Mining Corporation.
Filed on behalf by:
Name
Maria Angela Villamor
Designation
Senior Vice President
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Nickel Asia Corporation published this content on 11 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 April 2022 04:18:09 UTC.
Nickel Asia Corporation is a producer of lateritic nickel ore. The Company is engaged in the business of mining of all kinds of ore, metals and minerals and in the business of generation, transmission, distribution and supply of electricity to cities and other localities and to the public in general. The Company's segments include mining, services and power. The mining segment is engaged in the mining and exploration of nickel saprolite and limonite ore and limestone. The services segment is engaged in the chartering out of Landing Craft Transport (LCT), construction and rendering of services to Coral Bay Nickel Corporation (CBNC), Taganito HPAL Nickel Corporation (THNC) and other parties and leasing of aircraft to World Aviation International Services Corporation. The power segment is engaged in power generation and exploration of geothermal resources. It is also engaged in investing in and holding of assets. It sells two types of limonite ore: high-iron, and low-grade.
NICKEL ASIA CORPORATION 
