Metals Exploration PLC. Stock Analysis MTL.L

Metals Exploration Plc engages in identifying, acquiring, exploring and developing mining and processing projects, mining companies, businesses, or opportunities. The principal activity of the Company is to identify, acquire, explore and develop mining and processing projects, mining companies, businesses or opportunities with particular emphasis on precious and base metals mining opportunities in the Philippines. The firm is focused on operating the Runruno gold and molybdenum mine 250 kilometers north of Manila in the mineral-rich Nueva Viscaya province. Its geographical segments include the United Kingdom, Philippines and Singapore. The company is the owner of the Runruno Gold Project located in the Northern Philippines. The project lies immediately downstream from the village of Runruno. Runruno is located approximately 205 kilometers (km) north of Manila in the mineral-rich province of Nueva Viscaya. The Runruno project comprises one granted Exploration Permit (EP-II-13). The Company’s subsidiaries include Metals Exploration Pte, FCF Minerals Corporation and MTL Philippines, Inc.