Bull Run15 Aug 2025 16:15
Metals Exploration (MTL), a gold production, exploration, and development company with assets in the Philippines and Nicaragua, announced that it has been granted an exploration licence over the Dupax project area in Northern Luzon, Philippines (Figure 1), where it has commenced an Induced Polarisation ground geophysics survey and will shortly commence a 2,500 metre drill programme. MTL said “With the grant of EP-000168, we now control 10km of contiguous tenure only 20km south of the Runruno Operation. It is exciting to have commenced IP surveying and drilling programmes over the strong rock chip and trenching anomalies we delineated at the Dupax VMS Project.”
Comment: 2025 continues to be a golden year for MTL, something showcased by the acquisition of Condor Gold, and by the momentum newsflow such as today underlines. The shares appear to be in a relentless bull run.
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