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Celsius Resources Secures Key Indigenous Consent
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Celsius Resources Secures Key Indigenous Consent

Celsius Resources Ltd. (AU:CLA) has released an update.

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Celsius Resources Ltd. has achieved a significant milestone with the Philippine National Commission on Indigenous Peoples granting a Certification Precondition for their MCB Copper-Gold Project, affirming the consent of local indigenous communities. This marks the first such certification for a Copper Gold project in the Philippines in five years, paving the way for the Company to secure funding and partnerships for the project. The MCB Project, located in the Cordillera Administrative Region, boasts an updated resource estimate of 338 million tonnes, promising a substantial copper and gold yield for the prospective 25-year mine life.

For further insights into AU:CLA stock, check out TipRanks’ Stock Analysis page.

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