TVI Pacific Inc. Issues Correction for Agata North Resource Estimate
TSX: TVI OTCQX: TVIPF
CALGARY, April 12, 2013 /CNW/ – TVI Pacific Inc. (TSX:TVI) (OTCQX:TVIPF)
(“TVI” or the “Company”) is issuing a correction with respect to the
Company’s April 10, 2013 news release (disseminated at 7:30 a.m.
eastern time), which was entitled “TVI Pacific Inc. Reports New
Resource Estimate for Agata North”.
The news release incorrectly stated (in the third bullet point appearing
under the second paragraph) that estimated contained nickel is 39.1
million tonnes; the correct figure is 391 thousand tonnes.
The resource estimate referred to in the preceding paragraph is derived
from an independent technical report, entitled “Independent Report on
the Nickel Laterite Resource – Agata North, Philippines”, prepared for
TVI Resource Development Phils. Inc (TVIRD), TVI’s Philippine
affiliate, by Mark G. Gifford, MSc (Hons), a Fellow of the Australian Institute of Mining and Metallurgy, of
Margaret River, Western Australia. The technical report is available
on SEDAR at (www.sedar.com) and on TVI’s website at (www.tvipacific.com).
About TVI Pacific Inc. (TSX: TVI) (OTCQX: TVIPF)
TVI Pacific Inc. is a Canadian resource company focused on the
production, development, exploration and acquisition of resource
projects in the Philippines and Southeast Asia. The Company produces
copper and zinc concentrates from its Canatuan mine and is advancing
its Balabag Gold-Silver project. TVI is a participant/operator in
several joint venture projects in the Philippines and Papua New Guinea
and also has an interest in an offshore Philippine oil property.
Yulo Perez, Chief Operations Officer, TVIRD, a qualified person as
defined by NI 43-101, has approved the scientific and the technical
information contained within this press release.
The Toronto Stock Exchange has neither approved nor disapproved of the
information contained herein.
SOURCE TVI Pacific Inc.