Metals Exploration

A gold production, exploration, and development company with assets in the Philippines and Nicaragua.

[Metals Exploration @MTLexploration]

💰 The full CAPEX budget of US$171 million for La India is expected to be funded by #MTL's FY2026 free cashflow generated by Runruno. However, to avoid any potential disruption to development, $MTL has arranged a US$30m gold pre-pay facility and is seeking a US$20m equipment loan

[Metals Exploration @MTLexploration]

✍️ #MTL has awarded contracts to several service providers to advance the development and construction of the La India project. First gold production is on track for December 2026 ⤵️

[Metals Exploration @MTLexploration]

Meet the Team 🤝 Max Denning, VP of Business Development & Investor Relations. Max has over 10 years' experience working in the mining industry as a consultant & director for companies in the UK, South America & Africa. He also co-founded and was previously CEO of Tungsten West

[Metals Exploration @MTLexploration]

🗣️ #MTL's CEO, Darren Bowden, delivered a presentation and Q&A via @InvestorMeetCo. Darren discussed the FY2025 results, recent developments and upcoming plans across the company's portfolio, and the potential for future acquisitions. Watch in full via ⤵️ https://t.co/m55BX1wezt

[Metals Exploration @MTLexploration]

MTL has released an updated Corporate Presentation for its FY2025 Results. The presentation is available on the company's website at ⤵️ https://t.co/LBUnH38dLk

[Metals Exploration @MTLexploration]

🗣️ #MTL is pleased to announce that CEO Darren Bowden will host a live presentation on the FY2025 results via the @InvestorMeetCo platform on Wednesday 27 May at 09:00 BST. Register to watch via ⤵️ https://t.co/ZivWE0xZw9

[Metals Exploration @MTLexploration]

(2/2) 🤝 Acquisition of Condor and La India project in Jan 2025
🏗️ Overall construction now 50% complete
📋 Strong progress made across management, permitting, construction & operational readiness
⌛ First production set for Dec 2026
⚒️ Over 16,000m of exploration drilling

[Metals Exploration @MTLexploration]

(1/2) #MTL announces its results for FY2025:

🟡 Record gold revenue of US$208.4m
💸 Record positive free cashflow of US$115.3m
💰 The company is debt free, with significant cash in the bank
⛏️ 65,287oz of gold produced from Runruno with 88.4% recovery

https://t.co/EyzhJ0Kzrt

[Metals Exploration @MTLexploration]

#FCFMinerals recently received the Partnership Excellence Award by the Department of Education of Nueva Vizcaya, highlighting FCF’s sustained support for education through its Social Development and Management Programme, and its commitment to UN Sustainable Development Goal 4

[Metals Exploration @MTLexploration]

(2/2) These include farm-to-market roads, bridges, buildings, agricultural facilities, water systems, irrigation canals, and improvement of health and education facilities among others, helping communities to grow, connect, and thrive

[Metals Exploration @MTLexploration]

🤝 (1/2) #MTL supports the development of our host and neighbouring communities with projects funded by our Social Development and Management Programme, targeting the construction of priority infrastructure

[Metals Exploration @MTLexploration]

📸 Take a look at photos from on-site at our Rio Luna prospect, part of the Nicaraguan suite of mining concessions acquired by #MTL in January 2025. The concession, covering an area of 43km² in the Central Highlands of Nicaragua, is comprised of 7 prospects ⤵️

[Metals Exploration @MTLexploration]

🏗️ Construction at our La India #gold project in #Nicaragua is accelerating ahead of schedule. First production is on track for Q4 2026, and development continues to build momentum.

Our CEO, Darren Bowden, shares further insights ⤵️

[Metals Exploration @MTLexploration]

(2/2) We also run water stewardship initiatives such as the Agua Fresca programme, delivering fresh water to local communities, and community clean-ups to promote environmental awareness. Just another example of how responsible mining practices can help to protect nature

[Metals Exploration @MTLexploration]

🌱 (1/2) At #MTL, biodiversity and environmental conservation efforts are central to our business model. Our programmes include tree planting, site rehabilitation, and recycling initiatives, designed to protect ecosystems and support the long-term sustainability of our operations

[Metals Exploration @MTLexploration]

(2/2) Recent results include:
🟡 La India South UG delivered the strongest intercept: 31.2m at 4.37 g/t Au, incl. 0.48m at 138.4 g/t Au
🟡 Phase 1 North open pit step outs extended mineralisation ≥30m
🟡 At Cacao, drilling defined a high grade ore shoot up to 12.7m @ 3.52 g/t Au

[Metals Exploration @MTLexploration]

(1/2) ⛏️ Since the acquisition of La India, over 15,600m of drilling has been completed, with two rigs currently operating across extensional and exploration targets. Recent exploration and step out drilling continues to deliver strong results ➡️ https://t.co/jHJdNK04ug

[Metals Exploration @MTLexploration]

#MTL announces its Q1 2026 results:
💰 US$52.9m gold revenue
💸 US$29.4m free cash flow
🏗️ Overall construction of La India 40% complete
⏲️ La India Construction progressing ahead of schedule
⌛️ First production at La India in December 2026
Announcement ➡️ https://t.co/JVfpdrlgWq

[Metals Exploration @MTLexploration]

👷 In January 2026, #FCFMinerals welcomed 22 members of the Municipal Local Government of Quezon to visit the Runruno Gold Project for a tour of the mine & #MTL's operations. It was a great opportunity to strengthen community engagement & show our commitment to responsible mining

[Metals Exploration @MTLexploration]

@ENATREL1 (3/3) The company's La India 34.5kV substation will connect to the ENATREL 138kV substation and serve as the primary interface between ENATREL and the processing plant, underground mining and site infrastructure, and incorporating 3 megawatts of back-up power generation

[Metals Exploration @MTLexploration]

(1/3) #MTL recently provided an update on power supply to La India, by reaching a collaborative agreement with @ENATREL1, Nicaragua's national electricity transmission company. ENATREL will construct a 138kv substation for US$6.2m compared to their turnkey proposal of US$12.4m

[Metals Exploration @MTLexploration]

@ENATREL1 (2/3) ENATREL will be responsible for engineering, design, equipment supply and commissioning of the substation and transmission line, with #MTL undertaking civil works and electromechanical assembly