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The Mankayan Project, Philippines The deposit is principally hosted by a 900m long by 400m wide north-south striking intrusive stock complex composed largely of quartz diorite porphyry. The igneous rocks have intruded a thick sequence of andesitic volcanics and a basement of biotitequartz schists and mafic flows. The size, grade and mineralogy of the Guinaoang deposit are typical of porphyry copper deposits. From October 2011 to January 2014, the Mankayan Project was held under option by Gold Fields Netherlands Services BV for a total exercise price of US$70m (of which US$9.5m was received by the Company by way of initial non-refundable option payments). The option ultimately lapsed, as Gold Fields began new operations in Australia, and all exploration data, including the results of the high-grade BR 60 drill hole completed by Gold Field during the option period, was transferred to Bezant.
Sealand Capital Galaxy Limited (LSE: SCGL) is engaged in the investment and acquisition of IT and social media businesses in the APAC region with high growth potential. The Company's Shares are traded on the Official List of the London Stock Exchange's main market for listed securities under the ticker SCGL. Further information on Sealand is available on its website http://www.scg-ltd.com/
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