AUSTRALIAN miner OceanaGold Corp. announced Wednesday it has received a five-year extension to the period of its mining contract, paving the way to conduct exploration activities in the broader region surrounding Didipio, Nueva Vizcaya, part of the Philippines’ Cagayan Valley in Luzon.

Mick Wilkes, OceanaGold president and CEO, said the Mines and Geosciences Bureau (MGB) has granted the renewal of the company’s Financial or Technical Assistance Agreement (FTAA) in the Philippines exploration permit.

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