Metals Exploration (@MTLexploration) header
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A gold production, exploration, and development company with assets in the Philippines and Nicaragua.

Philippines
Joined October 2021
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(1/2) Update from #MTL’s 100% owned Condor Gold in Nicaragua ⤵️ Condor recently welcomed leaders from 9 communities near La India for a site tour, providing an opportunity to share updates on the project’s progress and highlight the impact of our social investment initiatives
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(2/2) This reflects our commitment to transparency, open access to information, and stronger community relationships. At Condor Gold, we believe in keeping communities informed and working together to support local well-being and sustainable development
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#MTL Q3 2026 results: 💰 Gold revenue: US$57.7m 💸 FCF: US$34.5m ⏲️ Runruno LOM extended to end of January 2027 🏗️ Construction of La India 75% complete, continues to be funded by Runruno ⌛ La India first gold pour expected in Q1 2027 irtools.co.uk/42/story/ee46b…
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Update from #MTL’s 100% owned Condor Gold in Nicaragua ⤵️ Our team’s dedication, responsibility & commitment are evident in the work they do to advance the development of La India. Julio Cepeda, Superintendent of Supply Chains, shares what being part of the project means to him
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🏗️ (1/2) At the end of September, we released an update on La India development, as well as our interim results for H1 2026. Take a look at some of the construction highlights below ⤵️
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(2/2) Construction is progressing on site, with development of the project 74.4% complete as at 30 September, including the CIL tank ring fit-out which is complete, and the SAG mill components which are lifted into their final position
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Update from #MTL's 100% owned Condor Gold in Nicaragua ⤵️ At Condor Gold, the collaborative work of professionals from diverse disciplines drives the development of the La India Mine Project, combining capabilities and experience to move forward responsibly
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Update from #MTL's 100% owned Condor Gold in Nicaragua ⤵️ For Betty Vallejos, being part of Condor has meant growing, learning, and discovering that her work makes a difference in the day-to-day. Thank you for sharing your experience and for being part of the Condor Gold family
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(1/2) Darren Bowden, CEO of Metals Exploration, joined @CruxInvestor in Colorado Springs during the @DenGoldGroup's Mining Forum Americas, where he discussed recent progress and the outlook for La India. Watch the full interview below. #MTL ⤵️ youtube.com/watch?v=IWQodwRE…
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(2/2) Highlights include: 🟡 First gold pour targeted before year-end, followed by commissioning 🟡 FY27 production target of c.100koz from La India 🟡 Stockpiles expected to reach c.400-500kt by year-end 🟡 Results from La Grecia demonstrates upside opportunities
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Update from #MTL's 100% owned Condor Gold in Nicaragua ⤵️ At Condor Gold, we prioritise the health and well-being of our employees through a dedicated clinic, with timely care and a strong culture of prevention and healthy habits. Caring for our people is part of who we are.
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🗣️ (1/2) Our CEO, Darren Bowden, attended @DenGoldGroup's Mining Forum Americas 2026 conference this week, where he delivered a presentation outlining #MTL's strategic evolution and the development of our La India project in Nicaragua. Full presentation ⤵️ americas.miningforum.com/mem…
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(2/2) Darren discussed: 🏗️ Construction progress 📈 Our growth trajectory toward 145,000 ounces of annual production ⛏️ The long-term potential of our Philippine assets, and 🌎 Our continued focus on ESG and operational efficiency
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📊 #MTL announces its results for H1 2026: 🟡 Gold sales revenue of US$100.0m 🟡 Positive free cash flow of US$54.7m 🟡 Gold production of 21,451 ounces 🟡 Gold recoveries of 80.7% 🟡 La India construction is 74.4% complete as at today's date Full RNS ➡️ ow.ly/GKfm50ZSWWE
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(1/2) 📈 Gold experienced a strong start to 2026, with investors across the globe increasing their exposure to the precious metal. This was driven by: 🪙 Expectations around US interest rates 📉 A weaker US dollar 🌍 Ongoing geopolitical tensions 🗣️ Continued policy uncertainty
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(2/2) These conditions have reinforced gold's role as a safe-haven asset. For #MTL, a strong gold market provides a supportive backdrop as we continue to focus on advancing La India to first gold pour in December 2026, creating long-term value for shareholders
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(1/2) #MTL announces early, but promising results from its initial scout drill programme at La Grecia, 50km NW of La India. Assays returned high-grade gold intercepts including: 🟡 1.30m at 36.5g/t Au (incl. 0.7m at 67.4g/t Au) 🟡 1.90m at 6.03g/t Au (incl. 0.5m at 20.7g/t Au)
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(2/2) The remainder of the assay results of the programme are expected in October 2026, and a significant surface sampling and mapping programme has been initiated. A follow up drilling programme is planned to commence in Q1 2027. Full RNS ➡️ ow.ly/1O5L50ZS652
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(1/2) #MTL provides a financing and construction progress update for La India. First gold production remains on track for December 2026: 🟡 US$6.8m equipment loan balance drawn down on 23 September 🟡 Cash position at £25.8m following draw down Full RNS ➡️ ow.ly/1O5L50ZS652
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(2/2) 🟡 Process plant and mill installation continued to advance. Key components for the SAG mill have been lifted into position, and ball mill girth gear is being prepared for installation 🟡 CIL tank ring fit-out complete 🟡 Commenced lining of the Tailings Storage Facility
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