September 23, 2008 Mincorp announced it has lost the case in Supreme Court of Philippines for the right to file their application for mining rights with the Mining and Geoscience Bureau
November 9, 2006 The wholly-owned subsidiary of Mincorp Asia, Bonaventure Mining Corporation, advised Mincorp Plc about the current status of the litigation relating to its Exploration Permit Application. Title to the area is subject to an ongoing dispute with another Philippine corporation, V.I.L. Mines, Inc. The Mines Adjudication Board initially dismissed the claim by V.I.L. Mines, Inc. and also its Motion for Reconsideration. Following this, the dispute was elevated to the Court of Appeals. In an unexpected decision, the Court of Appeals has now found in favour of the adverse party. BMC has notified its intention to dispute the decision in the Philippine Supreme
Court. As the appeal to the Supreme Court will delay the issuance of the Exploration Permit, BMC has decided to stop any further exploration expenditure on the property for the time being. Nevertheless, BMC will pursue the Exploration Permit Application with the DENR.
December 23, 2005 Reported that a pitting and boring program will commence to confirm the tonnage and grade of the deposit. Most of the requirements necessary for the issue of the permit have been completed. The last major step was a memorandum of agreement with a small group of indigenous people living on the exploration permit area. This has now been signed.
The last work carried out on the prospect was in 1970 when 103 pits were sunk on the weathered laterite layer. In 1971, geologists and mining engineers from the Philippine Bureau of Mines carried out a detailed survey of the completed pitting program. They calculated the resource as approximately 83 Mt of nickel bearing laterite.