Vast gold deposit inside military reservation? Published: July 14, - TopicsExpress

Vast gold deposit inside military reservation? Published: July 14, 2013 FORT MAGSAYSAY, Nueva Ecija – A top Philippine Army General said yesterday that Fort Ramon Magsaysay Military Reservation (FMMR) has vast gold deposits worth up to P80 billion that can be tapped anytime by the government for the military modernization program. Maj. Gen. Gregorio Pio Catapang Jr., newly designated commander of the Northern Luzon Command (Nolcom), said a number of experts have already proven the volume of gold deposits and minerals inside the mountainous parts of FMMR in Nueva Ecija. “We are now guarding the area to prevent large scale miners from illegally retrieving the gold mines worth billions of pesos that belong to the government,” Catapang told this reporter. The three-star Army general said the government can now initiate a move to retrieve the gold deposits by tapping the services of mining experts, Catapang said, adding that three big groups had already relayed their findings (of gold deposits) inside the FMMR. FMMR was created by virtue of Presidential Proclamation No. 237 signed in 1955 with a total land area of 44,970 hectares. It is composed of the Cantonment area, Training Circuit, Kalinga sa Kawal off-based housing for military personnel, Jathropa Plantation, National Training Center (Balikatan area), and the Libingan ng mga Bayani. He said he will immediately discuss the matter to his immediate boss in the Department of National Defense “so the government can utilize it (rich mining deposit) for our military modernization program. Magiging military super power tayo kapag nagamit natin ’tong kayamanan na ito at ’di a tayo tatakut-takutin pa ng katabi nating bansa na umaagaw sa ating isla,” Catapang said. He said the government will spend nothing on the proposed mining operations since it can tap a group of miners who are only after royalty. The NOLCOM chief said he will propose the contracting of experts to President Aquino and Defense Secretary Voltaire Gazmin to extract the gold and mineral deposits inside FMMR. mb.ph/News/Main_News/22090/Vast_gold_deposit_inside_military_reservation#.UeNh3W1FFTI --------------------------------------------------------------------------------- Hitman