whereas, - nadecor

Republic of the PhilippinesProvince of Compostela Valley

Municipality of PantukanBARANGAY OF BONGBONG

-000-

"EXCERPT FROM THE MINUTES OF THE SPECIAL SESSION OF THE BARANGAYCOUNCIL OF BONGBONG, PANTUKAN, COMPOSTELA VALLEY PROVINCE

HELD AT THE BARANGAY HALL ON MARCH 26, 2012 AT 8:00 O'CLOCKIN THE MORNING"

PRESENT:Hon. Omar B. Munoz

Hon. Andres S. Bangian Jr.Hon. Ebrahim M. PinuteHon. Sandigan M. LalongHon. Abdul Rasad L. SawatHon. Laurea L. CayonHon. Anton D. FiguroHon. Engracio M. Templaza Sr.Hon. aridel D. Licawan

Punong Barangay(Presiding Officer)

Barangay KagawadBarangay KagawadBarangay KagawadBarangay KagawadBarangay KagawadBarangay KagawadBarangay KagawadSK Chairman

OTHER PRESENT:Abbas F. Ranain Barangay Treasurer

RESOLUTION NO 09Series of 2012

A RIESOLUTION ENDORSING THE APPLICATION OF NATIONWIDEDEVELOPMENT CORPORATION (NADECOR), THE PROPONENT OF THEKINGKING COPPER AND GOLD PROJECT, FOR ITS DECLARATION OF MININGFEASIBILlTV (DMF) BEFORE THE DEPARTMENT OF ENVIRONMENTALMANAGEMENT BUREAU (EMS)

WHEREAS, a request for a resolution was addressed to the Barangay Captain,Hon. Omar B. Munoz was received last March 23, 2012 and presented to the council forapproval;

WHEREAS, NADECOR is a corporation duly organized and existing under andby virtue of the laws of the Philippines entered into partnership with the PhilippineGovernment to explore and develop a mine and was granted a Mineral ProductionSharing Agreement (MPSA No. 009-92-XI) a 1, 66 hectares mining tenement locatedin Brgys. Kingking, Magnaga, Tagdangua and Araibo, Municipality of Pantukan,Compostela Valley Province;

WHEREAS, after the conduct of exploration activities, certain areas of the MPSAhave the potential to be developed into commercial operations;

WHEREAS, NADECOR will be proposing a mining project in these areas and willsecure the necessary permits from the Philippine Government before it cancommercially operate;

NOW THEREFORE, after a thorough deliberation was made on the matter, on motionof Hon. Anton D. Figuro, Barangay Kagawad, unanimously seconded by all memberspresent, it was;

RESOL VED, as it is hereby resolved to pass a resolution endorsing the KingkingCopper and Gold Project of Nationwide Development Corporation;

RES LVED FINALL Y, to furnish copies of this resolution to the Office of theMayor, Office of the Provincial Governor, Department of Environment and NaturalResources (DENR)- Environmental Management Bureau (EBM) and the SangguniangBayan Members for their information and record;

APPR.OVED UNANIMOUSLY.

I HEREBY CERTIFY to the correctness of the above-quoted resolution.

SHE~.OCIALBarangay Secretary

APPROVED:

~~OMAR B. MUNOjBarangay Captain(Presiding Officer)