Mineral exploration at Philippine Rise on track – MGB 100 SHARES Share it! Share TweetBy Madelaine B. MiraflorThe mineral exploration at Philippines Rise, which could be the next big source of huge revenues for the government, is on track, with Mines and Geosciences Bureau (MGB) recently completing the geological survey along the Bicol Shelf area. To complement the recently concluded geophysical survey at the Philippine Rise and Benham Bank, another team from the Marine Geological Survey Division (MGSD) of the MGB recently conducted geophysical and geological survey along the Bicol Shelf area. Grab benthic and beach sediment sampling were then conducted to provide understanding of the sedimentation and mineral content of sedimentary sequences in the seabed. Philippine Rise, formerly known as Benham Rise, is a seismically active submerged volcanic realm located east of Luzon Island near Cagayan Valley, Aurora and northern Bicol Region.

Source: Manila Bulletin September 17, 2018 13:52 UTC