TVI Pacific Inc. announced completion of a third shipment of gold dor? from the Balabag gold and silver project (Balabag). TVIRD has confirmed completion of its third shipment of gold dor? from Balabag in the amount of 899 kg containing 875 ounces of Au and 27,556 ounces of Ag for 1,246 gold equivalent ounces.?This brings total shipped-to-date to 3,501 gold equivalent ounces and total gross proceeds generated thus far to USD 6.3 million since the first shipment was completed on September 30, 2021, with the current shipment having contributed USD 2.3 million in gross proceeds. Month-to-date, plant availability continues to average 85% with an average processing rate of 1,035 tpd as ongoing adjustments are being made to optimize the operation and to ramp-up throughput to 2,000 tpd.?Average recoveries also continue to be 91% for Au and 84% for Ag. Mining operations are now feeding the plant directly and it is expected the average grade of feed will increase as higher-grade mineralized resource is mined. The run of mine ("ROM") mineralized stockpile, in-pit stockpile and crushed mineralized stockpile currently contains an approximate 110,000 tonnes of mineralized material, much of which is low to marginal grade and has been mined to expose the higher-grade mineralized resource during waste stripping and bench forming. The stockpiles have an average grade of 1.3 g/t Au and 48.9 g/t Ag.?A total of twenty-eight (28) drillholes have thus far been completed in the previously announced Phase 5B drilling program for a total meterage of 3,897 meters. A total of thirty (30) drillholes are now planned in this program with one ongoing and one yet to be drilled with an estimated meterage of 4,200 meters.?The Phase 5B drilling program together with assays and reporting is currently expected to be completed in fourth quarter of 2021.