 |
 |
 |
 |
 |
 |
|
Geographic Coordinates
North Latitude 16° 52'
East Longitude 120° 47'
250 aerial kilometers north of Manila,
Philippines or
95 road kilometers north of Baguio City,
Philippines
|
|
Topography
Rugged terrain with elevation reaching to about 1000-1500 meters
|
|
Climate
Wet season (May to October)
Dry season (November to April)
Precipitation 340 cm/yr
Temperature 18° C (ave)
|
|
|
|
|
|
|
|
 |
|
|
|
|
 |
|
|
SHIPSIDE, INC.
Based in San Fernando, La Union, Shipside is a wholly-owned subsidiary of Lepanto organized in 1958 for the following purposes:
- To engage in handling bulk materials, products and supplies;
- To maintain and operate terminal facilities, terminal warehousing, terminal ways, terminal stations, terminal factory and show room facilities;
- To engage in the operation, repair, maintenance and overhauling of trucks, heavy equipment and all types of motor vehicles;
- To engage in the general lumber business and to operate sawmills;
- To engage in the manufacture of hollow blocks, cement products, wooden cases, container boards and crates for the packing of commodities;
- To engage in the business of exploration, development, processing and marketing of minerals either by acquisition, joint venture of operating agreements with the holders of existing mining rights;
- To engage in the business of operating a restaurant/resort.
Shipside has a capital base of P100 million and a paid-up capital of P36.3 million.
It can be reached at this web address: http://www.shipsideinc.com/
LEPANTO INVESTMENT AND DEVELOPMENT CORPORATION (LIDC)
LIDC was organized as a wholly-owned subsidiary in April 1969; it has an authorized capital stock of P50 million and a paid-up capital of P42 million.
It is engaged in the insurance business.
As Lepanto's investment arm, it owns 31% of Philippine Fire and Marine Insurance Corporation and 80% of Diamant Boart Philippines, Inc.
The former is engaged in non-life insurance while the latter is engaged in the manufacture of industrial diamond tools for mining exploration, marble cutting and the construction business.
Web address of Diamant Boart is http://www.diamantphil.com/.
DIAMOND DRILLING CORPORATION OF THE PHILIPPINES (DDCP)
DDCP was established in July 1971 as a wholly-owned subsidiary to handle Lepanto's diamond drilling requirements.
DDCP has drilling contracts with several mining companies in the Philippines.
It is capitalized at P20 million with a paid-up capital of 12 million.
FAR SOUTHEAST GOLD RESOURCES, INC. (FSGRI)
FSGRI was incorporated in July 1989 to engage in the mining business.
FSGRI holds an MPSA over close to a thousand hectares of mineral land in Makayan, Benguet.
Authorized capital stock of the Company is P1 billion with a paid-up capital of P435 million.
Lepanto owns 60% of FSGRI's share capital.
|
|
|
|
|
|
|
