Diamond Drilling Corporation of the Philippines

Diamond Drilling Corporation of the Philippines (DDCP) is a wholly-owned subsidiary of Lepanto Consolidated Mining Company. Established in 1971, DDCP is a pioneer provider of mineral exploration drilling services in the country. DDCP primary handles surface and underground drilling requirements of its mother company, LCMC in Benguet, and its sister company, Manila Mining Corporation in Surigao del Norte. The company has also provided exploration and drilling services in various projects for other companies such as Far Southeast Gold Resources and MRL Gold Philippines. Specialized drilling services has also been provided to the geothermal energy sector with the completion of three geothermal slim holes for the Department of Energy and Basic Energy Corporation. Several completed contracts for mining, water well, geotechnical and geothermal drilling with approximately one million meters drilled over a span of 47 years is proof of the company’s success and resiliency. DDCP intends to expand its operations this year to meet the drilling and exploration requirements of other industries.