TVI’s Philippine Affiliate Enters Final Permitting Phase at Balabag Project; Processing Plant Design Work Underway

CALGARY, Dec. 22, 2014 (Canada NewsWire via COMTEX) TSX: TVI OTCQX: TVIPF TVI Pacific Inc. (TSX:TVI) (OTCQX:TVIPF) ( TVI or the Company ) and TVI s Philippine affiliate, TVI Resource Development (Phils.), Inc. ( TVIRD ), are pleased to announce that TVIRD has entered the final phase of its permitting process at the Balabag Gold-Silver Project located in Zamboanga del Sur province, the Philippines. TVIRD is currently fulfilling the final requirements necessary for the approval of its Declaration of Mining Project Feasibility ( DMPF ) from the Philippines Department of Environment and Natural Resources ( DENR ) and will be submitting the information by the end of January 2015. Depending on the DENR s response time, TVIRD anticipates that the permitting process could be completed in the first quarter of 2015, after which on-site construction work will commence. We are very encouraged to be nearing the completion of the permitting process at Balabag, stated Clifford James, Chairman and CE
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