10:08 AM EST - TVI Pacific Inc. : provides an update on the progress at its Balabag gold-silver project. As of June 30, 2011, 39 holes have been completed and assayed since the last update on March 31, 2011; 19 of the 39 holes drilled show significant mineralization; and seven of the 39 holes were drilled for sterilization purposes, over locations proposed for mine infrastructure, where mineralization was not anticipated. Since June 30, seven additional holes have been completed with assays pending and another five holes are currently underway. TVI Pacific Inc.
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