
The Masbate Consolidated Mining Pre-War Token NoteIn the year 1380, different people from the mainland Asia migrated to the Philippines, mainly in search of gold. Various sites including Paracale, Surigao, Mountain Province, and Masbate were already famous for their gold deposits.During the arrival of the Americans in the early 1900, one of the initial projects of the American government was to mine and extract mineral resources from the newly acquired territory. As early as 1909, blasting and clearing already commenced in the island of Masbate towards its jungle and mountainside for the establishment of a mine.Masbate Consolidated Gold Mine...