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Various species of fish including the presence of some turtles, lobsters, and other marine life are now observed thriving in the Marine Protected Area (MPA) of Colorada Point, Barangay Tigbao in Aroroy, Masbate where Phil Gold Processing & Refining Corporation has deployed 2,203 reef balls and planted 29,273 coral fragments.

In partnership with the Local Government of the Municipality of Aroroy, Masbate, Phil Gold started the project in 2017 to rehabilitate the coral reefs that were destroyed due to dynamite fishing in the area and other illegal fishing activities.

A reef ball is an artificial reef designed to mimic the function of a natural reef, with holes that create whirlpools around it. It is placed there to restore ailing or destroyed coral reefs and to make new fishing and scuba diving sites.

The restoration of the reef is critical for the long term sustainability of the marine ecosystem and the future of the local fishermen. With the new technology, fish and marine life has abound from the initial reefballs planted in 2017, there is now a total 2,203 reef balls and planted along with 29,273 coral fragments.

These are made of a special, marine-friendly concrete and used around the world to create habitats for fish and other marine and freshwater species. Reef balls are made in many sizes to best match the natural reef type.

It was developed by US-based Reef Ball Foundation, a publicly supported non-profit and international environmental NGO whose mission is to rehabilitate the world’s ocean reef ecosystems, to restore ailing or destroyed coral reefs and create new fishing and scuba diving sites.

The restoration of the reef is critical for the long term sustainability of the marine ecosystem and the future of the local fishermen. With the new technology, fish and marine life has abound from the initial reefballs planted in 2017, there is now a total 2,203 reef balls and planted along with 29,273 coral fragments.

The Colorada Point was declared a marine protected area with Phil Gold as its main driver. The firm has been continuously expanding the mangroves planting program to provide additional livelihood to the coastal community of Port Barrera.

Phil Gold has also hired the local fishermen in the community to become wardens of the MPA and assistants for coral planting and propagation works. Goat dispersal project was also implemented as part of the livelihood program support to the fisherfolks organization in the area.

Phil Gold, wholly owned by Vancouver-based gold producer B2Gold, operates the processing plant in the Masbate Gold Project, which began operations in 2007 with the first gold pouring in 2009. The $250-million project is the single biggest investment in Masbate and is now one of the largest operating gold projects in the country.