Omico Corporation is a Philippines-based company primarily engaged in mining exploration and property development. The mining exploration segment is engaged in the exploration activities of mine site while the property development segment is engaged in the marketing and sale of real estate and evaluation of future development of other real estate properties. The Company holds a mining agreement with Macawiwili Gold Mining and Development Company (Macawiwili) to operate and mine on the 119 claim blocks owned by Macawiwili. The mining claims collectively cover an area of 837 hectares. The Omico-Macawiwili Itogon Gold Project lies within the Baguio gold district, in the municipality of Itogon, Benguet. The property is prospective for both low-sulfidation epithermal vein gold mineralization and underlying porphyry Cu-Au mineralization. The Company is licensed to operate, prospect, mine and deal with all kinds of ores, metals and minerals.