Philippine Metals Inc. is a mineral exploration-stage company. The principal business activity of the Company is the exploration of its exploration and evaluation assets. The properties, in which the Company has an interest, are located in Mexico and the Philippines. The Company has Cuatro Cienegas Project in Mexico. The Company has interests in certain mining tenements/tenement applications in the Philippines, namely the Taurus, Malitao and Dilong properties. The Company's subsidiaries include Philippine Metals Corp., Philippine Metals (Guernsey) Limited, Volcano Metals (Guernsey) Limited, Pacific Metals Canada Philippines Inc. and Coronado S.A. de C.V. The Company has not generated any revenues.