NATURAL RESOURCES 

            Mineral Resources  

The municipality is recorded to have deposit of gold, copper and chromite. However, except for copper, there is no record of any gold or chromites exploration claim with the Department of Environment and Natural Resources.

To date, there are six lode claims of copper in Canibongan lodged with the DENR office. The claim area is underline chiefly by volcanic flow composed mainly of basalt interbedded conglomerates of fine elastic sediments. The Zamboanga formation which consisted  of shale,  sandstones, conglomerate and limestone dated lower ciocene unformably overlie the volcanics. Isolated exposure of ultramatic in Barangay Saluyong and along Dohinob river are mostly serpentine and peredite.

Also, isolated bodies of limestone of the sedimentary formation occur along hill tops and ridge slopes within the claim area.

Ore minerals consist of chacopyrite, chalcosite, sphalorite and sometimes galona with pyrite occurring in significant quarts. Gangue minerals are mostly quarts, barite, culcite, epidote, soricite, chlorite and clay minerals. 

Trade and Industry        

At present, there are two hundred twenty  commercial establishments operating in the municipality. Aside from the market buildings in the poblacion, almost all barangays have their own market building. 

There is also a Rural Bank operating in the municipality. This is the only banking institution in the municipality. This bank offers  agricultural, commercial and industrial loans to their clientele.

The municipality is within the Dipolog-Katipunan-Roxas-Manukan  (DDKRM) corridor. But industrial activities in the municipality are mainly involved in the processing of agricultural products especially copras. 

The POMS Ventures Corporation, formerly the Southern Islands Oil Mill  is the major oil processing firms situated on an eleven (11) hectare lot. The copra is  being supplied  from the municipality and its neighboring municipalities and provinces and other cities like Tacloban, Cagayan De Oro, Davao and Baybay Leyte. The copra is utilized and processed into oil and copra pellets. 

There are also stevedoring services in  Nabilid  to service the transport of cargoes within the vicinity of the municipal wharf. An Agro-Industrial Center is present in the municipality located  in Irasan, Roxas, Zamboanga del Norte. 

There are also welding and vulcanizing shops, tailoring, bakeshops and other establishments involved in the processing of other indigenous natural resources. 

            TOURISM 

The Villaester Highland Spring Resort in  Barangay Salisig is the only  developed area for tourism.  Tulbong Falls in Barangay  Canibongan, Crystal Cave in Piñalan  are among the other areas that need to be developed for possible tourist attraction in the municipality. 

             INFRASTRUCTURE

             The LGU’s various existing farm-to-market roads are badly in need of repairs and Maintenance. The said roads are hardly passable, especially during rainy season. On the other hand, some of the existing heavy equipment are already dilapidated and are very old, service-life-wise. Thus, it often bogs down during operations and would often take weeks before it would ran again, delaying the lined-up projects. Also, the LGU’s heavy equipment are not adequate to rehabilitate nor construct the various existing and proposed farm to market roads of the municipality. With the present administration’s thrust towards agriculture, the LGU has prioritized the rehabilitation/construction of farm-to-market roads in order to help the farmers in the transportation of their products and in turn, materialize the administration’s goals. There is a need to mobilize resources for the procurement of additional heavy equipment.

·         mostly are damaged

                UTILITIES

The potable water supply in the poblacion and barangays Langatian, Piao and Nabilid  is from the  Municipal Water District which is a private institution. There are about 880 households using LWWA as source of water. All other barangays in the municipality are with developed spring. Deep well, shallow well and  open spring are among other  source of water in all other barangays.