A new gold focused listing with three projects in the highly productive Papua New Guinea Metallogenic Belt in the Pacific “Rim of Fire”.
2,300 km mineralised corridor regarded as one of the most productive and still prospective, gold/copper metallogenic provinces in the world.
Major discoveries and operating mines for a total combined resource exceeding 180 Moz Au.
Tolukuma Gold Mine
Historical producer with large exploration potential
A historical, high grade gold/silver mine.
Production approaching 1 million oz Gold and 2.4 million oz Silver (with significant, although undefined copper prospectivity).
Short term exploration upside.
Historical resource with significant upside on strike and to depth.
Tolukuma Regional Exploration
Massive resource potential
Six highly prospective Exploration Licenses on the Tolukuma, Kimono and Saki structures adjacent to Tolukuma Gold Mine.
Potential for a Kora (K 92) type discovery on a number of identified associated mineralised structures.
A dominant landholding of approx 1,800 km2 of exploration licenses across the prospective Tolukuma structures.
Mt. Penck gold/copper exploration license
Well defined gold/copper exploration project on New Britain Island, Papua New Guinea.
Significant high grade gold and copper exploration targets already identified.
Simple logistics with good road and sea access.
Large, approx 200 km2 exploration license.
Tolukuma Gold Mine
The engine of the business
The Tolukuma Gold Mine project (TGM) is located in the Goilala District of Central Province of Papua New Guinea, about 100 km north of the capital city Port Moresby. The Project consists of a mining lease, six granted exploration…
A dominant landholding on the high potential Tolukuma epithermal structure.
The Mt Penck project is an epithermal gold-silver project, comprising a single exploration licence, EL 2662, located in West New Britain Province, Papua New Guinea (PNG). The Property is located adjacent to the north coast of New Britain and is readily accessible by road or boat from the town of Kimbe, located 55 km to the east. Kimbe…