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PNG Gold Corporation
PNG Gold Corporation ("PNG Gold") is a well-funded, sustainable exploration company with an advanced stage drilling program in Papua New Guinea. PNG Gold holds a 100% interest¹ in EL 1091 Normanby and EL 1069 Sehulea properties on Normanby Island, Milne Bay Province, Papua New Guinea. The exploration license 1091 consists of flagship prospect, Imwauna, along with numerous other prospects, including Kelas. The Imwauna gold deposit is a high grade, near surface, low sulfidation, epithermal vein gold system.
PNG Gold's mission is to become the premier exploration and development mining company in Papua New Guinea.
Project Highlight
• EL 1091 NORMANBY - 68 km2 project including prospects flagship prospect Imwauna, neighboring prospect, Kelas, in addition to untested prospects, Wahola, Dimwadimwala, Ebessowa, Mwatebu, Knob, and Salupa Awa
• EL 1069 SEHULEA - 30.5 km2 project including untested prospects Wenasia and Gwamogwamo
• Favorable infrastructure -- new 100+ person camp, logistics base in Alotau, manageable site access
• Potential for open-pit and underground development
• OVER 260 HOLES DRILLED AT IMWAUNA AND KELAS TO DATE:
○ Historic: 219 holes, 29,049m
○ FY 2012: 45 holes, 10,894m (majority completed in Q4 2012 under new management)
• Company-owned diamond drills actively drilling on site (4 new drills acquired Q4 2012 to Q1 2013)
○ Capacity to drill NQ core ~1,000m+/HQ core ~700m
○ Planned ~4,000m/month drill rate
○ Projected 2013 drill cost to be reduced by half of last year's contracted rate2
Contact Us
Suite 800 - 570 Granville Street, Vancouver, BC, V6C 3P1
Phone: (604) 669 4899
Phone: 1 866 685 8501 (toll free in Canada and the United States)
Fax: (604) 685 2345
Office Manager
Jenn Miller
Phone: (604) 669-4899
Email: miller@pnggold.com
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