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PACIFIC NIUGINI LTD

ASX: PNR

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Pacific Niuigini Limited is an Australian-based mineral exploration company with projects in Western Australia and Papua New Guinea.

Halls Creek Project - WA

Halls Creek Project (acquired from Bulletin Resources - ASX:BNR, "Bulletin") consists of the Lamboo (or Nicolsons) Project, located approximately 35 km south west of Halls Creek, and the Golden Crown Project located near Halls Creek in the Kimberley, Region of Western Australia. The highly prospective area remains largely under-explored with minimal drill testing of targets outside of the existing resources.

Bulletin has advised a JORC 2004 resource of 1.768 Million tonnes @ 5.2 g/t for a total of 294,000 ounces. The resource in the immediate vicinity of the existing Nicolsons open pit is 1.127 million tonnes @ 5.9 g/t for 214,000 ounces (Refer Bulletin Resources December 2013 Quarterly Report). Pacific Niugini is yet to re-estimate the resource.

Bulolo Gold Project EL1616 - Morobe Province PNG

The Bulolo Project covers most parts of the Bulolo Valley, approximately 75km southwest of Lae. The tenement areas cover the core of the Morobe Goldfields mineral district, and include most of the historical gold mining town of Bulolo and further extends outwards into the gold prospective mountains and valleys. The tenement covers the best historically productive Bulolo gravel flats and un-mined gravels.

ML457 Widubosh (50% PNR) - PNG

Pacific Niugini advised the results of bulk sampling programs at Widubosh in the June and December 2012 quarterly reports. The test work completed to date has identified a relatively large zone of potentially economic gold bearing gravels.

Mine For

gold

Location of operation(s)

Papua New Guinea, Western Australia

Address

Level 3, 18-32 Parliament Place
WEST PERTH, WA, Australia

Phone

+61 (8) 9215 6005

Email

Website


Last Updated

26/3/2015

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.