Papuan Precious Metals Discovers New Gold-Copper Porphyry

Papuan Precious Metals Corp (TSXV:PAU) announced the results of the recent exploration program on the Metemana-Metekavil area within its New Hanover project in Papua New Guinea. A new copper/gold porphyry system has been identified in the Randei prospect area, and Papuan is currently awaiting the results of geochemical analysis.

As quoted in the press release, highlights included:

  • Gold-copper porphyry prospect identified by mapping and sampling over the 2km x 5km Randei prospect area and open to the coast.
  • 32 mineralized samples comprising both outcrop grab and 5m channel samples were collected.Copper mineralization in the form of covellite, chalcopyrite, bornite, chalcosite and malachite were observed in these samples.
  • 61 soil samples were collected over ridges and spurs at 50m spacing
  • Follow-up activity being considering includes a grid-based soil sampling program to define drill targets

Click here to read the Papuan Precious Metals Corp (TSXV:PAU) press release

Get the Latest Copper Investing Stock Information

Get the latest information about companies associated with Copper Investing delivered directly to your inbox.

Copper - Prospecting and Exploration
Copper - Resource Definition/Pre Feasibility
Copper - Resource Expansion/Feasibility Study/PEA
+ see more

Select All Select None

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

CUU logo_1 color black

Copper Fox Metals Inc.

In 2014 Copper Fox Metals Inc. (TSXV:CUU) added approximately 1.8 billion pounds of copper as well as 140,000 ounces of gold contained within the Inferred resource category to its metal holdings.

Connect with this company that’s on the move!

Learn More
Comments

Leave a Reply