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New Guinea Gold Reports Additional Drill Results From Coppermoly Nakru-2 Copper Intersection
Oct. 25, 2010 02:02PM PST
Base Metals Investing
New Guinea Gold Corporation’s (TSX VENTURE:NGG) reports that it’s associate company Coppermoly Ltd announced on October 25, 2010, that in its first diamond drill hole at Nakru-2, had intersected 34.2m at 1.07% copper and 0.23g/t gold between 141m and 175.2m downhole.
New Guinea Gold Corporation’s (TSXV:NGG) reports that it’s associate company Coppermoly Ltd announced on October 25, 2010, that in its first diamond drill hole at Nakru-2, had intersected 34.2m at 1.07% copper and 0.23g/t gold between 141m and 175.2m downhole.
The press release is quoted as saying:
New Guinea Gold has a 15% interest in Coppermoly (20,973,684 shares). Current market value is CAD$3.49 million.
Click here to access the entire press release