PNG Gold Corporation Provides Corporate and Exploration Update

PNG Gold Corporation (TSXV:PGK) announced an exploration update for the Imwauna Project as well as an update on corporate changes.

As quoted in the press release:

Diamond drilling was initiated on Normanby Island in January, 2011. The program has continued with two rigs during the intervening months and to the end of August, 2011, 6852 m have been completed in 44 drill holes. The holes have been designed to in-fill existing shallow drilling on a maximum 50 m grid spacing and to explore the vein system below the previous 100 to 150 m vertical depth of drilling.

Click here to read the PNG Gold Corporation (TSXV:PGK) press release.