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PNG Gold Provides Corporate Update

Investing News Network
May. 15, 2012 08:55AM PST
Gold Investing

PNG Gold Corporation (TSXV:PGK) announced new initiatives to ensure continued progress on its Papua New Guinea-based Imwauna gold property.

PNG Gold Corporation (TSXV:PGK) announced new initiatives to ensure continued progress on its Papua New Guinea-based Imwauna gold property.

As quoted in the press release:

PNG Gold is implementing the following initiatives:

1) Acquiring two new diamond drills capable of drilling up to depths of over 1000 metres.

2) Retrofitting the existing drills including new hydraulic systems that suit the engine’s capabilities, and mounting a diamond drill chuck, rotation and foot clamp assembly.

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

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