Exploration & Seismic

Searcher completes Airborne Geophysical Survey in Papua New Guinea

SEARCHER Seismic has announced the completion of the regional multi-client airborne gravity, gravity-gradiometry and magnetics survey covering the transition zone of the Gulf of Papua. The Roho Airborne Gravity, Gravity-Gradiometry and Magnetic Survey covers approximately 60,700 square kilometres (~52,700line km) along the southern coast of PNG. The survey compliments several marine seismic and geochemical projects recently completed by Searcher aimed at assessing the hydrocarbon potential of the Gulf of Papua

Woodmac says oil and gas exploration’s back in the black – and keen to stay there

AFTER a difficult few years, the exploration sector is back in the black – and keen to stay there. New studies from international industry anlysts Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this year. “We are seeing a long-overdue recovery in the sector. Last year conventional exploration returns hit 13% – the highest calculated in more than a decade. As 2018’s

Gold Mountain getting closer to key target at Wabag project

PNG minerals explorer Gold Mountain Limited believes it is on target to find the main mineralised zone at its new K-Lam copper prospect at Mongae Creek in the PNG Highlands. The company said assay results from its latest drill hole (MCD002) and results of its reconnaissance exploration programme of the newly discovered K-Lam prospect within its flagship Wabag project area have shown an improvement in grade on previous resuls. Assay

Frontier says Bulago and Muller Range Warden’s Hearing a success

FRONTIER Resources Limited has announced that the Warden’s Court Hearing for exploration licences EL-1595 (Bulago) and EL-2356 (Muller Range) in the Southern Highlands Province was very successful. The Warden’s Court Hearings to consult with landowners are part of the normal tenement renewal process which will now proceed to the Mining Advisory Council for their recommendation to the Minister for Mining. Frontier said informal discussions with landowner groups were initially held

Kingston says high-grade auger results highlight potential at Misima North

MISIMA Island minerals explorer Kingston Resources Limited has unvielled a new high-grade gold opportunity in its ongoing regional exploration campaign. The company’s auger programme, undertaken over the Ara Creek prospect, has defined a gold anomaly more than 400m long and open along strike, with individual auger samples assaying up to 4.18g/t Au. Kingston said its field team has also identified and surveyed five historic underground adits within the prospect area,

K92 reports multiple high-grade drill results in Kora North extension area

KAINANTU area miner K92 Mining Inc. has released further promising results from its continuing diamond drilling programme at the Kora North Extension. Results from Hole KMDD0098 recorded multiple intersections including 4.54 m at 58.63 g/t Au, 6 g/t Ag and 0.63% Cu (59.63 g/t AuEq) plus 7.70 m at 8.81 g/t Au, 63 g/t Ag and 0.58% Cu (10.49 g/t AuEq) plus 1.92 m at 3.74 g/t Au, 17 g/t Ag

High Arctic and Oil Search reach agreement on rig operations

CANADA’S High Arctic Energy Services has announced that it has agreed to terms with Oil Search Limited for a three year contract renewal for its primary contracts in Papua New Guinea covering the Drilling Rigs 103 and 104 and the drilling support services related to the supply of personnel and rental equipment to support the related drilling operations. The renewal is effective from August 1, 2018 for a three year

Santos says Barikewa significant new natural gas resource in PNG

SANTOS has described the Barikewa field as a significant PNG gas find after the Barikewa-3 well intersected 25 metres of net gas pay within the Toro and Hedinia reservoir objectives. Santos managing director and CEO Kevin Gallagher said the Barikewa-3 result is encouraging and confirms that there are significant natural gas resources close to PNG LNG infrastructure still to be developed. “Barikewa is located approximately 10 kilometres from the PNG

Geopacific reports high grade gold and copper anomalies in Woodlark soil sampling

GEOPACIFIC Resources Ltd reports that first results from the island- wide sampling programme at the Woodlark Gold Project have returned encouraging results in the Eastern Region as well as adjacent to the Woodlark King deposit, with several high-grade anomalies identified. The company said the results will assist in advancing the existing 1.57Moz Au Resource towards Geopacific’s exploration target which has a range of 53.3Mt @ 2g/t Au to 105 Mt@

K92 announces updated resource for Kora North

K92 Mining Inc. has announced that an updated resource has been estimated in Kora North based on results from underground grade control and exploration diamond drilling and face sampling. The updated resource comprises a Measured Resource of 242,900 tonnes @ 13.9 g/t Au, 19 g/t Ag and 1.0% Cu; an Indicated Resource of 442,800 tonnes @ 11.8 g/t Au, 21 g/t Ag and 1.2% Cu and an Inferred Resources of