Exploration & Seismic
K92 Mining Inc. is pleased to announce results from the updated resource estimate completed on the Kora deposit and the maiden resource for the Judd deposit, at its producing Kainantu Gold Mine in Papua New Guinea. The resource estimate is based on surface and underground exploration diamond drilling and underground face sampling. The focus of exploration at Kora since the previous resource estimate from April 2020 was on upgrading Inferred Resources
K92 Mining Inc. has reported a 180% increase in its updated resource estimate on the Kora deposit, at its producing Kainantu Gold Mine in Papua New Guinea. The resource estimate is based on surface and underground exploration diamond drilling and underground face sampling (grade control). The Kora eeposit Mineral Resource Estimate highlights include: Measured and Indicated Resource of 1.1 million ounces at 10.45 g/t gold equivalent (“AuEq”) representing a +180%
KINGSTON Resources Limited (ASX: KSN) has reported significant new high-grade assay results from recent channel samples taken in trenches excavated near the boundary of the existing Resource at the Ewatinona deposit, part of the 2.8Moz Misima Gold Project in PNG. The trenching programme has returned multiple high-grade intercepts including: 22m @ 3.90g/t Au incl 6m @ 12.65g/t Au, incl 4m @ 18.33g/t Au 44m @ 1.18g/t Au incl 10m @
FRONTIER Resources Limited has announced an aggressive upcoming fieldwork on the historic Tolukuma tenement. The conpany’s plans include geological mapping, soil rock and trench sampling to determine the extents of near mine prospects at the Saki, Kimono North and Kunda North gold vein systems. First gold was originally poured at Tolukuma in December 1995 by Dome Resources. Durban Roodepoort Deep Ltd (DP), subsequent owners and operators of Tolukuma Gold mines
THE study of the earth’s physical formation, its composition and the various components that continuously sees the earth evolving is still new science for Papua New Guinea. Added to that, the natural landscape of PNG presents it as one of the most exciting geological terrains in the world which the University of Papua New Guinea (UPNG) through its Geoscience department is scratching the surface of. UPNG offers the Geology and
K92 Mining Inc. has hit a number of high-grade intersections from the continuing diamond drilling of the Kora North Extension of the Kainantu gold mine in Papua New Guinea. The results for the latest 10 diamond drill holes completed from both surface and underground into the Kora North deposit include multiple high-grade intersections, and in particular KMDD0147 & KMDD0147A, which are among the company’s most southern holes at Kora North
KINGSTON Resources Limited has completed an updated geological model for the Quartz Mountain region, part of its 2.8Moz Misima Gold Project in PNG, to incorporate recent drilling and exploration data. An extensive internal review of existing Quartz Mountain geological data complemented by recent Kingston drilling, geochemical data and structural mapping has concluded that mineralisation in the area is primarily structurally controlled. Previous interpretations had mineralisation controlled by lithological contacts between
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
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
