| Risk and valuation analysis of the NORMANBY (IMWAUNA) Project |
| Status Risk : Feasibility |
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| Title(s) of the NORMANBY (IMWAUNA) Project |
 | New Guinea Gold Corporation
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| The property is held 100% by New Guinea Gold Ltd (“NGG”) which is in turn 100% owned by
New Guinea Gold Corporation (“NGG”). |
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| Location of the NORMANBY (IMWAUNA) Project |
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The Imwauna project is located about 325km east of Port Moresby and 65 km northeast of
Alotau in Milne Bay Province, Papua New Guinea (“PNG”) (Figure 1). The Project is located
on the Normanby Exploration License (“EL”) 1091 that covers 20 sub-blocks (68km2) in the
central part of Normanby Island, the southern and eastern most of a three, island chain called the
D’Entrecasteaux Islands.
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| History of the NORMANBY (IMWAUNA) Project |
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New Guinea Gold Corporation (NGG) has been actively exploring at its Normanby Property and
Imwauna Prospect since 1996, initially in joint venture with Macmin Silver Ltd and since 2002
as the sole owner of the property.
Minimal exploration only to more...
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| Geology of the NORMANBY (IMWAUNA) Project |
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The Imwauna Prospect is a part of an 8 to 10 sq km area which hosts numerous quartz veins,
often with high grade gold, and disseminated gold mineralisation associated with
Recent/Pleistocene volcanics. Only a small part of this large prospective area has been tested by
drill holes and there is potential to locate additional moderate sized resources at other prospects
in addition to Imwauna.
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