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NORMANBY (IMWAUNA) Project
NORMANBY (IMWAUNA)
Country Papua New Guinea 
Close to Port moresby
Status FEASIBILITY 
Latitude / Longitude 10 S 01 / 151 E 05
Legends
Valorisation
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Produces
Develops Gold - Silver -
Explores for
Risk and valuation analysis of the NORMANBY (IMWAUNA) Project
Status Risk : Feasibility
Country Risk : Important
Resource Risk : 60.00%
In situ value
998,092,599 $
Title(s) of the NORMANBY (IMWAUNA) Project
New Guinea Gold Corporation
Owner: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
The property is held 100% by New Guinea Gold Ltd (“NGG”) which is in turn 100% owned by New Guinea Gold Corporation (“NGG”).
Location of the NORMANBY (IMWAUNA) Project
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.
 
History of the NORMANBY (IMWAUNA) Project
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...
 
Geology of the NORMANBY (IMWAUNA) Project
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.
 
Reserves and resources of the NORMANBY (IMWAUNA) Project
TonnageGradeReserves and resources
SilverGoldSilverGold
g/tg/tozoz
 Measured1,800,00020.0012.20 1 157 427 706 030
 Mesured and Indicated1,800,00020.0012.20 1 157 427 706 030
 Total 1 800 000 1 157 427 706 030
Definitions
Reserves and resources of the NORMANBY (IMWAUNA) Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 706 030 706 030 706 030 oz 948 975 453 US$
 Silver 1 157 427 1 157 427 1 157 427 oz 24 676 341 US$
Production Objectives
Metal201320142015201620172018201920202021
GOLD (oz)100,000100,000100,000100,000100,000100,000100,000100,000100,000
Location
Data last updated on : 6/30/2008
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources