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Simuku Project
Simuku
Country
Papua New Guinea
Province
New britain
Close to
Kimbe
Status
GREEN EXPLORATION
Surface
48 km² / 11,821 acres
Latitude / Longitude
5 S 44 / 150 E 02
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Risk and valuation analysis of the Simuku Project
Status Risk : Green exploration
Country Risk : Important
Title(s) of the Simuku Project
New Guinea Gold Corporation
Interest: 90%
Title
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Location of the Simuku Project
The Simuku property covers 47.84km2 about 22 km southwest of Kimbe in West New Britain Province, Papua New Guinea.
History of the Simuku Project
The presence of secondary enriched, chalcocite blankets above significant primary, porphyry-style, and copper mineralization at Simuku was demonstrated by the first four holes drilled by Esso in 1983. Hole SMD04 intersected 40.7m grading 0.64% Cu in
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Geology of the Simuku Project
The Simuku property is situated in Papua New Guinea along the “Rim of Fire”, the active circum-Pacific volcanic belt that hosts a number of large porphyry copper-gold deposits and world-class epithermal gold deposits. The property is located on the
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Resources targeted of the Simuku Project
Gold - Molybdenum - Copper -
Exploration and drilling
5/3/2006
Progress Update
Location
Data last updated on : 10/15/2009
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