The Project CRATER MOUNTAIN is in EARLY DISCOVERY stage. Mining Property in PAPUA NEW GUINEA Province of CHIMBU : Ownership, location, history, geology, maps, reserves and resources, related press releases

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Crater Mountain Project

Crater Mountain

Country

Papua New Guinea

Province

Chimbu

Close to

Goroka

Status

EARLY DISCOVERY

Surface

44 km² / 10,872 acres

Latitude / Longitude

06 S 32 / 145 E 05

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Produces

Develops

Explores for

Gold -

Last updated on 11/19/2010 - Terms of Use

Risk and valuation analysis of the Crater Mountain Project

Status Risk : Early discovery

Country Risk : Important

Title(s) of the Crater Mountain Project

Gold Anomaly Ltd.
Joint venture: 90%


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Location of the Crater Mountain Project
The Crater Mountain property, consisting of exploration licence 1115 (EL 1115), covers about 44km2 and straddles the Chimbu Province and Eastern Highland Province boundary. Crater Mountain is 50km SW of Goroka.

History of the Crater Mountain Project
The Crater Mountain area, with large areas of surface argillic alteration, has been part of prospecting and exploration licences since the early 1970's. The exploration focus has switched from an early porphyry copper target to an epithermal gold tar more...

Geology of the Crater Mountain Project
The Crater Mountain volcanic complex is one of several stratovolcanoes situated near the margin of the Australian Continental Plate. The volcanic complex is underlain by Cretaceous to Lower Tertiary marine sedimentary rocks. The Crater Mountain volca more...

Title / Ownership

2/8/2011

Exploration and drilling

12/20/2010	(New Guinea Gold)Correspondence from New Guinea Gold Corporation
12/20/2010	(New Guinea Gold)Announces Progress on Gold Anomaly's Projects
12/13/2010	(Gold Anomaly)Drilling Begins at Crater Mountain PNG Gold Prospect
11/19/2010	(New Guinea Gold)Gold Anomaly is to Commence Drilling at Crater Mountain
11/1/2010	(Gold Anomaly)Drilling to Commence at Crater Mountain, PNG
8/3/2010	(Gold Anomaly)Crater Mountain Gold Project - Exploration Update
6/23/2010	(New Guinea Gold)Update
6/7/2010	(Gold Anomaly)Crater Mountain Sampling Commenced

Discoveries and Drilling Results

4/1/2011	(New Guinea Gold)Announces That Gold Anomaly Intersected 82m at 1.62g/t Gold ...
8/12/2010	(Gold Anomaly)High grade trench assays from Crater Mountain gold project, ...

Location

Data last updated on : 10/15/2009

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.