Risk and valuation analysis of the Sinivit Project |
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Title(s) of the Sinivit Project |
| New Guinea Gold Corporation Owner: 92% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Sinivit Project |
The Sinivit Gold Project is located 50 kilometres south-southwest of Rabaul in the Baining Mountains of the Gazelle Peninsula, East New Britain Province, Papua New Guinea.
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History of the Sinivit Project |
The Company announced on June 16, 2005 that all approvals had been received from the Papua New Guinea Government in respect to commencing development of the Sinivit Gold project. During the quarter, and until the date of this report, the Company completed most of the infrastructure, such as access roads, camp construction etc associated with the mine development
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Geology of the Sinivit Project |
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Gold and copper mineralisation on the Sinivit property occurs in the north, north-east trending Wild Dog
and Gunsap Mountain structures in quartz veined zones. Weathering, oxidation and leaching has formed
a surficial zone of gold and silver bearin more...
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