| FERGUSSON Project |
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FERGUSSON |
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Country |
Papua New Guinea
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Province |
Milne |
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Close to |
Alotau |
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Status |
EARLY DISCOVERY
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Surface |
115 km² / 28,416 acres |
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Latitude / Longitude |
9 S 31 / 150 E 44 |
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Legends
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| Risk and valuation analysis of the FERGUSSON Project |
| Status Risk : Early discovery |
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| Title(s) of the FERGUSSON Project |
 | Vangold Resources Ltd
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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 | New Guinea Gold Corporation
Interest: 5% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| NGG owns shares in Vangold and has a 5% carried interest to
bankable feasibility in the property. |
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| Location of the FERGUSSON Project |
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The Fergusson property is situated about 80 km north-northeast of Alotau in the Milne Bay Province.
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| History of the FERGUSSON Project |
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Prior to 1980, exploration on the island had been limited to base metals, chromite and magnetite. Since
Esso commenced gold exploration in 1982, extensive geochemical sampling has been completed. This
work was continued by City Resources Ltd and Ingold Holdings (INCO) between 1982 and 1987.
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| Geology of the FERGUSSON Project |
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The property is situated in Papua New Guinea along the Rim of Fire, the active circum-Pacific volcanic belt that hosts most of the areas large porphyry copper-gold deposits and a number of world-class epithermal gold deposits. Small scale alluvial go more...
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| Discoveries and Drilling Results | |
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Data last updated on : 1/9/2008
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Disclaimer
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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.
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