Potential large-scale porphyry copper-gold project
The Sudest Island Copper-Gold Project comprises one EL that covers the entire Sudest Island, which is located 100km SE of the Misima Deposit, which historically produced approximately 3.7 million ounces of gold and 18 million ounces of silver.
Sudest Island was the first hard-rock gold location identified in PNG however it has never been drilled. To date, approximately 15,000 ounces gold has been produced from alluvial mining.
The company is planning to undertake an island wide aeromagnetic program in 2018 to locate potential porphyry style copper-gold mineralisation associated with post-metamorphic intrusives and regional drainage gold geochemical anomalies shown in red below.