About Us

What we're about

Our vision is to become a leading Papua New Guinea and Australia based mining company, creating long-term value for our stakeholders by transforming mineral resources into successful businesses through our passion for people, entrepreneurship and focused execution of our business plan.

AMD’s portfolio includes:

  • The Imwauna high-grade gold deposit on the Normanby Island Gold Project, PNG with a maiden JORC 2012 Inferred Resource of 1.196 Mt at 5.31 g/t Au and 10.6 g/t Ag for 204,200oz of gold and 407,000oz of silver.
  • The Ok Tedi River Heavy Minerals Project in PNG with a maiden JORC resource of 15Mt of high-grade magnetite and 254,919 oz gold.
  • The Sudest Island Project in PNG, encompassing historic alluvial and hard rock gold mines and targeting large Cu-Au porphyry systems.
  • A 20% JV interest in The Cumberland Project in North Queensland targeting the “RBZ” prospect (previously “Rob’s Vein”), interpreted as a series of hydrothermal breccia zones in excess of 600 metres long with surface sampling averaging 2.1g/t Au and 379g/t Ag.
  • A 20% JV interest in the Compass Creek Project in the Pine Creek Goldfields in NT, Australia. Drill ready targets seeking gold and silver deposits.
AMD Portfolio
ProjectKey AttributesProject OverviewStatus
Normanby Island
Milne Bay Province, PNG

Area 67km2
Imwauna High-Grade Epithermal Au deposit + 8 other known gold prospects.
  • Maiden JORC 2012 Inferred Resource of 1.196 Mt at 5.31 g/t Au and 10.6 g/t Ag for 204,200oz of gold and 407,000oz of silver as at May 2019.
  • Aim to establish oxide reserve at Imwauna by further drilling and trenching in 2020.
  • Exploration underway on nearby prospect areas to expand the project resource base.
  • Development scoping studies and baseline environmental studies to commence in 2020.
  • Aiming to lodge a mining lease application in 2020.
  • Tenement granted and 100- man permanent field camp re-established.
  • Extensive data recovery and verification program undertaken and completed in 2019.
  • LiDAR topographic survey completed to refine resource estimate and support future development studies.
  • Exploration for extensions to the Imwauna vein system and 8 other known gold prospects underway.
  • Program to develop and expand the oxide resource potential planned for Q1 2020
Ok Tedi River
Heavy Minerals
Western Province, PNG

Area 400 km2
Heavy mineral suite of high- grade magnetite, gold and sulphides.

High Volume resource.

Access to existing extensive infrastructure.

  • Maiden Inferred JORC 2012-compliant resource of 15Mt of high grade (68%+ Fe) magnetite, 254,919 ounces of recoverable Au and 5Mt Cu and Au bearing sulphides.
  • Resource definition program is ongoing with potential to add resources from the active Ok Tedi River with additional tenements and through further metallurgical work on the sulphide resource.
  • Potential for near term small-scale production.
  • Existing OTML Tenements
  • Progressing off-take marketing
  • Planning trial mining program in H1 2020 to underpin a subsequent scoping study
Sudest Island
Milne Bay Province, PNG

Area. 680 km2
Targeting large scale Porphyry Copper-Gold deposits and high-grade vein gold systems.
  • Historical low volume, hard rock and alluvial production.
  • Numerous auriferous anomalous drainages distributed across the project area defined by past exploration.
  • Despite past mining and anomalous geochemistry, no previous drilling on the Island.
  • Intrusive rocks with compositions typical of those associated with large mineralised porphyry systems identified.
  • Aeromagnetic survey to identify porphyry Cu-Au signatures completed in 2019.
  • Tenement Granted
  • Local Communities briefed
  • Processing and interpretation of magnetic data to be completed in late 2019.
  • Ground follow up of both porphyry aeromagnetic Cu-Au targets and high-grade gold vein style targets to commence in 2020
Cumberland
Queensland, Australia

Area 198 km2
Epithermal Au/Ag

Vein Swarm and Porphyry Potential.

In NE Queensland intrusive related gold province (includes Kidston 3.5Moz Au)

  • 3-kilometre zone of bonanza grade silver mineralisation with associated gold in epithermal quartz vein mineralisation.
  • 16 individual veins with high-grade gold values at surface have been discovered.
  • “Rob’s Vein” (renamed “RBZ”), is interpreted as a series of hydrothermal breccia zones in excess of 600 metres long with surface sampling averaging 2.1g/t Au and 379g/t Ag.
  • Tenements Granted
  • Surface mapping, rock chip sampling and initial trenching program completed
  • LiDAR topographic survey completed.
  • Further field mapping and soil sampling programs in specific areas undertaken.
  • AMD holds 20% JV interest.
Compass Creek
Northern Territory, Australia

Area 63.4km2
Targeting Cosmo-Howley style gold mineralisation. in the Pine Creek Gold Field (>3Moz historic production)

Target 2 million ounces Au

  • Four drill-ready targets well defined by well-defined distinct geological, geochemical and geophysical signatures.
  • Prospective for gold, silver, copper and tin.
  • Similar geological and structural setting to the Cosmo Howley gold deposits in the Pine Creek Gold Field.
  • Tenements Granted
  • Completed 23 km of IP, 100 line-km of ground mag, Tempest AEM, mapping and rock chips
  • Mine Management Plan (MMP) for drilling completed and approved by NT Mines Dept
  • AMD holds 20% JV interest.

The Company has spent more than $14 million developing its business and project portfolio, building significant and material value in its assets since commencing operations in 2014. The company in an unlisted public company, intended to become a listed public company as soon as practicable.

The AMD Resources skill-base encompasses all areas of expertise required to successfully execute the project plans and programs to continue to build value for the Company and its shareholders.

Key Board and Management Competencies

  • Corporate
  • Project Management
  • Exploration
  • Production
  • Sales
  • Marketing
  • Government
  • Community
  • PNG

Our Technical Team Competencies

  • Project Management
  • Mining Production
  • Feasibility & Environment Studies
  • Exploration: Discovery & Resource Definition
  • Government: Local & National
  • Local Community & Local Language Skills
  • PNG Specialists
  • Commodities: Gold, Base Metals, Mineral Sands

Prospectus

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AMD Resources