PNG Copper at a Glance
Option agreement with Papuan Minerals Pty Ltd to acquire 85% of Papuan Minerals Ltd that owns 100% of Keveri Project (“Keveri”), Papua New Guinea (PNG). Keveri consists of 2 Exploration Licenses, EL 2391 & 2560.
Keveri is located SE along the New Guinea Mobile Belt, a regional geologic trend in PNG, highly prospective for large, rich, porphyry copper-gold deposits.
Exploration has identified 3 main Copper-Gold Porphyry drill targets on Waki, Urua and Omu prospects and a Nickel target at Doriri prospect
3,000m drill program to test these targets will begin on or about August 1, 2021 with completion late 2021.
PNG Copper can earn-in 51% of the Exploration Licenses with completion of this by August 2022.
PNG Copper is a copper-gold exploration company listed on the CSE, Toronto Canada with its flagship property located on the prolific geologic New Guinea Mobile Belt in Papua New Guinea (PNG). The company hires local PNG Nationals for geologic and field/camp work which provides the basis for a solid community minded approach to Exploration in PNG. The Keveri property has numerous large copper/gold porphyry prospects.