Pacific Niugini (ASX: PNR) is exploring for golf and copper in Papua New Guinea through its 100% held subsidiary company where it holds 5 exploration titles covering 3,961 square kilometres.
Pacific Niugini (ASX: PNR) is on track for initial grade estimates for the Bulolo gold project in Papua New Guinea after receiving the first batch of results from a bulk sampling program.
To date results from 10 of the 26 bulk sampling sites are available, with gravity separation testing carried out on four.
Initial data from the program shows varying grades per cubic metre of gravel, from 0.042 grams per cubic metre to 0.913 grams per cubic metre.
The four pit gravity separation assays indicate deviation between head assays and gravity gold cleaning assays, with testing of the larger gravity separation sample resulting in upgraded head assays in three cases.
Evaluation of the commercial indications for Widubosh will be completed once results for all of the bulk sampling pits have been received.
Preparation of gravity gold cleaning samples for the remainder of the test pits is underway.
The Bulolo project is held by the Widubosh Joint Venture between a subsidiary of Pacific Niugini and PNG Forest Products.
Bulolo covers the vast bulk of historic gold production from within the Morobe Province.
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