Quintessential Resources has established itself as one of Papua New Guinea’s most promising growth shares.
Since listing on the ASX in August 2011, it has been focused on the Bismarck tenement situated in the northwest trending Papuan Fold Belt.
At 320sq.km, Bismarck contains 20 prospects. The Tekem gold district and the Mal porphyry copper district were the first target areas for Quintessential.
“We are focussed on drilling Tekem and Mal simultaneously; a dual commodity and mineralised style focus,” Quintessential managing director and founder Paige McNeil said.
Tekem has a modest historic inferred resource of 35,400 ounces grading 2.05 grams per tonne gold in 535,000 tonnes of rock from surface.
Quintessential has complete...
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