EXPLORATION & DEVELOPMENT

Coppermoly's maiden indicated resource

PAPUA New Guinea-focused minnow Coppermoly has announced a maiden indicated resource for its Mount Nakru project on the island of New Britain, and larger inferred and indicated resource containing substantially more gold.

Coppermoly's maiden indicated resource

The explorer's maiden indicated resource is for seven million tonnes containing 70,000t of copper grading 1%, 64,000 ounces gold grading 0.28 grams per tonne, and 2.1Moz silver, using a cut-off grade of...

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