- PNG Copper (PNGC) has finished work on the Doriri Ni-Pd-Pt prospect in Papua New Guinea
- Doriri is a low-temperature accumulation of nickel, palladium and platinum located in the mafic and ultramafic rocks of the Mount Suckling massif
- The area consists of nickel-chlorite rhythmically interlayered magnetite sulphides to 50 m depth
- Previous channel sampling of Costean III returned a 7.0 m interval averaging 0.78 per cent Ni
- The final drill hole in the present program, DOD008, will be completed on Section 10000N. It is expected to be collared by the end of the week
- PNG Copper Inc. (PNGC) is in the grey, trading at C$0.06 at 2:34 pm EST
PNG Copper (PNGC) has completed work on hole DOD005 at the Doriri nickel-palladium-platinum prospect in June.
Drilling results from section 10025N will test the continuity of mineralization in Costean III. The area consists of nickel-chlorite rhythmically interlayered magnetite sulphides to 50 m depth.
Previous channel sampling of Costean III returned a 7.0 m interval averaging 0.78 per cent Ni, 1011 ppb Pd and 92 ppb Pt.
Drill hole DOD007 with a dip of -70o, the second hole on Section 10025N, was collared on June 22, 2022, and is presently at 29.20 m depth.
It is drilling below drill hole DOD006. The Doriri lode was intersected at 17.70 m depth, and the hole remains in mineralization.
The final drill hole in the present program, DOD008, will be completed on Section 10000N. It is expected to be collared by the end of the week.
Core samples from the above hole were dispatched to Australian Laboratory Services, Townsville, Australia, for analysis on June 25, 2022.
As for gold, platinum and palladium, analyses will be completed by standard 30 gm lead collection Fire Assay followed by Inductively Coupled Plasma Mass Spectrometry.
Doriri is a low-temperature accumulation of nickel, palladium and platinum located in the mafic and ultramafic rocks of the Mount Suckling massif in southeastern Papua New Guinea.
The mineralization has an average width of 10-15 m and has been previously mapped over a strike length of 520 m. It remains open-ended in both directions. Mineralization crops out at the surface and remains open at depth.
The company is a mineral exploration company focused on acquiring, exploring, and developing quality mineral properties in Papua New Guinea.
Respect for the surrounding communities it interacts with, the landowners, and the environment are among some of its core values.
PNG Copper Inc. (PNGC) is in the grey, trading at C$0.06 at 2:34 pm EST.
