COPPER-GOLD DISCOVERY AT MT HAGEN - PACIFIC NIUGINI LTD.
Pacific Niugini announced that the first phase of exploration at its Mt Hagen Tenement (EL 1613) has returned significant assay results including copper, gold, and molybdenum from float samples believed to be shedding from a porphyry copper system in Australia. The first phase of reconnaissance works has focused on the Paglum (centre of lease) and Kotna (northeast portion of lease) areas. A total of 186 samples consisting of 120 stream sediment samples and 66 float samples were collected. At Paglum, best rock chip (float) sample results include Sample 87706, returning 1.22 g/t Au, 18 g/t Ag, 0.36% Pb
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