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Golden Birch Resources outlines future exploration strategy

Published by , Deputy Editor
Global Mining Review,

Golden Birch Resources has announced its key objectives and exploration strategy for the company.

Highlights include:

  • The key commodities targeted by the company are copper and gold.
  • The exploration strategy is to discover porphyry copper-gold deposits.
  • Golden Birch holds an option to acquire up to an 85% interest in the Keveri Project, located 200 km southeast of Port Moresby, Papua New Guinea (PNG).
  • The Keveri Project is strategically located on the important Papuan Mobile Fold Belt, host to known copper and gold porphyry deposits.
  • PNG has a stable government and competitive, transparent and workable mining regulations.
  • The company intends to further evaluate the already identified copper-gold targets with the Keveri
  • Project with ongoing exploration work, including drill testing during and after 2020.
  • The company’s board and management have extensive experience in the exploration and mining industry.

Alan Martin, President and Executive Director of Golden Birch, commented: “We are excited to be exploring the Papuan Mobile Fold Belt of PNG, in line with our strategy to discover porphyry copper-gold deposits. The strategic location of the Keveri Project within this rich belt of rocks provides the company with the opportunity to discover a porphyry copper-gold deposit that could deliver value to its shareholders.”

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This article has been tagged under the following:

Copper mining news Gold mining news