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Details - Information last confirmed on January 23, 2021
Private company with Gold project in Papua New Guinea is seeking JV Equity Partner. Company will set up a Gold Assay Laboratory in Vanimo which covers two Provinces East Sepik & West Sepik – it is called the Sandaun Province. The export of the gold from both Provinces will be under a Gold Small Scale Operation. It is planned that the local Landowners – “Panners” will bring their gold to be tested and sold. The company will have Buy & Sell facilities available. It is the belief of the Senior Provincial Geologist that the setting up of a Buying & Export outlet in Vanimo will help small village “Alluvial Gold Panners” and collectors in each respective districts of West Sepik. It will enable these people to call at the Assay Laboratory and sell “raw gold” collected every day. At the present time, they cross the border into Indonesia which is very dangerous and a very long journey for them. The project will provide a “captive market” with a very safe alternative for them to sell their gold. The Vanimo area presents a great opportunity for the “Panners to deliver high quality gold. There are high expectations of the potential results that can be derived from this Project. The company will provide the equipment and machinery to the Landowners of Sakamui Tenement – Mt Kere Crewk - to extract the gold. The Plan is to commence with 4 Tenements and increase to 100. The Gold derived from this mining is of a very high quality and will be sold and profits split between partners. This will be of substatial benefit to the Landowners of the Tenements. Please contact me if you're interested in being JV Equity Partner in project.
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