Mine Details

Star mountains

http://www.highlandspacific.com

gold, copper

Phone: 

Address: PNG, 

State:  PNG,

Email: 

http://www.highlandspacific.com

 

The Star Mountains copper and gold project is located at Tabubil in the West Sepik Province of Papua New Guinea, about 20 kilometres north of the giant Ok Tedi mine. It includes four exploration tenements; Tifalmin, Munbil, Mt Scorpion and Nong River, that cover an area of 515 square kilometres.

Highlands Pacific Identifies Gold and Copper Mineralisation at Star Mountains Site in PNG

The Star Mountains copper and gold development project is to be progressed by Highlands Pacific Limited and its joint venture partner, a wholly owned subsidiary of Anglo American. Anglo American completed adue diligence study of the Star Mountains Project and is currently engaged in carrying out a new drilling campaign. The Highlands Pacific Limited has funded exploration of the Star Mountains tenements since 2012 and during that time have identified significant gold and copper mineralisation at the project site.

Star Mountains Project Owner Highland Pacific is a PNG Mining Company

The Highlands Pacific Limited mining and exploration company is incorporated and registered in Papua New Guinea and listed on the Australian Securities Exchange (ASX) and the Port Moresby Stock Exchange (PomSoX). Its other PNG assets, besides that of the Star Mountains Project, include the Ramu cobalt and nickel mine and the Frieda River gold and copper project. The company also holds exploration tenements at Normanby Island and Muller Range, which is located on the border of the Southern Highlands and Western Provinces.

Highlands Pacific and Anglo American Form Joint Venture to Develop Star Mountains Project

The announcement that global mining company, Anglo American and Highlands Pacific Limited, of Papua New Guinea, had agreed to form a joint venture to develop the Star Mountains gold and copper project waswarmly welcomed by the Papua New Guinea Government. Highlands Pacific Limited have been operating in Papua New Guinea for over 20 years. It is now considered, by many, to be Papua New Guinea's premiermineral explorer, as well as being a leading mineral developer and producer with it now successfully mining some of Papua New Guinea's top nickel, gold and copper assets. The Papua New Guinea Government andPapua New Guinea based investment funds hold a 30 percent shareholding in Highlands Pacific Limited, the rest of the sharholding is held by international investors.

Anglo American Begin Large Exploration Program at Star Mountains Project Site

Anglo American is a major international mining company with mining operations in Australia, south and north America and South Africa. It intends to commence a 3,000 metre, four hole exploration and drillingcampaign at the Star Mountains project site in April 2015. A helicopter magnetic survey has recently completed and it is currently in the process of carrying out a LIDAR survey (a remote sensing technology that is able to estimate the size of a mineralised lode).


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