Gold Mountain Limited (ASX:GMN) is an Australian, publicly listed company exploring for world-class, porphyry copper-gold-molybdenum deposits in the highly prospective Papuan Mobile Belt (PMB) in Papua New Guinea.
Gold Mountain Ltd (ASX:GMN) Wabag Project MCD009 Drill Hole Update
Wabag Project MCD009 Drill Hole Update Sydney, May 14, 2021 AEST (ABN Newswire) - Gold Mountain Limited (
ASX:GMN) is pleased to update the market on the progress of its exploration activities at the company s flagship Wabag Project in PNG.
Highlights
MCD009
o Completed to a depth of 637m, having intersected a tonalite porphyry in the top 309m of the hole (Wale Batholith) and a strongly potassic altered micro-diorite from approximately 309m to 637m
o Evidence of porphyry mineralogies including quartz, magnetite, epidote and sulphide veins and fracture fill sulphides occur throughout MCD009