Following some logistical issues causing delay, Gold Anomaly has started drilling at its flagship Crater Mountain gold project in Papua New Guinea.
Crater Mountain is a former BHP tier-1 project which consists of three contiguous exploration licences spanning some 300sqkm in the PNG highlands.
The company's maiden drilling program targets the most advanced of the four gold bearing areas identified to date at the Nevera prospect, where significant gold mineralization has been confirmed on the surface and at depth.
Gold Anomaly's chairman Greg Starr says, "This is a significant milestone, beginning an aggressive program of 2500 metres of diamond drilling to further define the Nevera prospect's potential."
The drilling program is led by Gold Anomaly director and exploration manager Peter Macnab, who has played a key role in the discovery of major mineral deposits totaling some 100 million ounces gold-equivalent throughout PNG over the past four decades.
Peter Macnab's view is that the diatreme-breccia zone outlined at Nevera is analogous to the diatreme-hosted geological setting at the 6.5 million ounce Wafi Creek deposit of Newcrest/Harmony Gold, which Peter discovered.
www.goldanomaly.com.au

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