WCB Resources has awarded a drilling contract for a drill program on the Misima porphyry prospect on Misima Island. Following a detailed evaluation process, Quest Exploration Drilling (QED) has been awarded the contract for completion of the stage 1 exploration drill program.
This program will see upwards of 4000 metres of diamond drilling completed in a series of holes that have projected depths of up to plus-1000 metres. The location of these holes has been determined by a rigorous exploration program comprising soil sampling, geological mapping, channel sampling, an airborne magnetic survey and compilation of historic data, including exploration drilling and mine blast holes.
WCB’s president and CEO Cameron Switzer says, “This is an exciting period for all associated with WCB and the Misima story. The awarding of the drill contract to QED marks the next step towards discovery in this compelling project.”
QED has been involved in the PNG exploration Industry since 1969 when the managing director commenced drilling at the Frieda River prospect. Subsequent exploration drill programs were also completed at Ok Tedi, Porgera as well as Misima. Most recently QED completed large drill programs with up to 11 rigs at Frieda River, and at Tampakan and Boyongan in the Philippines. In addition QED has successfully completed numerous regional exploration drill programs throughout PNG.
QED will supply a track mounted drill rig and ancillary equipment capable of drilling to depths of up to 1400 metres (NQ) should it be required.