19th Jan 2012 14:32
Triple Plate Junction plc
("TPJ")
Morobe update; Gumots Drilling
TPJ announces that it has been advised by Newmont Ventures Ltd. ("Newmont") that drilling at Gumots has been commenced by Newmont.
Gumots is one of a number of drill targets identified in the Morobe mineralised district based on geological mapping, surface sampling, IP surveys and helicopter borne magnetic surveys undertaken by Newmont and is the second target to be drilled pursuant to the Morobe Joint Venture. The initial programme is for 3,000m.
Drilling results from the first target at the Hides Creek prospect are awaited.
Enquiries
Triple Plate Junction plc
Fraser McGee +44 (0)7775 693 237
finnCap Ltd
Matthew Robinson/Christopher Raggett +44 (0)20 7220 0500
Ocean Equities Limited
Guy Wilkes +44 (0)20 7786 4370
FTI Consulting
Ben Brewerton/Oliver Winters +44 (0)20 7831 3113
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