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Morobe Update - Gumots Drilling

19th Jan 2012 14:32

RNS Number : 8653V
Triple Plate Junction Plc
19 January 2012
 



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

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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