May 23, 2013
PNG Gold Corporation - 51.21 g/tonne gold and 124.50 g/tonne silver over 2.50 metres, Imwauna Main Structure, Papua New Guinea
May 23, 2013, Vancouver, BC - PNG Gold Corporation ("PNG Gold" or the "Company") (TSX-V:PGK) is pleased to announce gold and silver assay results from 11 diamond drill holes from Imwauna Main Structure. Several holes in Table #2 were previously announced on March 12, 2013 some of which contained only partial gold and silver assay results.
Table #1 highlights the assay results from hole IMH-272 which contain highly prospective gold grades, typical of low sulphidation epithermal deposits...
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March 12, 2013
PNG Gold Corporation Announces Drill Assays at the Imwauna Main Structure
• 29.35 g/t Gold Over 5.20 Metres
March 12, 2013, Vancouver, BC -- PNG Gold Corporation ("PNG Gold" or the "Company") (TSX-V:PGK) is pleased to announce gold and silver assay results from 11 diamond drill holes from the Imwauna Main Structure in the Henry Zone area.
Table #1 highlights the assay results of hole IMH-275, which contain highly prospective gold grades that are typical of low sulphidation epithermal deposits and a...
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February 25, 2013
PNG Gold Corporation Corporate Update
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 25, 2013) - PNG Gold Corporation ("PNG Gold" or the "Company") (TSX VENTURE:PGK.V) is pleased to announce its corporate objectives for 2013 and achievements since its new management took direct control over operations in the second quarter of 2012.
Management took over operations from a previously contracted third party in order to achieve greater direct control over its Normanby Island projects in Papua New Guinea. The transition is now ...
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November 28, 2012
PNG Gold Corporation Announces Diamond Drill Hole Results: 10.72 G/TONNE Gold over 3.0 Metres
November 28, 2012, Vancouver, BC -- PNG Gold Corporation ("PNG Gold" or the "Company") (TSX-V:PGK) is pleased to report drill core assay results and recent geological modelling from its 2012 exploration program at the Imwauna Structure, located on Normanby Island, Milne Bay province, in eastern Papua New Guinea.
Three diamond drills are currently on site with a fourth arriving next month. The company has planned to complete 21 additional holes totalling 4665 metres on the Imwauna Stru...
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September 28, 2012
PNG Gold Corporation Update On Officers
SEPTEMBER 28, 2012, Vancouver, BC -- PNG Gold Corporation ("PNG Gold" or the "Company") (TSX-V:PGK) announces changes in various officer's positions in anticipation of the expanded drilling program that is commencing on the Imwauna and Sehulea properties. Lorne Warner, who has been acting as Interim President and CEO, is now having to devote most of his time to operational concerns and will therefore assume the position of Chief Operating Officer. The void left by Mr. Warner will be fill...
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August 27, 2012
PNG Gold Corporation Appoints Byran Nethery Director And Rick Low As CFO
AUGUST 27, 2012, Vancouver, BC -- PNG Gold Corporation ("PNG Gold" or the "Company") (TSX-V:PGK) is pleased to announce that effective immediately, Bryan Nethery has joined the board of directors of PNG Gold. Mr. Nethery is a metallurgical engineer and Professional Engineer (BC) who has over 30 years of domestic and international senior management and metallurgical engineering experience. He has extensive experience in all aspects of mining project development including scoping studies, ...
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May 15, 2012
PNG Gold Corporation Corporate Update
May 15, 2012, Vancouver, BC -- PNG Gold Corporation ("PNG Gold" or the "Company") (TSX-V:PGK) has embarked on a number of initiatives. These have been taken in response to issues that, if not corrected, could negatively impact the development of the Imwauna gold property. The PNG Gold board has determined that: 1) drilling must progress more rapidly than the approximate 12,000 metres achieved in the previous 15 months; 2) administration and operational costs per metre drilled need to be r...
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April 13, 2012
PNG Gold Corporation Announces Diamond Drill Hole Results: 112 g/tonne Gold over 6.0 Metres
April 13, 2012, Vancouver, BC -- PNG Gold Corporation ("PNG Gold" or the "Company") (TSX-V:PGK) is pleased to report assay results from its 2011 exploration program at the Imwauna gold project, located on Normanby Island, Milne Bay province, eastern Papua New Guinea.
Highlights:
...
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April 04, 2012
PNG Gold Corporation Announces Resignation of CEO and Change Of Officers And Director
April 4, 2012, Vancouver, BC - PNG Gold Corporation ("PNG Gold" or the "Company") (TSX-V:PGK) announces that the board of directors has appointed Mr. Lorne Warner, P.Geo, as the Company's Interim President & CEO. Mr. Warner is a professional geologist with over 30 years production and exploration experience in the minerals industry in Canada, USA, Mexico and Brazil, mainly with Noranda Exploration and Placer Dome. During his tenure with Placer Dome, Lorne led the western extension and di...
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March 08, 2012
PNG Gold and New Guinea Gold Merger Update - Merger Agreement Executed - PNG Gold Agrees to Lend NGG $2.5 Million
March 8th,2012, Vancouver, BC - PNG Gold Corporation ("PNG Gold") (TSX-V:PGK) and New Guinea Gold Corporation ("NGG") (TSX-V:NGG) jointly announce that, further to their joint news release dated November 4th, 2011, they have executed a binding Arrangement Agreement whereby PNG Gold will acquire all the shares of New Guinea Gold by way of Plan of Arrangement at an exchange ratio of one NGG share for 0.125 PNG Gold shares (the "Arrangement"). In addition, PNG Gold has agreed to assi...
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February 29, 2012
PNG Gold Corporation Announces Further High Grade Drill Hole Results 15.8 g/t Au over 1.8 m at 190 metres - Deepest Intersection to Date - and 16.9 g/t Au over 0.9 m at 40 metres.
February 29th, 2012, Vancouver, BC - PNG Gold Corporation ("PNG Gold" or the "Company") (TSXV: PGK) has received the assay results from the final 12 diamond drill holes completed during its 2011 exploration program at the Imwauna gold project, located on Normanby Island, Milne Bay Province, eastern Papua New Guinea. Highlights from these most recent results include 15.8 g/t Au over 1.8 m in hole IMH 242 at a vertical depth of 190 metres, the deepest intersection on the property to date, ...
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February 22, 2012
PNG Gold Corporation Announces Results from Initial Metallurgical Test Work 95% Gold and 86% Silver Recoveries Indicated with Low Reagent Consumption
Not for distribution in the United States or to U.S. newswire services
February 22nd, 2012, Vancouver, BC -- PNG Gold Corporation ("PNG Gold" or the "Company") (TSXV: PGK) has received results of preliminary metallurgical test work on its Imwauna gold project on Normanby Island, Milne Bay Province, eastern Papua New Guinea. The test work was commissioned on PNG Gold's behalf by Lycopodium Minerals, Brisbane, QLD at Metcon Laborato...
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February 09, 2012
PNG Gold Corporation Intersects 32.1 g/t Au over 1.4 m and 20.2 g/t Au over 2.4 m at Imwauna Gold Project, Papua New Guinea and Confirms the Potential for High Grade Gold Extensions at Depth
Not for distribution in the United States or to U.S. newswire services
February 9th, 2012, Vancouver, BC - PNG Gold Corporation ("PNG Gold" or the "Company") (TSXV: PGK) announces the assay results for a further 21 holes from its Imwauna gold project on Normanby Island, Milne Bay Province, eastern Papua New Guinea with highlights as follows: 32.1 g/t Au over 1.4 m (IMH 217, section 10100N...
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January 23, 2012
PNG Gold Corporation Provides Exploration and Project Development Update on Imwauna Gold Project
January 23rd, 2012, Vancouver, BC - PNG Gold Corporation ("PNG Gold" or the "Company") (TSXV: PGK) provides exploration and project development updates for the Imwauna Gold Project and nearby Sehulea property, both located on Normanby Island, Milne Bay Province, eastern Papua New Guinea with highlights as follows:
...
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November 17, 2011
PNG Gold Corporation Announces High Grade Gold Results from Imwauna Project, Papua New Guinea
PNG Gold Corporation ("PNG Gold" or the "Company") (TSXV: PGK) announces assay results from 31 recently completed diamond drill holes on its Imwauna Project, Normanby Island, Milne Bay Province, eastern Papua New Guinea.
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November 04, 2011
New Guinea Gold and PNG Gold Update
New Guinea Gold Corporation ("New Guinea Gold" or the "Company") (TSX-V: NGG, Frankfurt: NG8) and PNG Gold Corporation ("PNG Gold") (TSX-V: PGK) jointly announce that they have entered into a letter of intent with respect to a potential acquisition of New Guinea Gold by PNG Gold.
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October 31, 2011
PNG Gold Corporation Reaches Threshold to Acquire 100% of Imwauna and Sehulea Properties
PNG Gold Corporation ("PNG Gold" or the "Company") (TSXV: PGK) announces it has met the exploration expenditure requirements under its option agreement with New Guinea Gold Corporation ("NGG"), and has notified NGG of its desire to exercise its option to acquire the remaining interest it does not already own in Exploration Licenses (EL) 1091 and 1069, the Imwauna and Sehulea properties, respectively. Both properties are on Normanby Island, Milne Bay Province, Papua New Guinea.
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October 26, 2011
PNG Gold Corporation Announces Leianne Emery Appointed Investor Relations Manager
PNG Gold Corporation ("PNG Gold" or the "Company") (TSXV: PGK) is pleased to announce the appointment of Ms. Leianne Emery to the position of Investor Relations Manager.
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October 13, 2011
PNG Gold Corporation Provides Corporate and Exploration Update; New Director appointed and $9.3 million budget approved 17.75 g/tAu over 0.6 metres reported
PNG Gold Corporation ("PNG Gold" or the "Company") (TSXV: PGK) issues an update on corporate developments and initial exploration results of the continuing diamond drilling program and other operational activities at the Imwauna Project, Normanby Island, Milne Bay Province, Papua New Guinea.
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July 28, 2011
PNG Gold Corporation Closes $38 Million Best Efforts Private Placement
PNG Gold Corporation (TSX-V: PGK) ("PNG Gold" or the "Company") is pleased to announce that it has closed its previously announced private placement offering led by Canaccord Genuity Corp. and Paradigm Capital Inc. (the "Agents") as co-lead Agents.
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July 26, 2011
PNG Gold Corporation Provides Update on Financing and Operations
PNG Gold Corporation ("PNG Gold" or the "Company") (TSXV: PGK) is pleased to provide an update on the previously announced private placement (see news releases dated June 14, 2011 and July 13, 2011) and on operational activities at the Imwauna project, Normanby Island, Milne Bay Province, Papua New Guinea.
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July 13, 2011
PNG Gold Provides Update on Previously Announced $35 Million Financing Price and Amount Raised Set, Closing Expected on July 26, 2011
PNG Gold Corporation (the 'Company' or 'PGK') (TSX Venture: PGK) announces that it has established terms for the previously announced private placement of 46,666,666 common shares at a price of $0.75 per common share for gross proceeds of $35,000,000.
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June 21, 2011
PNG Gold Corporation Graduates to Tier 2 Listing on TSX Venture Exchange
PNG Gold Corporation (the 'Company' or 'PGK') (TSX Venture: PGK) is pleased to announce that the TSX Venture Exchange has issued its Final Exchange Bulletin in respect of the Reverse Takeover transaction described in the Company's Filing Statement dated April 29, 2011 and filed on SEDAR at www.sedar.com
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June 14, 2011
PNG Gold Corporation Provides Corporate Update / Additional Exploration and Development at Imwauna Contemplated / Private Placement Financing Announcement
PNG Gold Corporation ("PNG Gold" or the "Company") (TSXV: PGK) is pleased to outline its exploration, development and financing plans for the Imwauna project, Normanby Island, Milne Bay Province, Papua New Guinea.
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June 13, 2011
PNG Gold Corporation Announces Closing of Business Combination
PNG Gold Corporation ("PNG") (TSX Venture: PGK) is pleased to announce completion of the previously announced business combination (the "Business Combination") between International Silver Ridge Resources Inc. ("Silver Ridge") and NMC Mining Corp. ("NMC").
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June 13, 2011
PNG Gold Corporation Announces Acquisition of Securities of New Guinea Gold Corporation
PNG Gold Corporation ("PNG") (TSX Venture: PGK) announces that, pursuant to the completion of the business combination (the "Business Combination") between International Silver Ridge Resources Inc. ("Silver Ridge") and NMC Mining Corp. ("NMC") announced today, it has acquired beneficial ownership of an aggregate of 26,855,994 units ("NGG Units") issued by New Guinea Gold Corporation.
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A new drill core
Normanby Island local terrain
Alotau, Papua New Guinea from the air