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News and Announcements

Petrology Confirms Porphyr Copper-Gold at Crater Mountain

  • Published January 03, 2013 9:17PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Gold Anomaly (ASX: GOA) has received a final report on the petrology and mineralogy of drill core from hole NEV033 at the Nevera Prospect at the flagship Crater Mountain project, Papua New Guinea (PNG). The report by Mr Anthony Coote of Applied Petrologic Services & Research in New Zealand (“APSAR”), includes a detailed discussion of his findings which confirm and highlight the drill hole’s proximity to a nearby major porphyry copper-gold system. This confirms that the Nevera prospect has three distinct geological zones of potential; the Mixing Zone, the High grade zone and now the copper-gold porphyry zone.

Gold Anomaly’s final drill hole of its last drill program, NEV033, was a deep hole collared down-slope from NEV020, with the distinction of being the first drill hole since the initial BHP drilling program sited specifically to target porphyry copper-gold.

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