If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTethyan Resources Regulatory News (TETH)

  • There is currently no data for TETH

Manus Island Update

12 Feb 2013 08:10

RNS Number : 6785X
Triple Plate Junction Plc
12 February 2013
 



Triple Plate Junction Plc

("TPJ" or the "Company")

 

Newcrest Joint Venture - Manus Island Project

Arie Porphyry Prospect - Drilling Results -

Change of Registered Office

 

TPJ, the AIM-listed exploration company focused on South East Asia, has received assay results for the three holes drilled at the Arie porphyry copper-gold prospect on Manus Island, Papua New Guinea. The three holes complete an initial diamond drilling exploratory programme totalling 1,414 metres conducted by TPJ's joint venture partner Newcrest PNG Exploration Limited, a subsidiary of Newcrest Mining Limited (ASX:NCM) one of the world's leading gold companies.

 

The three inclined holes, collared at spacings of about 350m and 200m respectively, returned low-grade but extensive copper-gold mineralization, including narrow significant copper values of 1-2% in isolated 1m core samples.

 

Hole AD0001adrilled to a depth of 528m intersected 518m of 0.16% Cu and 0.06g/t Au from 2m, including 15.0m of 0.29% Cu and 0.06g/t Au from 275m, and 12.31m of 0.4% Cu and 0.06g/t Au from 376m.

 

Hole AD 0002drilled to a depth of 405m intersected 357m of 0.23% Cu and 0.07g/t Au from 12m, including 11.7m of 0.5% Cu and 0.18g/t Au from 199.3m; 12.0m of 0.44% Cu and 0.13g/t Au from 252m; 16.2m of 0.40% Cu and 0.06g/t Au from 302m, and 15.2m of 0.39% Cu and 0.08g/t Au from 354.2m.

 

Hole AD0003drilled to a depth of 481m intersected 422m of 0.24% Cu and 0.06g/t Au from 8m, including 12.0m of 0.47% Cu and 0.13g/t Au from 261m and 95.0m of 0.39% Cu and 0.10g/t Au from 309m.

 

Following receipt of a cash call for the Company's contribution to the Manus Island project joint venture costs to the end of September 2012 the Company has elected to not contribute its pro rata amount and accordingly to have its participating interest in the Manus Island JV project diluted from 15.2% to 11.73%. A further cash call for work undertaken at the JV project for the quarter period ending 31 December 2012 is expected in due course.

 

Mt Dremsel Prospect - Lithocap Mapping and Sampling

 

The mapping and sampling of the Mt Dremsel Range lithocap has been completed. The rock and spectral analyses and the soil geochemistry indicate anomalous areas near Mt Dremsel and Mt Tapalow. A review of the Mt Dremsel lithocap rock and soil geochemistry will be undertaken in conjunction with the spectral lithocap mineralogy, geological mapping and heli-magnetic data.

 

NOTE: The results in this announcement are reported on the basis of greater than 10m down-hole intercepts grading > 0.1% Cu and containing less than or equal to 17m of continuous < 0.1% Cu internal waste in the case of Hole AD0001a, and less than or equal to 9m of continuous < 0.1% Cu internal waste in the case of Holes AD0002 and AD0003.

 

 

 

 

Change of Registered Office

 

The Company announces that the new registered office of the Company is at c/o Gowlings (UK) LLP, 15th Floor 125 Old Broad Street, London EC2N 1AR.

 

Enquiries

 

Triple Plate Junction plc

+44 (0)7775 693 237

Fraser McGee

 

finnCap Ltd

+44 (0)20 7220 0500

Matthew Robinson/Christopher Raggett

 

 

Competent Person Review

 

TPJ Exploration Director Bill Howell, as a Fellow of the Australasian Institute of Mining and Metallurgy and with 45 years of relevant experience in mineral exploration including more than 40 years in porphyry copper-gold exploration, is qualified as the Competent Person for the purposes of this release. He has reviewed and approved its contents.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCGGURUPUPWURP
Date   Source Headline
8th Nov 201710:14 amRNSDirector/PDMR Shareholding
7th Nov 20178:00 amRNSDirector/PDMR Shareholding
2nd Nov 20173:41 pmRNSAppointment of CEO
2nd Nov 20172:45 pmRNSResults of Geophysics
1st Nov 20171:47 pmRNSResult of General Meeting
31st Oct 20174:07 pmRNSDirectorate Change
16th Oct 201712:29 pmRNSPosting of General Meeting Circular - Replacement
5th Oct 20177:00 amRNSPosting of General Meeting Circular
26th Sep 20177:00 amRNSGeophysical Surveys Completed
22nd Sep 20177:00 amRNSGeneral Meeting Date
14th Sep 20177:00 amRNSResults of New Drill Holes at Rudnitza
8th Sep 20178:00 amRNSProposed Delisting from AIM & Share Consolidation
5th Sep 20177:00 amRNSChange of Eligibility for Stamp Duty Exemption
4th Sep 20177:00 amRNSListing on TSX Venture Exchange
30th Aug 20177:00 amRNSMD&A
30th Aug 20177:00 amRNSHalf-year Report
25th Aug 20177:00 amRNSDirectorate Change
18th Aug 20172:30 pmRNSUpdate on TSX-V Secondary Listing
12th Jul 20177:00 amRNSUpdate on TSX-V Secondary Listing
3rd Jul 201710:43 amRNSAppointment of Financial Controller
3rd Jul 20177:00 amRNSDrilling Programme Completed at Rudnitza
27th Jun 20177:00 amRNSResult of AGM and Appointment of non-exec Chairman
22nd Jun 20173:30 pmRNSDirectorate Change
13th Jun 20177:00 amRNSSuva Ruda Update
2nd Jun 201710:00 amRNSFinal Results
19th May 20179:54 amRNSRe: TSX-V Listing and Related Party Transaction
25th Apr 201710:35 amRNSCommencement of Drill Programme at Suva Ruda
11th Apr 20177:00 amRNSCommencement of Drilling Programme in late April
28th Mar 20177:00 amRNSEquity placing of £1 million
28th Feb 20177:00 amRNSFurther re: Option Agreement on Suva Ruda
17th Feb 201711:11 amRNSDirector/PDMR Shareholding
7th Feb 201710:17 amRNSDirector/PDMR Shareholding
1st Feb 20171:32 pmRNSDirector/PDMR Shareholding
27th Jan 201711:00 amRNSDirector/PDMR Shareholding
25th Jan 20177:00 amRNSResults of Remaining 3 Drill Holes at Rudnitza
16th Jan 20177:00 amRNSResults of First Drill Hole at Rudnitza
21st Dec 201611:17 amRNSHolding(s) in Company
21st Dec 201611:12 amRNSIssue of Options
19th Dec 20169:25 amRNSHolding(s) in Company
16th Dec 20167:00 amRNSAppointment of Directors
15th Dec 20164:22 pmRNSHolding(s) in Company
15th Dec 20164:21 pmRNSHolding(s) in Company
14th Dec 20167:00 amRNSDrilling Completed on the Rudnitza Prospect
12th Dec 201612:28 pmRNSResult of General Meeting
7th Dec 20167:00 amRNSHalf-year Report
22nd Nov 201610:54 amRNSSubscription and Notice of General Meeting
21st Nov 20167:00 amRNSFinancing and Director Appointments
17th Nov 20167:00 amRNSChange of Adviser
1st Nov 20161:37 pmRNSSuva Ruda drilling update
18th Oct 20167:00 amRNSProject Update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.