Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. Viewhere

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
17th Oct 20167:00 amRNSProposed Placing
6th Oct 20161:16 pmRNSExit from Chadine project
4th Oct 20163:27 pmRNSDirectorate Change
27th Sep 20167:00 amRNSOption Agreement
7th Sep 20167:00 amRNSChadine Drilling Results
12th Aug 20167:00 amRNSIssue of Equity - Gokcanica Option Agreement
10th Aug 20167:00 amRNSIssue of Options
8th Aug 20169:00 amRNSChadine Drilling Programme
4th Aug 20168:26 amRNSHolding(s) in Company
27th Jul 201610:27 amRNSDirector/PDMR Shareholding
25th Jul 20168:21 amRNSDirector/PDMR Shareholding
22nd Jul 20162:00 pmRNSFurther re Gokcanica Option Agreement
20th Jul 201611:48 amRNSResult of AGM
12th Jul 20168:50 amRNSDirector/PDMR Shareholding
7th Jul 20167:00 amRNSDirector/PDMR Shareholding
5th Jul 20167:00 amRNSFurther re option agreement
29th Jun 20167:00 amRNSCapital Reorganisation
28th Jun 20167:00 amRNSChadine Drilling Programme
24th Jun 20163:34 pmRNSAnnual Report and Corporate Actions
25th May 20167:00 amRNSOption Agreement
25th May 20167:00 amRNSAcquisition of Moroccan Minerals
26th Apr 20167:00 amRNSSubscription
15th Apr 20164:06 pmRNSOffer for Moroccan Minerals Ltd
29th Mar 20167:00 amRNSOffer for Moroccan Minerals Ltd
11th Mar 201612:29 pmRNSOffer for Moroccan Minerals Ltd
22nd Feb 20167:00 amRNSOffer for Moroccan Minerals Ltd
18th Jan 20167:00 amRNSOffer for Moroccan Minerals Ltd
5th Jan 20164:59 pmRNSDirector Shareholding
23rd Dec 20153:46 pmRNSWamum Project disposal funds received
15th Dec 20157:00 amRNSInterim Results
1st Dec 201510:46 amRNSAgreement signed for potential acquisition
7th Oct 20155:04 pmRNSDirector Shareholding
1st Oct 20157:00 amRNSChange of Registered Office
10th Sep 201510:06 amRNSDirector/PDMR Shareholding
3rd Sep 20157:00 amRNSHolding(s) in Company
1st Sep 201512:00 pmRNSStrategic update
7th Aug 20152:47 pmRNSAppointment of Chairman
24th Jul 20157:00 amRNSDirector Shareholding
21st Jul 201511:28 amRNSDirectorate Change
10th Jul 20151:04 pmRNSResult of AGM
10th Jul 20157:00 amRNSDirectorate Change and Subscription
12th Jun 20157:00 amRNSResults for the year ended 31 March 2015
11th Jun 20157:00 amRNSNotice of AGM
14th May 20154:50 pmRNSHolding(s) in Company
12th May 201510:10 amRNSJoint Venture in Laos with Sahamit Phattana
16th Mar 20157:00 amRNSDirector Changes
13th Mar 20157:54 amRNSSale of Wamum and exit from Manus Island
5th Mar 20158:17 amRNSDirector Changes
12th Jan 20157:00 amRNSProgress Update
1st Dec 20147:00 amRNSInterim report

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.