$EMLL Our Projects in Papua New Guinea!!! El Ma
Post# of 53483
[b]$EMLL Our Projects in Papua New Guinea!!![/b]
El Maniel International Inc is currently focused in developing its new ventures in Papua New Guinea
El Maniel International, Inc is currently developing alluvial gold mining opportunities in Papua New Guinea (PNG), a country situated in the region of Australasia. The Capital city of PNG is Port Moresby and is located in the Southern Coast of the mainland. PNG has a total land area of 180,000 square miles and the official language is English. The main exports of PNG are gold, petroleum, copper, palm oil, cocoa, coffee, copra, and timber logs. The main mineral deposits are gold, silver and copper but there are also other recoverable deposits of other minerals such as nickel and cobalt. Alluvial gold occurrences in PNG are mainly found in the East Sepik Province, Enga Province, Madang Province, Eastern Highlands, and Northern Province and in 2009, the total gold production in PNG was recorded at 2.1 million ounces.
The Misima Project: The Misima Project has a total land area of 108 acres and this alluvial gold mining claim situated at the Bulpat Creek of Misima Island is located in the Milne Bay Province of PNG. Based on the geological survey report issued in 2009, the total projected gold reserves for this project site is estimated at 85,784.40 ounces. We had established our base camp and our alluvial gold mining equipment is currently in place for operations. Our expected alluvial gold production recovery rate is 500 ounces per month for the initial three (3) months.
The Enga Project: The 100 acres alluvial gold mining project site is situated at the Timun River of Enga Province in Papua New Guinea (PNG) which has a conservative estimated gold reserve of 270,000 ounces with purity of 76.97% as confirmed by the assay report released through our webcast on August 19, 2011. Our mining team reported that they had identified a suitable location for our base camp and earmarked the best location to erect the alluvial gold processing plant for accelerated pilot mining operations. Our engineer emphasized that it is possible to achieve alluvial gold production rate of 300 to 350 ounces per month during the initial months of pilot operations.
(0)
(0)