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Tasman prepares to drill Malaumanda
 Nautilus Minerals vessel off the coast of Manus Tasman prepares to drill Malaumanda The company has also undertaken an upgrade of the camp at Malaumanda and has appointed a project manager for its PNG exploration. Tasman has also been awarded EL-1444 (2500 square kilometres), which surrounds the Malaumanda property (located in EL-1235), and has subsequently commenced field work on both permits. All previous work done at Malaumanda has now been digitised and the company has identified targets for an extensive soil and stream geochemistry programme, which will be the precursor to future drilling of possible porphyry copper-gold prospects. The company's forward plan for Malaumanda is to commence a major field programme. A team of field staff had been assembled and commenced work on the large soil geochemical and stream sediment sampling programmes on selected areas of both EL-1235 and EL-1444 permits. The aim had been to identify locations of possible scan, porphyry and nickel-cobalt styles of mineralisation. |
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