Written by Mark Gordon, Gold Mountain Limited (ASX: GMN).
Gold Mountain (“Gold Mountain” or “the Company”) is set to commence drilling (which will be the first such programme) and bulk sampling activities atthe key Crown Ridge prospect within the Wabag Project (“Wabag” or “the Project”), located 75km ENE of Porgera in the Highlands of PNG – the aim of this work is to estimate an initial JORC 2012-compliant Mineral Resource Estimate (“MRE”) for the interpreted palaeo-alluvial gold mineralisation identified from work to date. The Company will also complete drilling targeting the hard rock potential, the first such drilling in the Project.