QUEENSLAND-BASED COPPERMOLY LTD has released the initial results from a 2008 drilling program carried out at its Nakru-2 project on New Britain Island off Papua New Guinea's north east coast. The overall Mt Nakru tenement encloses a large gold-copper-molybdenum diatreme breccia-porphyry hybrid system at Nakru-1 as well as a breccia-hosted gold-copper-molybdenum one at Nakru-2. Combined, these have defined mineralisation over an area of more than 10 square kilometres.
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