One of the key advantages of the Wabag Project is its location in close proximity to existing mining infrastructure in PNG
One of the key advantages of the Wabag Project is its location in close proximity to existing mining infrastructure in PNG. The project is situated near major highways and power supply lines, providing easy access to essential re- sources and facilitating future development. Additionally, Gold Mountain Ltd benefits from a favorable operating environment in PNG, where mining plays a critical role in the country’s economy. The company’s long-term vision is to become a major gold and copper producer in the Pacific region, leveraging its exploration success to transition from an explorer to a developer.Gold Mountain Ltd has been conducting extensive exploration activities at Wabag, including geological mapping, sampling, geophysical surveys, and drilling programs. The company’s technical team has identified multiple mineralized zones across the project, with high-grade gold and copper intersected in several drill holes. The company’s drilling campaign has intersected broad zones of copper and gold, confirming the project’s potential as a large- scale, porphyry-style deposit. This discovery has positioned Wabag as a major exploration project with the potential to evolve into a world-class mining operation.