The company has about 2,400km² comprised in twelve exploration licenses in Papua New Guinea with 11 of them being the island of New Britain.
It has so far defined three main anomalies, including the Flying Fox, Junction and Tripela drill targets.
The company has completed more than 4,000m of diamond drilling at the three targets.
First phase of drilling at Tripela was completed last week, and analysis showed broad zones of copper mineralization indicating deeper copper-gold deposits.
The EL2051 block results are from the samples collected during March and April. Of 328 samples collected, 28 had gold values higher than 1g per ton Au and 13 were over 5g per ton Au.
