Jack Travol
Jul 20, 2020
Morobe Province,
$ 700,000
About Project
Once the ore body has been reached — which we are targeting before the end of February — production will formally commence. At that stage, our excavators will be positioned on established benches within the open pit, loading blasted ore directly into haul trucks. These trucks will transport the gold-bearing material to the ROM (Run-of-Mine) pad, where it will be stockpiled and prepared for processing.
Geological Setting – Wau & Bulolo Goldfields
The Wau and Bulolo districts remain some of the most prospective regions in Papua New Guinea, characterised by vein-hosted gold and copper deposits that are suitable for large-scale extraction.
These deposits were formed by geological processes deep within the Earth’s crust. Over time, erosion of hard-rock sources produced extensive alluvial deposits, where gold was transported, recycled, and naturally concentrated into grains and nuggets within surface sediments through both physical and chemical weathering processes.
Regional Mining Context & Strategic Opportunity
While large-scale commercial mining has previously taken place in areas such as Hidden Valley Mine, located approximately 300 km northwest of Port Moresby, it is important to note that several regions across Papua New Guinea currently face challenges stemming from recent cyclone activity.
In the aftermath of these hazardous weather events, some historically productive gold-copper mining areas were abandoned or suspended, with significant remediation efforts undertaken. Unfortunately, this disruption has also led to the emergence of illegal mining activities in certain locations.
Our decision to operate within this particular corridor involved measured risk, but it has simultaneously created a strategic advantage. Reduced competition from larger mining companies — which typically displace or marginalise smaller operators — has opened a window of opportunity for us to advance our project with greater control and efficiency.
This same risk profile has understandably caused hesitation among some investors I approached earlier.
Ultimately, however, I chose to move forward decisively — grabbing the bull by the horns — because the geological fundamentals, reduced competition, and timing of the market present a compelling upside.
1. Skilled Engineer
Experienced mining engineers lead the planning, design, and execution of operations.
2. Mining Technology
Advanced technologies such as automated equipment, geological mapping tools, drilling systems.
3. Coal Cumulation
Extracted coal is strategically collected, processed, and stockpiled through efficient material-handling systems
4. Closure & Reform
Once mining is complete, land reclamation and environmental restoration processes are implemented to stabilize the site.
Final Results
These varied geological environments have produced some of Africa’s most significant gold districts, as well as important deposits of other precious metals and gemstones.