Source - SMW
Papua Mining said it intersected wide zones of near-surface gold and silver at its Lighthouse project in Queensland, Australia.

Hole BPL002, for example, intersected 22m at 1.86g/t of gold and 22g/t of sliver.

"We are delighted with this initial round of drilling, which has confirmed that the Plateau Prospect hosts gold grades and mineralisation widths which could potentially meet near-surface, open cut criteria," chief executive David Price said.

At 9:54am: (LON:PML) Papua Mining Plc share price was +0.15p at 1.3p