Goldminex Resources Limited (ASX: GMX) is a leading Papua New Guinea focused mineral exploration Company working towards discovering large scale Gold, Copper and Nickel deposits.
Goldminex is currently exploring 9,000km² of highly prospective under-explored terrain across three project areas:
- Vale/GMX Joint Venture (Vale earning 51% for $20m over four years)
- Nickel (100% GMX)
- Gold & Copper (GMX 100%)
The mining friendly country of Papua New Guinea plays host to a number of world class deposits including Ok Tedi, Porgera, Hidden Valley and Wafi-Golpu, with a number of the world’s largest mining groups having significant operations on the ground.
PNG also has an excellent, long established mining law and an increased sense of political security due to the newly elected stable, democratic Government.