PNG TO INVESTIGATE NEW GOLD DEPOSITS IN ENGA PROVINCE

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PORT MORESBY, Papua New Guinea (January 26, 1999 - Radio Australia)---The Papua New Guinea Government has ordered further investigation of promising new gold deposits in Enga Province.

Mineral Resources Minister Maskey Iangalio said prospecting in the Mount Kare area already has pinpointed recoverable gold reserves of more than four-million ounces.

The Minister ordered exploration to be intensified and predicted reserves of more than 12-million ounces will be identified.

The new gold find is located not far from the existing Porgera gold mine, which has reserves of about 25-million ounces.

The government has urged land-owners to resolve disputes and work to develop a new mine project.

For additional reports from Radio Australia, go to PACIFIC ISLANDS REPORT News/Information Links: Radio/TV News/Radio Australia.

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