LIR Signed by Enga Govt & LOs - Opens Funding, page-3

Thanks Kiwi

If we go back to Keith Goode's analysis on Mt Kare and its comparison to the 28Million Oz Porgera Gold deposit next door, there is significant amount of Gold at Mt Kare and it is expected to be a much larger Gold Deposit than Porgera.

Keith Goode's research, back up what Dr Tony Bugess and Dr Tony Norman (The two geologists who discovered 16Million Oz Of High Grade Gold at Porgera) that Porgera is an eroded version of Mt Kare....

Given the High Grade Gold at Porgera, we can expect to see the same, if not better at Mt Kare!

Click on the link below to read the full Eagle Report by Keith Goode.

http://www.eagleres.com.au/reports?...load&args[0]=2477ec372fa58eabfece40c19880acc3

Now once in the Adit at Porgera, they found Zone 7.....





Once Placer Done who owned Porgera completed their Adit, and Zone 7 was drilled out, it lifted in both Grade (from 10grams per tonne to 30grams per tonne) and the Gold JORC Resource lifted from 1Million Oz to 5Million Oz....





Cheers Nectar