"Australia listed Highlands Pacific currently holds an attributable 2.29m ounces of gold at the Frieda River Project, located in the Sandaun Province of Western Papua New Guinea, ranked as one of the world's largest undeveloped copper and gold deposits. The deposits holds a monster 7.5m tonnes of copper, and 14.3m ounces of gold, and at this stage. The main stakeholders are Highlands Pacific, with 16.6%, with 74.9% held by a subsidiary of Xstrata."
IRN Price at posting:
38.9¢ Sentiment: ST Buy Disclosure: Held
