Disseminated on behalf of Numa Numa Resources Inc. and may include paid advertisements.
Numa Numa Resources is positioning for opportunity, as the Panguna Mine, being redeveloped by the company and its landowner partners, has massive amounts of copper and gold as well as an attractive infrastructure. “Numa Numa’s operations in Bougainville are multifaceted, encompassing not only mining for precious metals like copper and gold but also redeveloping key infrastructure assets like the Manetai lime quarrying and calcination project, an asset necessary for separating gold from copper in a concentrator, which is also a key element in rebuilding Bougainville’s economy,” reads a recent article. “Numa Numa’s initiatives will enable Bougainvilleans to not only achieve prosperity but independence. In the evolving global mining landscape, regions rich in untapped resources present significant opportunities for companies with management teams devoted to spending years onsite developing them. Numa Numa Resources has done so over the last 10 years in the Autonomous Region of Bougainville, currently a political unit of Papua New Guinea. As a result, the company has strategically positioned itself to capitalize on the spectacular potential of this resource-rich South Pacific archipelago.”
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About Numa Numa Resources Inc.
Numa Numa is a mining and infrastructure development company focused on unlocking transformational opportunities in the Autonomous Region of Bougainville, where the company is headquartered and where its management has lived and worked for 10 years.
Bougainville, a resource-rich archipelago in the South Pacific, is perhaps best known as the home of the Panguna Mine. Developed by Rio Tinto, the Panguna Mine was the largest open cut copper and gold mine in the world when it operated from 1972 to 1989 before being shuttered due to a civil war, called “the Crisis,” between Bougainville and its parent government Papua New Guinea. In 2001, the Bougainville Peace Agreement ended the war and awarded Bougainville limited autonomy, including its own constitution, by which ownership of the mine reverted to its customary landowners. A majority of the Panguna Mine’s copper, gold, and silver ore resources remain within its walls, making the fully explored and developed Panguna Mine one of the largest ore bodies in the world, today worth approximately $100 billion. Most geologists who have studied Bougainville believe that other nearby locations such as Mainoki and Karato are highly prospective and may contain ore deposits similar in size and scale to those of the Panguna Mine.
NOTE TO INVESTORS: The latest news and updates relating to Numa Numa are available in the company’s newsroom at https://nnw.fm/NUMA
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