MiningNewsBreaks – Numa Numa Resources Inc. Advances Diversified Portfolio in Bougainville

Disseminated on behalf of Numa Numa Resources Inc. and may include paid advertisements.

Numa Numa Resources is advancing an integrated mining and infrastructure portfolio in Bougainville centered on the planned reconstruction of the historic Panguna Mine, a major copper-gold deposit with substantial remaining resources. The company is working with customary landowners to advance Panguna while positioning major mining companies as future development and operating partners. Beyond Panguna, Numa Numa is pursuing exploration opportunities at Mainoki and Karato, developing the Manetai Limestone and Lime Project to support regional mining operations, and advancing the Bougainville Power & Light Project, which could provide up to 10 megawatts of hydroelectric and solar power. Together, the projects are designed to combine resource development with the industrial inputs and infrastructure needed to support long-term mining activity in Bougainville.

To view the full article, visit https://ibn.fm/BJfLT

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://ibn.fm/NUMA

About MiningNewsWire

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