INVESTORS

Why Invest in Crater Gold

  Crater Gold Mining is a diversified gold company
 

What does Crater Gold Mining offer investors?

Opportunity for massive capital gains via ownership of a potential world class gold project in PNG

One of the most successful exploration managers of the last 30 years in PNG

Management with an excellent track record of developing successful gold and copper projects

 

Crater Gold Mining is a diversified gold company well positioned to deliver growth through the discovery of substantial mineral systems and the development of near-term gold operations.

The Company's key assets are located in Papua New Guinea and Australia, namely:

Crater Mountain, PNG – outstanding potential for the discovery of a multi-million ounce world-class gold deposit. An initial small to medium gold producing mine at the High Grade Zone at Crater Mountain.
Croydon, Queensland – advanced stage graphite, gold and polymetallic exploration within the premier Mt Isa- Cloncurry mineral province
Fergusson Island, PNG –   potential for 1Moz gold resource
  Crater Mountain
 

...has early signs consistent with other world class discoveries within the region.

Crater Mountain is the Company's flagship asset.
Lying within PNG's 'ring of fire', the project has outstanding potential to host a world class, multi- million ounce gold discovery.

Crater Mountain comprises three contiguous exploration licences. BHP considered the prospect to be a Tier-1 asset (highest potential, best prospectivity) prior to abandoning PNG for corporate reasons in the 1990's.

To date, four areas of gold mineralisation have been identified, with the most advanced – the Nevera Prospect – containing a high grade, near surface zone. The Company is developing an initial small- to mid-scale shallow, open-pit operation at Nevera in the near-term.

The Company has been conducting a drilling programme at Crater Mountain since November 2010.

Why do we suspect Crater Mountain will become a world class mineral discovery?

Former BHP Tier-1 asset

Within a region rich with world-class mineral discoveries

Coherent gold-in-soil anomaly over 1.5km by 1.0 km

Excellent historic drilling results including

- NEV 02; 121 metres at 1.77 g/t Au
- NEV 05; 151 metres at 1.38 g/t Au
- NEV 08; 178 metres at 1.30 g/t Au
- NEV 18;  284 metres at 0.82g/tAu
- NEV 19; 215 metres  at 1.46 g/tAu

 

 

  Company Snapshot
 

Board and Management

Peter Macnab
Executive Director
Peter heads the Company's exploration programmes throughout PNG. A geologist by background, Peter has an outstanding track record of discovering massive mineral deposits in PNG, including Lihir, Frieda River, Misima, Wafi and Simberi. In total, Peter played a key role in the discovery of projects hosting over 100Moz gold equivalent.

Greg Starr
Managing Director
More than 23 years experience in corporate financial management, primarily focused on the mining and resources sector. Excellent track record of developing projects from discovery through to production.

Company Snapshot
(at 22 October 2013)
ASX Code CGN
Share price 11.5 cents
Market Capitalisation $12.6 million
Shares on issue 136.4 million
52 week high 27.1 cents
52 week low 7.8 cents

The above share price ranges have been adjusted to take into account the 100 for 1 share consolidation that took place in September 2013