Business · Markets · 2 hrs ago
Taruga Minerals prepares 1,000-metre drilling campaign in Papua New Guinea
Taruga Minerals is preparing a diamond-drilling campaign at a gold system in Papua New Guinea.
The planned campaign is about 1,000 metres long and is described as reconnaissance drilling.
The area has had little deep drilling, despite historic high-grade results.
The new work is intended to follow up on those earlier results.
The drilling could provide more information about the gold system.
Taruga is mobilising for the campaign, but no start date or results are given.
Taruga Minerals is preparing a reconnaissance diamond-drilling campaign of about 1,000 metres in Papua New Guinea.
The campaign will target a gold system with little historical deep drilling.
The system has produced numerous high-grade results in historic work.
Stockhead reported on the company’s mobilisation on 12 October 2026.
The Stockhead video was developed in collaboration with Taruga Minerals.
- Who
- Taruga Minerals, an ASX-listed company.
- What
- It is mobilising for an approximately 1,000-metre diamond-drilling reconnaissance campaign.
- When
- Stockhead reported the mobilisation on 12 October 2026; the campaign date is not stated.
- Where
- Papua New Guinea.
- Why
- To follow up a gold system with numerous historic high-grade results and little deep drilling.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
This story does not have a timeline yet.
- Company
- Taruga Minerals (ASX:TAR)
- Campaign length
- Approximately 1,000 metres
- Drilling type
- Diamond drilling
- Campaign purpose
- Reconnaissance
- Location
- Papua New Guinea
- Gold system history
- Numerous historic high-grade results; little deep drilling
Sources
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