Apache-Abba tenements in the Malaumanda region comprises of one granted Exploration License, Malaumanda and Salumei Korosameri with substantial amount of Gold in streams/creeks and gorges within the ELs available for immediate alluvial mining. Both ELs are highly prospective projects with significant unexploited potential and are found within prolific mineral belt, New Guinea Orogenic (Mobile) Cooper- Gold Belt which hosts world class Gold, Copper-Gold-Molybdenum deposits.
Malaumanda Property is no different, given its locality within the prospective belt and characteristics exhibiting entire regime of Magmatic – hydrothermal Copper – Gold system. Projects area shows early signature geological characteristics to host vein controlled high bonanza Gold grades and high Tonnage Cu-Au-Mo deposit. With proper exploration work, it can be quickly develop into another Porgera/Mt Kare or high tonnage Cu-Au deposits like Ok Tedi, Freida/Wafi Golpu.
The properties also shows untapped potential for immediate alluvial mining with most of the creeks and tributary streams carrying with-it alluvial gold. Local prospectors within the ELs currently recovering 5-10grams of Gold on a daily basis and 80-100grams nuggets once on a lucky day only through panning.