About Papua Mining plc

Through its subsidiaries, the Papua Mining Group holds four Exploration Permits for Minerals in Queensland, Australia and three Exploration Licences on the island of New Britain in Papua New Guinea.

The Group’s strategy is to explore for and, where the Directors believe that it is commercially feasible, develop deposits of gold and/or copper within the territories of Australia and PNG. It is the Group’s intention to conduct its activities in a professional and responsible manner, for the benefit of the Company’s shareholders, its employees and the national and local communities within which it operates.