On January 31, 2008, the planned reorganization of the Papua New Guinea exploration assets, Mt Nakru and Simuku copper molybdenum projects was realized with the successful Initial Public Offering of Coppermoly Limited which raised AU$8M on the Australian Securities Exchange.Vangold holds a significant stake in Coppermoly Ltd.

COPPERMOLY PROPERTIES
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MT. NAKRU - Gold, Copper

SIMUKU - Gold, Copper

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