Archive for the ‘News release’ Category


Appointment of JP Hunt as Exploration Manager for Finland projects

John Paul (JP) Hunt has been appointed Exploration Manager – Projects for Newgenco’s activities in Scandinavia.

Working closely with project JV partner First Quantum Minerals and its local subsidiary, Kevitsa Mining, JP’s current focus is on the region surrounding the Kevitsa Ni-Cu-PGE deposit in Finland.

Rebecca Sproule will continue to manage regional reconnaissance exploration within the Fennoscandia Ni-Cu targeting Alliance with First Quantum.


2010 Q3 update on First Quantum Ni-Cu-PGE alliance in Finland

As at the end of Q3 2010, Newgenco Exploration (Fennoscandia) Pty Ltd’s Alliance and Joint Ventures in Finland with First Quantum Minerals report:

An extensive field validation program of regional targets has defined 22 prospects for follow up drilling during the coming winter (2010/11).

Regional reconnaissance exploration continues.


Global Lithospheric Architecture Mapping (GLAM)


Newgenco has joined a number of major exploration companies as a subscriber to the Global Lithospheric Architecture Mapping (GLAM) database products.

GLAM was initiated by WMC Resources and further developed by BHP Billiton, both in collaboration with the GEMOC Key Centre at Macquarie University.

The product is the first systematic attempt to map the Sub Continental Lithospheric Mantle (SCLM) in 4-dimensions, including details of mantle evolution, the trans-lithospheric architecture and history of individual domains.

The Project was initiated to create a breakthrough in exploration success rate for world class ore deposits.

Dr Graham Begg has been the principal researcher of GLAM and has commercialised the products through his company Minerals Targeting International Pty Ltd.


Newgenco at International Platinum Symposium in Sudbury ON


Newgenco director Dr Rebecca Sproule will be attending the 11th International Platinum Symposium in Sudbury, Ontario between 21-24 June 2010.

Please email her on rebeccas@newgenco.net to arrange a meeting if you would like to discuss business opportunities or employment with the newgenco group.


West African Exploration Initiative (WAXI) sponsorship

Newgenco’s recently announced West Africa Ni-Cu-PGE Targeting Alliance will benefit from First Quantum’s sponsorship of the West Africa Exploration Initiative (WAXI) - a collaborative research project operated by AMIRA International Ltd and sponsored by all the major geological surveys and many exploration and mining companies operating in West Africa.

The project provides access to leading edge research on the architecture, geochronology and metallogenesis of the West African Craton.

Initiated in November 2006 to enhance the exploration potential of the Leo-Man Shield, Stage 2 of the initiative commenced on 1st March 2010.


New strategic alliance with First Quantum over West Africa

In March 2010, Newgenco Exploration (West Africa) Pty Ltd (‘NEWA’) signed a 2-year strategic exploration targeting alliance with TSX- and LME-listed First Quantum Minerals to explore for large magmatic nickel-copper-platinum group element  (Ni-Cu-PGE) sulphide resources across a number of countries in West Africa.

First Quantum is one of the world’s fastest growing copper producing companies with a developing commitment to nickel production through its 100% ownership of the Kevitsa Ni-Cu-PGE deposit in northern Finland and the Ravensthorpe Ni-Co laterite operation in Western Australia.


Centre for Exploration Targeting appointments

The Vice-Chancellor of the University of Western Australia has appointed Dr John Simmonds and Dr Rebecca Sproule as Adjunct Research Fellows within the Centre for Exploration Targeting (CET).

Rebecca will work with the the Centre on supporting its Ni-Cu-PGE Mineral Systems research initiative.

John will work with the Centre on supporting its exploration business and Ni-Cu-PGE Mineral Systems research initiatives.


New office address


Located in Wembley since 2007, the newgenco group is moving to Subiaco, where it will be sharing premises with IMX Resources.  From 3rd March 2010, our address will be:

Level 2, Unit 18
100 Railway Road
Subiaco WA 6008 AUSTRALIA

Fax: +61 8 9486 8699
Landline telephone details will be updated in due course


2010 Fennoscandia field program


The Newgenco group is currently preparing for the 2010 exploration field season in Scandinavia in the framework of its Targeting Alliance with First Quantum Minerals.

Personnel responsible for the program are:

Rebecca Sproule – Exploration Manager, Newgenco Exploration (Fennoscandia) Pty Ltd

John Simmonds – Managing Director, Newgenco Pty Ltd


Full Newgenco Board in Toronto for PDAC 2010

The full Board of the Newgenco group will be in Toronto in early March to attend PDAC 2010.

On Tuesday at 14.50, Peter Williams will be presenting a talk on Integrated multidisciplinary high resolution 3D geophysics in brownfields and in-mine exploration: New successful approaches in gold, nickel and uranium districts in the Geophysics session.

If you are interested in talking with us in Toronto over new project or alliance opportunities, please contact us through the links here.


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