Good night my family. I was. Just thinking about the Post Courier report landowners becoming owners of the resources on Re+oppening the Bougainville Copper mine. I want to float the idea the Goilala District should look at the Option of owning Part of the Tolokuma Gold mine.
I am reliably informed that the blocks adjacent to the mine site is currently being explored. Results are promising. At one stage I lodged in a licence to explore the near Mt Victoria. I went up for consultation with the landowners to get their consent just south west of Mt Victoria – Ononge station on northwest. No one was in the village every body abandoned the village, its seems long time ago. I returned without consultations and did not get the licence from MRA to explore the area. What I had in mind was that if there were good find leading to a possible mining; I would offer free carry interest for the landowners possibly 5-10 %. If the landowners want a larger stake we could arrange for buy in over time for their interest for a large stake.
This is a thought that our leaders up in Tolokuma area could discuss with Petromin. Im sure the Managing Director/CEO and his mining Chief Geologist Dr Wilfred Lus will give you a fair hearing to look for options. Advice them that it is an option you the elites of Goilala have been thinking over the years. This is going to be a new trend in Government policy so it would very much help if our Member could flag the idea with the PM and the MD of Petromin who have ownership of the mine. If such an option is explored now it will help in the long term. Income generated for such an arrangement could assist with our development efforts in the district.
Just a thought to think about for further consideration.