EXPLORATION

Rawson snaps up frontier block

RAWSON Resources' emerging focus on wildcat exploration in Papua New Guinea has continued to unfold with the junior securing a granted permit in the North New Guinea Basin around the Matapau oil seeps.

Haydn Black

The transaction is for shares equivalent to 10% of Rawson subsidiary Dondonald Limited and around $53,000 in cash. Located near Wewak, PPL 391 complements Rawson's existing permit, PPL 549 in the Aitape...

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