Morumbi Oil & Gas Inc. reported that it is to begin an exploration program at its Popondetta property in Papua New Guinea. The Popondetta property consisting of 341 sq km has tremendous exploration potential and is in the highly prospective Owen Stanley Range of Papua New Guinea. The Owen Stanley Range is host to a number of world class gold-copper porphyry and high level epithermal gold deposits. The property is almost totally surrounded by Goldminex Resources Limited which has recently completed an option agreement with Vale to advance their property. The same structures rock types and alteration has been found on the Popondetta property as well and will be the focus and attention of the exploration program.

A team is being assembled to begin working immediately on the property. The initial exploration program includes geological mapping, prospecting, soil and lithogeochemical sampling and ground geophysical surveys (magnetic and IP).

Morumbi is also proud to announce that Mr. Robert Campbell, M.SC., P.Geo., has agreed to join the Board of Directors of Morumbi. Mr. Campbell is a seasoned geologist with over 30 years experience in mining and exploration in the America's and Austral-Asia. Mr. Campbell is currently the senior geological executive at Largo Resources and has also worked at Lac Minerals and Noranda.

Tags: Morumbi Oil & Gas