Commencement of Drilling on March 25, 2022
66 Wellington St W Suite 4100
Toronto, Ontario
M5K 1B7 Canada
PNG Copper Inc. Announces Commencement of Drilling
Toronto, ON, Canada (March 25, 2022) – PNG Copper Inc. (CSE:PNGC) (“PNG Copper” or the
“Company”) is pleased to report that the previously announced program to drill the Doriri nickel-
palladium prospect on the PNG Copper property has commenced with the first hole starting
today. The program is the completion of four cored drill holes for a total of 235 meters. This
round of drilling will expand upon ten mineralized costean and four mineralized intersections
from four drill holes obtained from the exploration of the prospect between 2007 and 2012. The
drilling program is targeted for completion before the end of April, 2022.
About PNG Copper Inc.
PNG Copper Inc. is a mineral exploration company focused on acquiring, exploring, and
developing quality mineral properties in Papua New Guinea. The Company’s core values are
respect for the Community, the Landowners, the environment and operating a safe workplace
for its employees. The Company is also committed to best practice standards of Corporate
Governance.
For further information please visit the Company’s website at pngcopper.ca or contact:
PNG Copper Inc.
Paul Rokeby, Chief Financial Officer
Tel: +1.705.465.1880
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of
the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in
the United States of America. The securities have not been and will not be registered under the United States Securities Act
of 1933, as amended (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States
or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the
1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian
Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This Press Release contains forward-looking information within the meaning of applicable securities laws. When used in
this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “targeted”
and similar expressions are intended to identify forward-looking statements. Forward-looking information in this news
release includes, but is not limited to, information concerning the commencement of drilling on PNG Copper property and
the targeted date of completion of drilling, the Company’s objectives, goals or future plans, statements. Since forward-
looking statements are based on assumptions and address future events and conditions, by their very nature they involve
inherent risks and uncertainties which may cause actual results to differ materially from the statements made.
These assumptions include industry assumptions relating to, the price of copper, gold and other metals, currency and
interest rate fluctuations, and assumptions concerning mineralization, mineral recoveries, the ability to conduct exploration
66 Wellington St W Suite 4100
Toronto, Ontario
M5K 1B7 Canada
activities in Papua New Guinea, and assumptions concerning COVID-19. Factors that could cause actual results to vary from
the Company’s stated expectations include, but are not limited to, mineral price and exchange rate fluctuations, increased
competition and general economic and market factors, potential mineralization not being as anticipated, uncertainties
inherent in the estimation of mineral resources, exploration and mine development plans, timing of the commencement of
operations and estimates of market conditions, failure to identify mineral resources, failure to convert estimated mineral
resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary
nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other
project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future,
changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the
development of projects, capital and operating costs varying significantly from estimates.
Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this
news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of
this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The
Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of
new information, future events or otherwise, other than as required by law.