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Company Information for Triple Plate Junction Plc

Company stock charts - 12 Month chart

Exchange AIM; TPJ


View full financial data

Company Statement

Triple Plate Junction plc is a gold and mineral exploration company which listed on the Alternative Investment Market on the 19th of January 2004 at which time it completed a fundraising of £4.2 million.

On Listing Triple Plate Junction acquired Larchland Limited, which has interests in Mineral Exploration Licence Applications in Vietnam.

During the first half of 2004 Triple Plate Junction extended its focus it Papua New Guinea signing a number of Joint Ventures and securing three licences with five applications pending.

Triple Plate Junction has secured higly prospective exploration areas which have the potential to host world class gold and copper-gold deposits.

Triple Plate Junction will use its assets to build a significant gold producer, based on continuous identification, assessment, analysis and negotiation of controlling interests in first class gold deposits and areas with exceptional exploration potential.


Current Operations

Initial surveys suggest the areas of interest in Vietnam and Papua New Guinea contain the potential for significant gold deposits.  Many of these targes remain untested by modern exploration methods. In the Pu Sam Cap area (Vietnam), previous work by Normandy Mining Limited (now Newmont) and VRC suggest gold and silver being present in encouraging quantities, which if located in other parts of the world would already have been explored and probably developed into mining operations. The management of Triple Plate Junction is currently working towards full application approval, which after proper exploration may lead to a number of commercial projects. In Papau New Guinea TPJ has assembled an exciting portfolio of projects at a variety of stages on the exploration cycle from conceptual to drilling. This adds real balance to the TPJ's exploration portfolio.

Vietnam
 - Pu Sam Cap
 - Xi Pa & A Bung
 - Lang Vai

Papua New Guinea
 - Crater Mountain
 - Lambuso
 - Oram
 - Wamum
 - Wau Block
 - Wedau


Geographical Spread

Vietnam - Pu Sam Cap, Xi Pa & A Bung, Lang Vai
Papua New Guinea - Crater Mountain, Lambuso, Oram, Wamum, Wau Block, Wedau


Board of Directors and Key Management

Ian Roderick Gowrie-Smith (Chairman, Non Executive Director)
Geoff Walsh (Chief Executive)
David Lees (Finance Director)
Bill Howell (Exploration Director)
Baden Gowrie-Smith (Non-Executive Director)
James Bunyan (Non-Executive Director)

Company Address

5-8 The Sanctuary
London, United Kingdom SW1P 3JS

Telephone:+44 (0)207 340 9970
Email:info[at]tpjunction.com
Website:http://www.tpjunction.com

Capital

Shares in issue - 104,914,795

Year End

31 March

Nominated Brokers

Arbuthnot Securities Limited
Arbuthnot House
20 Ropemaker Street
London
EC2Y 9AR

Nominated Advisors

Arbuthnot Securities Limited
Arbuthnot House
20 Ropemaker Street
London
EC2Y 9AR

Major Shareholders

Thornaby Limited 22.87%
RAB Special Situations Master Fund 10.39%
Vietnam Resource Investments (Holdings) Limited 10.00%
Gartmore Investments Limited 6.51%
Merlin Group Securities Limited 3.36%

Related News

13/09/07 - Triple Plate Benefits From Smelter Cash Flow To Fund Exploration In Vietnam and Papua New Guinea
01/02/07 - Triple Plate Junction Expects Initial Cash Flow From Ndola This Month

Most Recent Statement

31/07/08 - Placing
21/12/07 - Interim Results for six months ended 30 September 2007
22/10/07 - AU$5 MILLION JOINT VENTURE WITH BARRICK IN PNG
24/09/07 - Preliminary Results for the Year ended 31 March 2007
17/07/07 - SIGNIFICANT EXPLORATION PROGRESS IN VIETNAM
24/06/07 - HIGH-GRADE GOLD DRILLING INTERSECTION AT OTIBANDA PROJECT

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