Coppermoly Limited (ASX:COY) is an explorer of copper-gold-molybdenum deposits on the island of New Britain in Papua New Guinea. Most surface exploration has been completed and widespread copper/gold mineralisation has been defined close to essential infrastructure. Funds will be used to develop a resource with the aim of taking at least one of these projects to pre-feasibility. 
Peter Swiridiuk, Managing Director since July 2007. Age 43. BSc (Hons), DipEd, MAIG. Mr Swiridiuk has over 20 years experience exploring for VMS style copper deposits in Oman, Cyprus and PNG, copper-gold deposits in Mexico, Solomon Islands and PNG, diamond pipes throughout Australia and coal-copper-gold systems in eastern Australia.
The 20:20 Investor Series brings together local and international mining companies, the investment community (both institutional and private) and related industry services in a highly focused resources investment forum.
Peter Swiridiuk, Managing Director of Coppermoly Limited (ASX:COY), commented "the intersection of copper sulphide mineralisation at Nakru-1 at 97m depth is very encouraging, as it provides us with potential for significant grades of copper beneath a blanket of gold mineralisation. The ground geophysics will help us target further holes to determine tonnage potential of copper.
