Great Pacific Gold Unveils Focused Exploration Plans Ahead
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Great Pacific Gold's Strategic Exploration Focus
Great Pacific Gold Corp. ("Great Pacific Gold," "GPAC," or the "Company") (TSXV: GPAC) (OTCQX: FSXLF) (Germany: V3H) is embarking on a new phase in its exploration strategy. This refreshed focus aims at intensifying the development of gold-copper resources primarily in its core projects located in Papua New Guinea and Victoria, Australia.
Key Assets and Projects
Here's a closer look at the Company's significant mining projects:
Kesar Project
The Kesar project, found in the Eastern Highlands province of Papua New Guinea, is positioned next to K92 Mining’s mine tenements. It stands out as a prime greenfield exploration site with multiple high-priority targets nearby. Exploration has revealed high grades of gold within epithermal veins that mirror the configurations of K92's key deposits. Recently, a phase two sampling initiative was concluded, with assay results forthcoming.
Arau Project
Arau, also located in Papua New Guinea, encompasses the promising Mt. Victor exploration target, which points towards a high-sulfidation epithermal gold-base metal deposit. Following a successful Phase 1 Reverse Circulation drilling program, there are anticipations of uncovering significant mineralization at Mt. Victor.
Wild Dog Project
The Wild Dog project, situated in New Britain's province, offers a history of small-scale gold mining, evident from its numerous epithermal and porphyry hydrothermal-magmatic targets. The Company has recently refurbished access roads, permitting essential baseline environmental evaluations to start along with exploration activities.
Lauriston Project
In Victoria, Australia, the Lauriston project is strategically positioned near Agnico Eagle’s mining operations and is home to the Comet-Trojan target, which features a substantial epizonal orogenic system. The drilling results to date, including a substantial intersection of gold, provide optimism for this endeavor.
Walhalla Project
The Walhalla project encompasses an expansive 1,400 km² of concessions, highlighting a significant historical mining operation, alongside the newly acquired Woods Point land package. It boasts a high-priority greenfield target known as Pinnacles, where extensive geochemical analysis detected a promising gold mineralized structure, and drilling permissions are in place.
Company's Vision and Future Plans
CEO Greg McCunn expressed enthusiasm about transitioning from acquiring high-quality assets to developing them into measurable mineral resources. The Tinga project, although recently acquired, presents long-term value potential that the Company looks to exploit, alongside its primary focus on better-known assets.
Additionally, Great Pacific Gold is currently evaluating its non-core assets in Australia with an emphasis on maximizing value. This could involve strategic moves such as asset sales or potential project spinouts.
Contact Information
For further details, Great Pacific Gold encourages inquiries via:
Adam Ross, Investor Relations,
Direct: (604) 229-9445
Toll Free: 1(833) 923-3334
Email: info@greatpacificgoldcorp.com
Frequently Asked Questions
What is Great Pacific Gold's main business focus?
Great Pacific Gold is concentrated on exploring and developing gold-copper resources in Papua New Guinea and Australia.
What recent changes has Great Pacific Gold made to its strategy?
The Company is now focused on advancing its core exploration projects rather than acquiring new properties.
Where are the Company’s key projects located?
Major projects are located in Papua New Guinea and Victoria, Australia, with notable assets like Kesar, Arau, and Lauriston.
What makes the Lauriston project significant?
Lauriston is near prominent mining operations and has demonstrated promising drilling results in gold intersections, showcasing its potential.
How can investors reach out for more information about Great Pacific Gold?
Investors can contact Adam Ross, Investor Relations, by phone or email for detailed inquiries about the Company.
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