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Great Pacific Gold Intersects 7.0 m of 10.3 g/t Au Eq. at Wild Dog

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Great Pacific Gold Corp. (FSXLF) has reported significant drilling results from its Wild Dog Project in Papua New Guinea. The company's first phase drill program intercepted high-grade mineralization, with hole WDG-02 yielding 7.0 meters at 10.3 g/t gold equivalent (5.5 g/t Au and 3.1% Cu) from 65.0m, including 2.0 meters at 14.3 g/t gold equivalent. The program is designed to test high-priority targets over a 3km strike length within a mineralized corridor, with approximately 2,500 metres of diamond drilling planned across 16 holes. The company has completed three drill holes to date, with a fourth in progress. Recent MobileMT geophysics identified a strong conductivity trend extending over 15km in strike and to depths exceeding 1,000 metres. Despite initial challenges with ground conditions in the first hole, subsequent holes showed improved core recovery rates.
Great Pacific Gold Corp. (FSXLF) ha riportato risultati significativi di perforazione dal suo progetto Wild Dog in Papua Nuova Guinea. Il primo programma di trivellazione dell'azienda ha intercettato mineralizzazioni ad alta concentrazione, con il foro WDG-02 che ha restituito 7,0 metri a 10,3 g/t equivalente oro (5,5 g/t Au e 3,1% Cu) a partire da 65,0 metri, inclusi 2,0 metri a 14,3 g/t equivalente oro. Il programma è progettato per testare obiettivi ad alta priorità su una lunghezza di 3 km all’interno di un corridoio mineralizzato, con circa 2.500 metri di perforazioni diamantate pianificate su 16 fori. L'azienda ha completato tre fori fino ad oggi, con un quarto in corso. Recenti indagini geofisiche MobileMT hanno individuato una forte tendenza di conducibilità che si estende per oltre 15 km in lunghezza e a profondità superiori a 1.000 metri. Nonostante le difficoltà iniziali con le condizioni del terreno nel primo foro, i successivi hanno mostrato un miglioramento nei tassi di recupero del nucleo.
Great Pacific Gold Corp. (FSXLF) ha informado resultados significativos de perforación en su proyecto Wild Dog en Papúa Nueva Guinea. El primer programa de perforación de la compañía interceptó mineralización de alta ley, con el pozo WDG-02 que arrojó 7,0 metros con 10,3 g/t equivalente oro (5,5 g/t Au y 3,1% Cu) desde 65,0 m, incluyendo 2,0 metros con 14,3 g/t equivalente oro. El programa está diseñado para evaluar objetivos prioritarios a lo largo de una extensión de 3 km dentro de un corredor mineralizado, con aproximadamente 2.500 metros de perforación diamantina planificada en 16 pozos. La compañía ha completado tres pozos hasta la fecha, con un cuarto en progreso. Recientes estudios geofísicos MobileMT identificaron una fuerte tendencia de conductividad que se extiende más de 15 km en dirección y hasta profundidades superiores a 1.000 metros. A pesar de los desafíos iniciales con las condiciones del terreno en el primer pozo, los pozos posteriores mostraron mejores tasas de recuperación del núcleo.
Great Pacific Gold Corp. (FSXLF)는 파푸아뉴기니의 Wild Dog 프로젝트에서 중요한 시추 결과를 보고했습니다. 회사의 1단계 시추 프로그램은 고품위 광물을 확인했으며, WDG-02 시추공은 65.0m 지점부터 7.0미터 구간에서 금 환산 10.3g/t(금 5.5g/t 및 구리 3.1%)를 기록했고, 그 중 2.0미터 구간에서는 금 환산 14.3g/t를 나타냈습니다. 이 프로그램은 광물화된 지대 내 3km 스트라이크 길이에 걸쳐 우선순위가 높은 목표를 테스트하기 위해 설계되었으며, 총 16개의 시추공에서 약 2,500미터의 다이아몬드 시추가 계획되어 있습니다. 현재까지 3개의 시추공을 완료했으며, 4번째 시추공이 진행 중입니다. 최근 MobileMT 지구물리 조사에서는 15km 이상 스트라이크 방향으로 확장되고 1,000미터 이상의 깊이에 이르는 강한 전도성 경향이 확인되었습니다. 첫 번째 시추공에서 지반 조건 문제로 어려움이 있었지만 이후 시추공들은 코어 회수율이 개선된 것으로 나타났습니다.
Great Pacific Gold Corp. (FSXLF) a annoncé des résultats de forage significatifs pour son projet Wild Dog en Papouasie-Nouvelle-Guinée. Le premier programme de forage de la société a intercepté une minéralisation à haute teneur, avec le trou WDG-02 délivrant 7,0 mètres à 10,3 g/t équivalent or (5,5 g/t Au et 3,1 % Cu) à partir de 65,0 m, incluant 2,0 mètres à 14,3 g/t équivalent or. Le programme est conçu pour tester des cibles prioritaires sur une longueur de 3 km au sein d'un corridor minéralisé, avec environ 2 500 mètres de forage diamanté prévus sur 16 trous. La société a complété trois trous à ce jour, un quatrième est en cours. Des études géophysiques MobileMT récentes ont identifié une forte tendance de conductivité s'étendant sur plus de 15 km en longueur et à des profondeurs dépassant 1 000 mètres. Malgré des difficultés initiales liées aux conditions du sol dans le premier trou, les forages suivants ont montré une amélioration des taux de récupération du carottage.
Great Pacific Gold Corp. (FSXLF) hat bedeutende Bohrergebnisse von seinem Wild Dog Projekt in Papua-Neuguinea gemeldet. Das erste Bohrprogramm des Unternehmens durchteufte hochgradige Mineralisierung, wobei Bohrloch WDG-02 7,0 Meter mit 10,3 g/t Goldäquivalent (5,5 g/t Au und 3,1% Cu) ab 65,0 m ergab, darunter 2,0 Meter mit 14,3 g/t Goldäquivalent. Das Programm ist darauf ausgelegt, hochprioritäre Ziele über eine Streichlänge von 3 km innerhalb eines mineralisierten Korridors zu testen, mit etwa 2.500 Metern Diamantbohrungen, die auf 16 Löcher verteilt sind. Das Unternehmen hat bisher drei Bohrlöcher abgeschlossen, ein viertes ist im Gange. Kürzliche MobileMT-Geophysik identifizierte einen starken Leitfähigkeitstrend, der sich über 15 km in Streichrichtung und bis zu Tiefen von über 1.000 Metern erstreckt. Trotz anfänglicher Herausforderungen mit den Bodenverhältnissen im ersten Bohrloch zeigten die nachfolgenden Bohrlöcher verbesserte Kernrückgewinnungsraten.
Positive
  • High-grade intercept of 10.3 g/t AuEq over 7.0 meters in hole WDG-02
  • Strong conductivity trend identified extending over 15km in strike length
  • Systematic exploration of large mineralized corridor with planned 2,500m drilling program
  • Improved drilling techniques leading to better core recovery in subsequent holes
Negative
  • Initial drilling challenges with poor ground conditions in first hole (WDG-01)
  • Core recovery issues in some sections with highly altered ground
  • Only 10% of the overall 15km Wild Dog structural corridor being tested in Phase 1

Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) (FSE: V3H) ("Great Pacific Gold," "GPAC," or the "Company") is providing an update on its exploration activities at the Wild Dog Project ("Wild Dog" or the "Project"), located on the island of New Britain, in the province of East New Britain, Papua New Guinea ("PNG").

The recently commenced drill program is designed to test high-priority targets over a 3km strike length within the mineralized corridor with approximately 2,500 metres of diamond drilling across 16 planned holes. Prior to the start of drilling, the Wild Dog corridor was flown with MobileMT geophysics, which identified a strong conductivity trend extending over 15km in strike and to depths exceeding 1,000 metres (see news release dated May 7, 2025).

Key Highlights From Current Drilling:

  • Hole WDG-02 targeted sulphide mineralization beneath the historic Central Oxide Pit - an area previously mined for high-grade oxide gold and considered prospective for open-pit development (Figure 1).
  • WDG-02 intercepted:
    • 7.0 meters @ 10.3 g/t AuEq (5.5 g/t Au and 3.1% Cu) from 65.0m;
    • including 2.0 meters @ 14.3 g/t AuEq (10.7 g/t Au and 2.3% Cu) from 65.0m.
  • WDG-03 was drilled 200m south of WDG-02 and targeted sulphide mineralization beneath the historic Southern Oxide Pit. The hole ended at 124m and intercepted multiple intervals of strongly shattered breccia with intense phyllic alteration, grey sulphide and quartz veining, including the main Wild Dog vein structure. Assay results are pending.
  • WDG-04 is underway and being drilled from the same pad as WDG-03, targeting a follow up intercept with the main Wild Dog vein structure.

"The first drill results from our Phase 1 drill program at Wild Dog did not disappoint," stated Greg McCunn, CEO. "We now have a drill rig on the ground, a highly experienced technical team, and the infrastructure support in place to explore the potential of this system. We anticipate steady news flow from our drilling program over the coming months as we systematically test about 10% of the overall 15km Wild Dog structural corridor with our planned Phase 1 drilling."

Callum Spink, Vice President Exploration said, "Intersecting high-grade copper-gold hydrothermal breccia in the first hole is exactly the kind of result we hoped for as we get started on this exciting campaign. We believe we have intercepted the main Wild Dog vein in WDG-03 and we are targeting a further step out in the main vein with WDG-04, which is underway."

A cross section of the geology and the key assay results from WDG-02 are shown in Figure 2 and a complete set of assay results is shown in Table 3.

Results

To-date, the Company has completed three drill holes and Wild Dog, with a fourth in progress. Details of the drilling are shown in Table 1.

Table 1 Wild Dog Drill Hole Details (PNG94 UTM coordinates)

Hole IDEastingNorthingRLDipAziMax Depth
(m)
Status
WDG-01394358.3 9488853.5 945-50 115 40.1Abandoned
WDG-02394426.09489024.2 900-53050124.6Completed
WDG-03394384.99488926.5924-50053127.6Completed
WDG-04394384.89488926.5 924-5075
In-progress

 

Drill hole WDG-01 encountered challenging ground conditions with areas of core loss, highlighting the intensity of the alteration and structural complexity of the Wild Dog system. These conditions prompted rapid refinement of drilling techniques, including the adoption of PQ-sized drilling, improved drilling fluids and revised operational technics tailored to the local geology. A post-hole GPS check revealed a minor offset from the planned collar position. As such, WDG-01 is expected to be redrilled later in the program to capture the intended target.

Subsequent holes have shown steady improvement in core recovery, with WDG-02 encountering fewer issues and WDG-03 and WDG-04 now progressing with strong recovery rates. The first batch of assay results from WDG-02 are shown in Table 2.

Table 2 Wild Dog Drill Hole Key Assay Results

Hole IDFrom
(m)
To
(m)
Interval* (m)Gold
(g/t)
Copper (%)Gold Eq.**
(g/t)
WDG-0265.072.07.05.53.110.3
including65.067.02.010.72.314.25

 

* Drill highlights presented above are core lengths (not true widths).
** Gold equivalent (AuEq) exploration results are calculated using longer-term commodity prices with a copper price of US$4.50/lb, a silver price of US$27.5/oz and a gold price of US$2,000/oz.

WDG-02 Geology

Diamond drill hole WDG-02 was collared in weathered andesite which persisted down the hole to approximately 5 meters. Fresh rock began at 10m and was composed of predominantly lapilli tuff and volcanoclastic conglomerate. From 41.1 meters to 46.6 meters the drilling intersected pervasive silicification with dark silica veining before transitioning back to massive tuff from 46.6 meters to 55.3 meters. Hydrothermal breccia was first intersected at 55.3 meters with the first 9.7 meters to 65 meters downhole having minor occurrences of black sulphide with chalcopyrite.

From 65 meters to 72 meters (7.0 meters) the core showed intense type 3 vein structure with black sulphide veining and coarse chalcopyrite and bornite. Gold grade averaged 5.5 g/t over this interval with 3.1% copper for a gold equivalent of 10.3 g/t.

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WDG-02 64-67m coarse chalcopyrite and bornite.

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From 72m through 93.1m, drilling intercepted a mix of hydrothermal breccia and massive tuff before entering a second zone of hydrothermal breccia with dark sulphides and both fine grained and coarse chalcopyrite from 93.1m to 99.1m. Generally, core recovery was poor in this section with the ground highly altered.

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WDG-02 79m hydrothermal breccia with dark sulphidic quartz.


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WDG-02 94.6m Banded white-grey quartz vein.

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From 99.1m to 105m, drilling encountered a fault structure / void where no core was recovered before entering back into hydrothermal breccia from 105.1m to 110m. The intercept contained dark suphides with traces of chalcopyrite.

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WDG-02 105.1m banded grey quartz.

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For 110m through to the end-of-hole at 124.6m, the drill core consisted mainly of tuff with some minor brecciated material and coarse pyrite.

On behalf of Great Pacific Gold
Greg McCunn, Chief Executive Officer and Director

For further information visit gpacgold.com or contact:
Email: info@gpacgold.com
Tel: +1 778 262 2331

Qualified Person

The technical content of this news release has been reviewed, verified and approved by Callum Spink, the Company's Vice President, Exploration, who is a member of the Australian Institute of Geoscientists, MAIG, and a Qualified Person as defined by National Instrument NI 43-101 Standards of Disclosure for Mineral Projects. Mr. Spink is responsible for the technical content of this news release.

Quality assurance/quality control

The Company follows industry-recognized standards of Best Practice and Quality Assurance/Quality Control. Samples were submitted to Intertek Minerals Ltd. (ISO: 9001), located in Lae, Papua New Guinea in sealed in poly-weave bags using single use tie-locks, thereby ensuring chain of custody, for fire assay and ICP analysis. To date all batches have passed QAQC within acceptable tolerance limits. All diamond holes were drilled predominantly in HQ and PQ diameter. Core recovery was 83% for WDG-02.

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Figure 1 Proposed Phase I drill program at Sinivit - Kavasuki targets, Wild Dog structural corridor.

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Figure 2 Cross section showing WDG-02 geology and key intercepts.

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Table 3 WDG-02 Complete Assay Results

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About Great Pacific Gold

Great Pacific Gold has a portfolio of exploration-stage projects in Papua New Guinea ("PNG"). The Company is focused on developing gold-copper resources from its highly prospective land packages. Its core projects include:

  • Kesar Project: located in the Eastern Highlands province of PNG and contiguous with the mine tenements of K92 Mining Inc. ("K92"), the Kesar Project is a greenfield exploration project with several high-priority targets in close proximity to the property boundary with K92. Multiple epithermal veins at Kesar are on strike and have the same orientation as key K92 deposits, such as Kora. Exploration work to date by the Company at the Kesar Project has shown that these veins have high grades of gold present in outcrop and very elevated gold in soil grades, coincident with aeromagnetic highs. The Company is carrying out an ongoing diamond drill program on key target areas at the Kesar Project.
  • Wild Dog Project: located in the East New Britain province of PNG, the Wild Dog Project is a brownfield exploration project with a history of small-scale gold mining. The Wild Dog Project contains numerous epithermal and porphyry hydrothermal-magmatic targets evidenced by previous exploration and operations. The Company completed a road refurbishment in August 2024 and baseline environmental work in Q4 2024. In Q1 2025, the Company began preparing for a drilling program with camp and infrastructure being established, airborne geophysics (MobileMT) survey completed and a geological team in place. A first phase of diamond drilling is underway on the property.
  • Arau Project: located in the Eastern Highlands province of PNG, the Arau Project contains the highly prospective Mt. Victor exploration target with potential for a high sulphidation epithermal gold-base metal deposit. A Phase 1 Reverse Circulation drilling program was completed at Mt. Victor in August 2024, with encouraging results. The Arau Project includes the Elandora licence, which also contains various epithermal and copper-gold porphyry targets.

The Company also holds the Tinga Valley Project in PNG.

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Great Pacific Gold cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by many material factors, many of which are beyond their respective control. Such factors include, among other things: risks and uncertainties relating to Great Pacific Gold's limited operating history, its exploration and development activities on its mineral properties and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Great Pacific Gold does not undertake to publicly update or revise forward-looking information.

Mineralization at the properties held by K92 Mining is not necessarily indicative of mineralization at the Kesar Project.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254581

FAQ

What were the key drilling results from Great Pacific Gold's (FSXLF) Wild Dog Project?

The key result was from hole WDG-02, which intercepted 7.0 meters at 10.3 g/t gold equivalent (5.5 g/t Au and 3.1% Cu) from 65.0m, including 2.0 meters at 14.3 g/t gold equivalent.

How many drill holes has Great Pacific Gold completed at Wild Dog?

The company has completed three drill holes (WDG-01, WDG-02, and WDG-03) with a fourth hole (WDG-04) currently in progress.

What is the scope of Great Pacific Gold's Phase 1 drilling program at Wild Dog?

The Phase 1 program includes approximately 2,500 metres of diamond drilling across 16 planned holes, testing high-priority targets over a 3km strike length.

What technical challenges did Great Pacific Gold face in their Wild Dog drilling program?

The first hole (WDG-01) encountered challenging ground conditions with areas of core loss, leading to the adoption of PQ-sized drilling, improved drilling fluids, and revised operational techniques.

What was the average core recovery rate for hole WDG-02 at Wild Dog?

The core recovery rate for WDG-02 was 83%, with subsequent holes showing improved recovery rates.
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