Welcome to our dedicated page for Great Pacific Gold news (Ticker: FSXLF), a resource for investors and traders seeking the latest updates and insights on Great Pacific Gold stock.
Great Pacific Gold Corp. (OTCQX: FSXLF) generates frequent exploration-focused news as it advances its portfolio of gold-copper projects in Papua New Guinea. Company releases highlight drilling progress, geophysical survey results, asset divestitures and corporate developments tied to its TSX Venture-listed shares (GPAC) and OTCQX listing (FSXLF).
A major source of news is the flagship Wild Dog Project on the island of New Britain in East New Britain Province, PNG. Updates cover the Phase 1 diamond drill program at the Sinivit target, including reported high-grade gold-copper-silver intercepts, step-out drilling along the Wild Dog structural corridor and interpretation of MobileMT geophysics that outlines a 15 km epithermal system with depth potential exceeding 1,000 meters. Additional releases describe plans to mobilize extra drill rigs and prioritize targets such as Kavasuki and the Magiabe copper-gold porphyry.
Regular news also addresses the Kesar and Arau projects in the Eastern Highlands Province, where Great Pacific Gold has reported greenfield and brownfield exploration work, including diamond and reverse circulation drilling on epithermal and high sulphidation targets. Corporate news items include the proposed spin-out of the Walhalla Gold Project in Victoria, Australia, asset sale updates, annual general meeting results and senior management changes.
Investors following FSXLF news can use this page to review drill results, project updates, transaction announcements and other disclosures drawn from the company’s official releases. Bookmark this feed to monitor how Great Pacific Gold’s exploration programs and corporate actions evolve over time.
Great Pacific Gold announced the completion of its acquisition of Tinga Valley Copper & Gold, thereby adding a substantial land position in Papua New Guinea. The Tinga Valley Property, spanning 347 sq km, shares a similar geological setting with the renowned Ok Tedi Copper-Gold Mine. The property is highly prospective for porphyry copper-gold and skarn mineralization, with historical exploration revealing significant copper and gold grades. GPAC issued 12.5 million common shares to Tinga shareholders and 600,000 shares to its financial advisor, Clarus Securities, in connection with the transaction. The exploration is set to begin in 2024, aiming to unlock major copper and gold potential.
Great Pacific Gold Corp. has reported multiple high-grade gold assays from the Kesar Creek Project in Papua New Guinea. The project is near other significant deposits and targets, showing promising results in rock chip and soil samples. The CEO praised the team's efforts in the successful execution of the program.
Great Pacific Gold Corp. has received the Wild Dog Exploration License in Papua New Guinea, covering a significant project with high-grade drill hole intercepts and multiple targets for gold and copper. The project includes two ELs totaling 1424 sq. km on New Britain island. The company aims to advance the project at depth and along strike to unlock its full potential. With this recent grant, all Exploration License Applications have been converted into Exploration Licenses, totaling approximately 2500 sq. km.
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