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South Pacific Metals Corp. (OTCQB: SPMEF) generates frequent exploration-focused news as it advances gold-copper projects in Papua New Guinea. Company releases highlight work across its portfolio, which includes the Anga, Osena, Kili Teke, and May River projects, all described as being located within established gold and copper production corridors.
Many recent updates center on the Osena Project and, in particular, the Ontenu area. At Ontenu Central, the company reports trenching and soil sampling programs that extend gold-in-soil anomalies over several kilometers and define structural corridors targeted for drilling. At Ontenu Northeast, South Pacific Metals has issued multiple releases detailing new mineralized structures, high-grade rock chip assays for copper, gold and silver, and the start of a maiden drilling program designed to test epithermal gold-copper vein targets.
News from the Anga Project has included the identification of new mineralized zones at Golkona South, where the company reports a sizeable gold-in-soil anomaly and coincident copper and silver anomalies, as well as stream sediment pan concentrates with elevated gold. These technical updates are often accompanied by maps, assay tables, and descriptions of ongoing sampling and reconnaissance.
In addition to exploration results, South Pacific Metals’ news flow covers corporate and legal developments. Examples include the appointment of a new Chief Executive Officer, the engagement of marketing and advertising service providers, and court injunctions obtained through its subsidiary Kainantu Resources Limited to protect exclusive exploration rights over Exploration Licence EL2558 bordering K92 Mining’s tenements.
Investors and observers following SPMEF news can therefore expect a mix of geological results, drilling and trenching updates, project-scale interpretations, corporate actions, and legal proceedings related to the company’s licences in Papua New Guinea.
South Pacific Metals (OTCQB: SPMEF) reported multi-element rock chip assays from the Ontenu NE prospect on November 11, 2025, within its Osena Project.
Key surface results include 21.2% Cu, 214 g/t Ag, 0.41 g/t Au (0.25m massive sulphide), 18.1% Cu, 310 g/t Ag (0.7m splay), 12.4% Cu, 131 g/t Ag, 1.21 g/t Au (0.2–0.5m splay), and 1.2% Cu, 258 g/t Ag, 8.65% Zn, 9.34 g/t Au (0.25m quartz vein).
Ontenu NE covers ~2 km2 within a 5x3 km epithermal footprint, with mapped structures up to 1,200m strike and an Onki Fault area showing a ~3m true-width fault zone and multiple high-grade splays. Mapping and sampling continue and drilling has commenced in the southern Ontenu NE area.
South Pacific Metals (OTCQB: SPMEF) has started its maiden drill program at the Ontenu Northeast prospect in Papua New Guinea within the Kainantu Transfer Zone.
The program will test northwest-trending mineralised structures for deeper epithermal Au-Cu veins, targeting surface samples that returned up to 3.95 g/t Au, 645 g/t Ag, 1.56% Cu across 6 m and other samples up to 13.9 g/t Au. The company plans 4–6 holes totaling ~1,500 m to the end of the 2025 field season, with first hole targeting depths of 100–250 m.
South Pacific Metals (OTCQB: SPMEF) reported discovery of new gold‑copper mineralized zones at Golkona South, part of the Anga Project in Papua New Guinea on October 14, 2025. Key results include a 2.2 × 1.1 km gold‑in‑soil anomaly with a peak soil value of 1080 ppb Au, copper up to 3,397 ppm Cu, silver up to 2,160 ppb Ag, and stream pan concentrates to 282 ppm Au.
Geophysical Mobile MT conductivity features coincide with the anomalies and trend northeasterly toward K92's Arakompa deposit. The company will continue geochemical sampling, mapping and use existing data to define initial drill targets while drilling is imminent at a separate Ontenu NE target.
South Pacific Metals (OTCQB: SPMEF) reported additional rock chip assays from new mineralised structures at the Ontenu NE prospect on October 6, 2025. Key assays include 13.9 g/t Au & 388 g/t Ag, 3.68 g/t Au & 302 g/t Ag, and 3.36 g/t Au & 302 g/t Ag, plus 11 samples in the 0.1–1.0 g/t Au range with up to 184 g/t Ag and 0.26% Cu. Ontenu NE now has at least six mapped mineralized structures over several hundred metres with coincident As-Au-(Cu) soil anomalies up to 1,200 m. These northwest-trending structures expand the September 17, 2025 discovery and are described as epithermal Au-Cu targets. Mapping, sampling, trenching and drill planning are underway, with the company stating drilling will begin in the coming month and further assays pending.
South Pacific Metals Corp. (OTCQB: SPMEF) has announced significant discoveries at its Ontenu NE prospect within the Osena Project, located in the Kainantu Transfer Zone. The company reported high-grade assay results from newly discovered mineralized structures, including samples with up to 3.95g/t Au, 1.2% Cu, and 603ppm Ag.
Key findings include a 1-2m wide mineralized structure with sulphides and copper oxides, and multiple high-grade samples ranging from 1.14g/t to 3.95g/t Au. Additionally, the company discovered a vein in sheared conglomerate outcrop yielding 7.69g/t Au with visible gold, and a creek float rock sample containing 9.34g/t Au and 272g/t Ag.
The Ontenu NE prospect is developing as a potential epithermal Au-Cu target zone, with several Au-As soil anomalies extending up to 1,200m. The company plans to commence its first drilling program in the area within the next month.
South Pacific Metals Corp. (OTCQB: SPMEF) announced that the National Court of Papua New Guinea has upheld an interim injunction against K92 Mining and the Mineral Resources Authority (MRA) regarding Exploration Licence EL2558.
The injunction prevents K92 Mining from entering or interfering with the EL2558 licence area and stops the MRA from processing K92 Mining's applications for leases over the area. The National Court awarded costs in favor of SPMC and has offered parties the choice between nonbinding mediation or proceeding to trial.
The core dispute centers on whether SPMC's subsidiary KRL has exclusive rights to apply for a Lease for Mining Purposes (LMP) over its exploration licence area. The EL2558 area is crucial for SPMC's exploration programs and could potentially serve as a tailings storage site.
South Pacific Metals Corp. (OTCQB: SPMEF) has secured an interim injunction from Papua New Guinea's National Court against K92 Mining. The injunction protects SPMC's exclusive exploration rights within the EL 2558 exploration licence area, preventing K92 Mining from entering the area or conducting any activities including sterilization drilling and infrastructure development.
The company has initiated legal proceedings against K92 Mining and the Mineral Resources Authority, seeking declaratory relief to confirm its exclusive rights as the registered holder of EL 2558. The case will proceed with an inter partes hearing on August 22, 2025, to determine if the injunctive relief will continue.
[ "Obtained court injunction protecting exclusive exploration rights on EL 2558", "Legal action maintains control over potential future tailings facility area", "Successfully prevented unauthorized activities by competitor in licence area" ]South Pacific Metals (OTCQB: SPMEF) has announced strategic marketing and advertising partnerships with two firms. The company has engaged Capital Analytica for a six-month marketing support program at a cost of $120,000, and 45 Degrees for advertising services compensated through stock options.
Additionally, SPMEF has granted 575,000 stock options at an exercise price of $0.55 with an expiration date of July 29, 2030, and awarded 175,000 restricted share units (RSUs) to various consultants and an officer. The company also reported the cancellation of 150,000 previously granted stock options from February 2025.
South Pacific Metals Corp. (OTCQB: SPMEF) has reported significant progress at its Ontenu Central Prospect, part of the Osena Project in Papua New Guinea's Kainantu District. The company has expanded mineralization through its 2025 trenching program, with notable results including 5m @ 2.53 g/t Au within 87m @ 0.41 g/t Au in ONT25TR-001 and 1m @ 5.05 g/t Au within 50m @ 0.35 g/t Au in ONT25TR-003.
The exploration program has identified two main corridors - Westside & Central - each extending over 1,000 meters in length. The overall gold in soil anomalies now cover a 3 x 5 km area. The company has completed an additional 532m of trenches awaiting analysis and is preparing for an imminent drilling program, with the rig already in-country being commissioned.
South Pacific Metals (OTCQB: SPMEF) has appointed Timo Jauristo as its new Chief Executive Officer, effective June 30, 2025. Jauristo brings over 40 years of mining sector experience, notably serving as Executive VP of Corporate Development at Goldcorp Inc. and holding senior positions at Placer Dome.
The appointment comes as SPMEF prepares to launch its maiden drill program at Osena. The company has also granted 200,000 stock options at $0.49 per share and awarded 1,000,000 restricted share units (RSUs) to directors and officers, both vesting over three years.
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