InvestSMART

Geopacific Resources Ltd (ASX:GPR)

ALERT: Price-sensitive ASX Announcement for GPR
Current share price for GPR : $0.028 -0.001 (-3.45%)+
Announcement
Release
8 Sep 2025 8:20AM
Price at Release
$0.029
Full Release
download
Summary
Geopacific Resources Ltd has reported growth opportunities through its exploration drilling at the Woodlark Gold Project in Papua New Guinea. The company is conducting a 30,000-metre drill campaign to explore and potentially expand the known gold mineralisation beyond the current 1.67 million ounces. Significant high-grade gold mineralisation has been discovered near the surface at the Kamwak target, which may represent a new discovery adjacent to the existing Kulumadau deposit. Additional promising results have been obtained from the Busai, Boscalo North, and Great Northern areas. The company is advancing its exploration efforts with further RC and diamond drilling planned.
Key Points
  • High-grade gold mineralisation intersected at Kamwak.
  • Kamwak may represent a new discovery near Kulumadau deposit.
  • Drill campaign aims to expand beyond 1.67 Moz of gold resources.
  • Encouraging results from Busai, Boscalo North, and Great Northern.
  • Further RC and diamond drilling planned at multiple targets.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.