Financial Incentives and Support - Stardust Power has received an illustrative incentives package of up to $257 million from the State of Oklahoma, contingent on meeting specific milestones [181]. - The Oklahoma Quality Jobs Program could provide $100,332,936 based on an annual payroll of $99,562,000 over 10 years, requiring an average wage of $120,071 and the creation of at least 10 new jobs [186]. - The Company has engaged industry experts to assist in applying for government grants, with potential grants from the Department of Defense totaling up to $27.5 million and from the Department of Energy up to $150 million [188]. - The Department of Energy plans to invest over $7 billion in the battery supply chain from fiscal years 2022 to 2026, focusing on sustainable sourcing and processing of critical minerals [187]. Production and Operations - The Company has not yet commenced production and has no existing customers, but has received non-binding letters of intent from industry participants [192]. - The Company plans to optimize its refinery for multiple inputs, which is expected to reduce risks and costs, differentiating it in the industry [196]. - The Company intends to utilize brine feedstock to reduce dependency on imported raw materials, potentially lowering costs and speeding up time to market [196]. - The company has received a general permit for stormwater discharges and submitted an air emissions permit application, which is currently under technical review [202]. - As of December 31, 2024, Stardust Power has eight employees, indicating a small workforce size [214]. Environmental and Sustainability Initiatives - The company is committed to integrating ESG and sustainability considerations into its operations, focusing on responsible refining practices [215][216]. - Stardust Power plans to source energy for its refinery from sustainable sources, including solar and wind power [217]. - The company is engineering its facility based on Zero Liquid Discharge (ZLD) technologies to minimize environmental impact [218]. Market and Competitive Landscape - Stardust Power is competing with established companies in lithium production, which may affect its product pricing due to market fluctuations [198]. - Market risk management policies are in place to mitigate financial volatility due to fluctuations in product prices [508]. Financial Risks - The Company has not yet secured binding commitments for debt financing for the lithium refinery, creating uncertainty regarding future financing availability [180]. - Interest rate risk is a concern for the company, as changes in market interest rates could impact growth plans [509]. - Liquidity risk exists, as the company may face challenges in accessing necessary funding sources for operations [510]. - The company is subject to credit risk with cash balances exceeding the FDIC insured amount of $250,000 [517]. - As of December 31, 2024, the company did not have significant exposure to interest rate risk [516]. - The company is currently facing a volatile inflationary environment, impacting costs and potentially harming financial performance [518]. Human Capital and Operational Risks - Human capital risks are present due to the need to attract and retain qualified employees with specialized technical knowledge [513]. - The company is developing policies to mitigate operational risk and ensure compliance with corporate policies [512]. - Legal and regulatory risks are being addressed through the establishment of compliance procedures for various jurisdictions [515]. - The company has only one financial banking institution, which contributes to its credit risk exposure [517]. - The company intends to offer competitive compensation and educational opportunities to retain talent [513]. - The company is implementing best practices to reduce operational risk across the organization [512]. - Inflation has not materially affected the company, but higher costs remain a principal concern [518].

Core Insights - Great Pacific Gold Corp. has provided an update on its Kesar Project, highlighting the discovery of high-priority targets in the East Vein Zone, specifically Hampore and Fufunambi, which show significant potential for gold exploration [2][4]. Exploration and Drilling Results - The exploration work at Kesar has revealed a geological setting indicative of a large-scale mineralized system, with a footprint covering approximately 25 km² [4]. - Recent sampling from Hampore returned an average gold grade of 24.5 g/t, with notable samples including 110.0 g/t and 93.3 g/t [5]. - Fufunambi also showed promising results with an average gold grade of 16.2 g/t, including samples of 58.8 g/t and 43.8 g/t [5]. - A total of 2,000 meters of diamond drilling has been completed at Anteruno, with further drilling planned at Hampore [5][11]. Geological Context - The East Vein Zone is characterized by multiple high-grade artisanal workings and complex structural geology, suggesting it could represent a core feeder zone for a mineral-rich corridor [4][9]. - Dr. Joseph O. Espi has noted the similarity between the East Vein Zone samples and the metasediments in K92 Mining's nearby Kora deposit, indicating high potential for bonanza-grade gold mineralization [9][10]. Future Plans - The company plans to complete an 1,800-meter diamond drill program in Q1 2025 to further test the Hampore and Fufunambi targets [11]. - The company is also preparing for extensive exploration at its Wild Dog project, expected to begin in Q1 2025 [16]. Company Overview - Great Pacific Gold holds a portfolio of exploration projects in Papua New Guinea and Australia, focusing on developing gold-copper resources [16]. - The Kesar project is contiguous with K92 Mining's tenements, enhancing its strategic importance [16].

Core Points - Great Pacific Gold Corp. has successfully closed a non-brokered private placement financing, raising aggregate gross proceeds of $5,050,000 by issuing 11,222,222 units at a price of $0.45 per unit [8] - The net proceeds from the offering will be allocated for diamond drilling at the Kesar and Wild Dog Projects, additional exploration activities in Papua New Guinea, and for general expenses [3] - Certain insiders of the company subscribed for 588,864 units under the offering, which is classified as a related party transaction, but the company is exempt from obtaining a formal valuation and minority shareholder approval [2] Company Overview - Great Pacific Gold has a portfolio of exploration stage projects in Papua New Guinea and Australia, focusing on developing gold-copper resources [4] - Key projects include Kesar, Arau, Wild Dog, Lauriston, and Walhalla, each with significant exploration potential [12][13] Project Details - Kesar is a greenfield exploration project in Papua New Guinea with high-grade gold veins identified [12] - Arau contains the Mt. Victor exploration target, with a Phase 1 drilling program completed in August 2024 [12] - Wild Dog is a brownfield project with a history of small-scale gold mining and established access for exploration work [13] - Lauriston is adjacent to Agnico Eagle's Fosterville operations and has shown promising gold intersections [13] - Walhalla consists of over 1,400 km² of concessions with a high-priority target called Pinnacles, which is fully permitted for drilling [13]

Core Insights - Great Pacific Gold Corp. has provided an update on its Kesar Project, highlighting significant developments in exploration and drilling activities [1] Exploration and Drilling Updates - The East Vein Zone mapping has identified a previously unknown high-priority drill target, with mineralized hydrothermal breccia exposed by artisanal miners [2] - Multiple artisanal adits indicate a significant mineralized structure, with wide zones of alteration and brecciation targeted for upcoming drilling in January [2] - The Anteruno diamond drilling program has completed approximately 1,400 meters of drilling across three drill holes, with ongoing drilling at Hole KDH-04 and a fifth hole planned for early January [2][3] Geological Findings - The mapping and sampling program at the East Vein Zone has revealed numerous artisanal underground workings and adits within outcropping hydrothermal breccia, with sulphide mineralization found in brecciated granodiorite and metasedimentary rocks [3][4] - The degree of brecciation observed in the East Vein Zone is unprecedented within the Kesar project, suggesting it may represent the core or feeder to a large-scale mineralized system [4] Strategic Positioning - The Kesar Project is believed to represent the north-west extension of the Kainantu Mine deposits, located approximately 8 km away, enhancing its strategic significance [4] - With a recently announced $5 million financing, the company is fully funded to drill the high-priority East Vein Zone target and execute its 2025 work program at the Wild Dog project [4] Company Overview - Great Pacific Gold holds a portfolio of exploration stage projects in Papua New Guinea and Australia, focusing on developing gold-copper resources [10] - The Kesar project is a greenfield exploration initiative with several high-priority targets in proximity to K92 Mining's tenements, showing high grades of gold in outcrop and elevated gold in soil grades [10]

Great Pacific Gold to Sell Reedy Creek for $1 million Cash on Closing, $3 million Cash on Milestones and 6 million Shares of Canadian IssuerDecember 03, 2024 4:30 PM EST | Source: Great Pacific Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - December 3, 2024) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) (FSE: V3H) ("Great Pacific Gold," "GPAC," or the "Company") announces that it has entered into a definitive agreement dated December 3, 2024 (the "Agreement") with Zincore Me ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Delaware 99-3863616 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 per share SDST The Nasdaq Global Market Redeemable warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 SDSTW The Nasdaq Global Market FORM 10-Q ☒ QUARTERLY ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 13, 2024 | --- | --- | --- | |---------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------|-----------------------------------------------------| ...

VANCOUVER, British Columbia, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Great Pacific Gold Corp. ("Great Pacific Gold,” “GPAC,” or the "Company") (TSXV: GPAC) (OTCQX: FSXLF) (Germany: V3H) has recently commenced a 5,000 meter diamond drill program at the Company’s Kesar Project in Papua New Guinea, near the border with K92 Mining’s Kainantu mine concessions. The Company also recently announced that preparations have begun for a 2025 field program at its Wild Dog Project in East New Britain Province, PNG. With explor ...

Core Insights - Great Pacific Gold Corp. is providing an update on its Wild Dog Project located in Papua New Guinea, highlighting its significant potential for high-grade gold-copper deposits and porphyry targets [1][2]. Project Overview - The Wild Dog Project covers a district-scale area of 1,424 km² within a major structural corridor measuring 26 km long and over 400 m wide, known as the Nengmukta Fault System [3]. - The project features an 11 km long set of epithermal vein targets, specifically the Wild Dog – Gunsap structural corridor, with approximately 1,100 meters previously mined from 2008 to 2014 [3]. - Key exploration targets include the Kavursuki and Gorocha Hill epithermal vein targets, as well as various porphyry intrusion targets like the Magiabe target, which has not been drill tested [3]. Historical Data - Historical drilling results in the Wild Dog area include: - Hole 90-WDD-086: 11.3 m @ 16.8 g/t AuEq from 18.5 m (16.2 g/t Au, 0.35% Cu) [3]. - Hole 87-WDD-040A: 13.5 m @ 9.0 g/t AuEq from 165 m (8.56 g/t Au, 0.31% Cu) [3]. - Hole 87-WDD-027: 6.2 m @ 19.3 g/t AuEq from 118 m (19.1 g/t Au, 0.08% Cu) [3]. - Selected samples from historic stockpiles returned high grades, including: - Sample 30-104: 242 g/t Au, 601 g/t Ag, and 9.52% Cu [3]. - Sample 68-001: 123 g/t Au, 350 g/t Ag, and 11.0% Cu [3]. Current Developments - The company is currently conducting a 5,000 meter drill program at its Kesar Project and is preparing for a field program at Wild Dog in 2025 [2]. - Road access to the Wild Dog Project has been re-established, and the management team plans to be on-site in November to develop the 2025 work program [3]. Location and Access - The Wild Dog Project is situated 50 kilometers south-southwest of Rabaul in the Baining Mountains of the Gazelle Peninsula, East New Britain Province, PNG [4]. - Access to the project is facilitated by a 40 km all-weather road from the ports of Kokopo and Rabaul, followed by a 12 km unsealed road that has been recently upgraded [4]. Company Background - Great Pacific Gold holds a portfolio of exploration stage projects in Papua New Guinea and Australia, focusing on developing gold-copper resources [9]. - Other core projects include Kesar, Arau, Lauriston, and Walhalla, each with significant exploration potential [9].

VANCOUVER, British Columbia, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Great Pacific Gold Corp. ("Great Pacific Gold,” “GPAC,” or the "Company") (TSXV: GPAC) (OTCQX: FSXLF) (Germany: V3H) is providing an update on one of its core projects, the Kesar Project (“Kesar” or the “Project”) located in the Eastern Highlands province of Papua New Guinea. The Company’s previously announced 5,000 meter drill program at the Anteruno target, the first drill target at Kesar, has commenced. Highlights Anteruno represents the firs ...