South Pacific Metals Announces Closing of Upsized C$6.3 Million Financing and Welcomes Jonathan Rubenstein to Its Board of DirectorsCompany Retains Agentis Capital Mining Partners for Advisory ServicesFebruary 04, 2025 7:30 AM EST | Source: South Pacific Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - February 4, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (FSE: 6J00) ("SPMC" or the "Company") is pleased to announce that is has closed its previously announced non-brokered privat ...

South Pacific Metals Upsizes its Previously Announced $4 Million Non-Brokered Private Placement Offering to $6.3 Million in Response to Investor InterestJanuary 20, 2025 3:05 PM EST | Source: South Pacific Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - January 20, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (FSE: 6J00) ("SPMC" or the "Company") is pleased to announce that further to its press release of December 11, 2024, the Company has increased the size of its previously ann ...

Vancouver, British Columbia--(Newsfile Corp. - December 20, 2024) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") announces that it has changed its auditor from Smythe LLP (the "Former Auditor") to Davidson & Company LLP (the "Successor Auditor") effective December 10, 2024.In accordance with National Instrument 51-102 Continuous Disclosure Obligations ("NI 51-102"), the Company has filed a Notice of Change of Auditor with respect to the resignation of the For ...

If you are an income-oriented investor like me who enjoys receiving passive income from your investments, you may already know about closed-end funds, or CEFs, that invest in collateralized loan obligations (“CLOs”) and, specifically, in CLO EquityNow retired, I am an income-oriented investor seeking high yield income to support my lifestyle in retirement.I became deeply interested in the stock market beginning in late 2007 (bad timing for me but worse for my uncle) when I received an unexpected inheritance ...

South Pacific Metals Appoints Alex Davidson to Its Board of Directors and Announces Private Placement OfferingDecember 11, 2024 8:00 AM EST | Source: South Pacific Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - December 11, 2024) - South Pacific Metals Corp. (TSXV: SPMC) (FSE: 6J00) ("SPMC" or the "Company") is pleased to announce the appointment of Alexander Davidson to the Company's Board of Directors. With over 40 years of experience designing, executing, and managing gold and b ...

Core Insights - South Pacific Metals Corp. has appointed Dean Williamson as Exploration Manager to lead drilling programs at the Anga and Osena Projects in Papua New Guinea's Kainantu Gold District, leveraging his extensive experience from K92 Mining [2][3][4]. Project Developments - The Irinke Prospect has defined a 2 km-wide mineralized NE trending corridor at the SW Anga Project, with geological similarities to K92's Arakompa Discovery, located less than 3 km away [2][5]. - Drill planning for the Anga and Osena Projects is nearing completion, with additional exploration programs set to commence, including a new anomaly discovery at Binano, located less than 1,500 meters from K92 Mining's Plant Site [2][5][6]. - The Anga and Osena Projects are strategically positioned within a shared 45 km mineralized corridor, enhancing the potential for near-term discoveries and development [2][5]. Exploration Results - Recent surface sampling at the Irinke Prospect returned notable gold assays, including 3.28 g/t Au and 1,292 ppm Cu, indicating high-priority targets for future drilling [8][10]. - The total anomalous Au-Cu footprint at Anga is approximately 4 by 3 km, suggesting a potentially large subsurface mineralized system [8][10]. - New anomalies at Binano have been identified, with a soil sampling grid revealing a coincident gold and pathfinder anomaly over 700 x 300 meters [12][10]. Future Plans - The company plans to conduct further surface exploration work at Anga, including detailed soil grid sampling in the Irinke area and assessing locations for drill placement [14][10]. - A preliminary ridge and spur and stream sampling program is being designed to explore other targets at Anga that have not yet been ground-truthed [14][10]. Company Overview - South Pacific Metals Corp. operates in the Kainantu Gold District, with a focus on gold-copper exploration and a land package of 3,100 km², adjacent to major producers like K92 Mining [23][24].