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Great Pacific Gold Plans 2025 Work Program at Wild Dog
Global Partner Acquisition IIGlobal Partner Acquisition II(US:GPAC) GlobeNewswire News Room·2024-10-28 12:30

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].